Property summary
This exceptional mixed-use property, located at 1705-1709 E Franklin St in Richmond, Virginia, presents a unique investment opportunity. Built in 1910 and extensively renovated in 2017, this single-tenant building boasts a total of 11,941 square feet. Currently, 3,538 square feet are available, offering significant potential for expansion or lease to a new tenant. The property's prime location in the vibrant Richmond, VA 23223 zip code ensures high visibility and accessibility. The building's blend of retail and office space caters to a diverse range of businesses. Its historic character, combined with modern updates, creates a desirable and functional space. The property's strong structural foundation and recent renovations ensure long-term value and minimal maintenance needs. This is an ideal opportunity for investors seeking a well-maintained, historically significant property in a thriving urban setting. The substantial vacant space provides immediate income potential or the chance to develop a customized space to suit a specific tenant's needs. This property offers a compelling combination of historical charm and modern functionality, making it a truly exceptional investment.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Advertising Agency Marketing & Advertising
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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