1705 Franklin StRichmond, VA 23223

Property Details for 1705 Franklin St

Year built

1910

Property size (Sq ft)

11,941 SF

Property type

Mixed-use properties

Property subtype

Other retail 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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