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Shockoe Bottom Commercial + Apartment 1814 E Franklin St 3,784 SF 100% Leased Office Building Richmond, VA 23223 $825,000 ($218.02/SF)
INVESTMENT HIGHLIGHTS
- 2,265 parcel SF (0.05 AC)
- 2 stories
- Second level apartment
- 3,784 SF building
- Ground level commercial
- 1919 construction
EXECUTIVE SUMMARY
Mixed Use Shockoe Bottom Building Perfect for Investor or Owner/Occupant
Shockoe Bottom is one of Richmond’s oldest and most historic neighborhoods. In recent years, this neighborhood has undergone tremendous revitalization. Now, 1814 East Franklin St sits at the center of a lively business and entertainment district that is home to some of the area’s most well-known shops and restaurants. But in addition, Shockoe Bottom is also a popular residential area for those who choose an urban lifestyle where they can combine the best aspects of city-living.
Within walking distance to Richmond’s iconic Main Street Station and the 17th St Farmer’s Market, this property features a ground-level commercial space with large storefront windows facing East Franklin Street. The completely renovated second floor apartment offers two bedrooms, two bathrooms, open floor plan, exposed brick walls, and hardwood flooring. Large windows also provide ample natural lighting. These outstanding features make 1814 East Franklin St perfect for an investor or owner/occupant interested in the Shockoe Bottom area
Shockoe Bottom is one of Richmond’s oldest and most historic neighborhoods. In recent years, this neighborhood has undergone tremendous revitalization. Now, 1814 East Franklin St sits at the center of a lively business and entertainment district that is home to some of the area’s most well-known shops and restaurants. But in addition, Shockoe Bottom is also a popular residential area for those who choose an urban lifestyle where they can combine the best aspects of city-living.
Within walking distance to Richmond’s iconic Main Street Station and the 17th St Farmer’s Market, this property features a ground-level commercial space with large storefront windows facing East Franklin Street. The completely renovated second floor apartment offers two bedrooms, two bathrooms, open floor plan, exposed brick walls, and hardwood flooring. Large windows also provide ample natural lighting. These outstanding features make 1814 East Franklin St perfect for an investor or owner/occupant interested in the Shockoe Bottom area
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,784 SF
Building Class
B
Year Built
1919
Price
$825,000
Price Per SF
$218.02
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,705 SF
Building FAR
1.67
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
B-5
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | E000-0131-041 | Improvements Assessment | $367,000 |
| Land Assessment | $159,000 | Total Assessment | $526,000 |
PROPERTY TAXES
Parcel Number
E000-0131-041
Land Assessment
$159,000
Improvements Assessment
$367,000
Total Assessment
$526,000
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Shockoe Bottom Commercial + Apartment | 1814 E Franklin St
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