1705 Franklin StRichmond, VA 23223

Property Details for 1705 Franklin St

Year built

1910

Property size (Sq ft)

11,941 SF

Property type

Retail properties

Property subtype

Office properties

Description

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.

Location Insight

City

Richmond

County

Henrico

State

Virginia

Latitude

37.534

Longitude

-77.4272

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