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201 E Franklin St 24,659 SF Vacant Office Building Richmond, VA 23219 $3,500,000 ($141.94/SF)

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INVESTMENT HIGHLIGHTS

  • Prime location with 34 on-site parking spaces
  • Greater Richmond Convention Center nearby
  • Within walking distance to restaurants, hotels and the Downtown Richmond YMCA

EXECUTIVE SUMMARY

A prime commercial property in the heart of downtown Richmond. This 24,659± SF freestanding building, formerly the City of Richmond Fire Department Headquarters, is situated on 0.45 acres and offers an incredible opportunity for redevelopment or adaptive reuse. Zoned B-4, the property is well-suited for a variety of commercial purposes. Its location provides exceptional accessibility, within walking distance to restaurants, hotels, the Downtown Richmond YMCA, and just steps away from the Greater Richmond Convention Center. With 34 on-site parking spaces, a valuable asset in the downtown area, this property is ideal for businesses or investors looking to establish a presence in a thriving urban center.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,659 SF
Building Class
B
Year Built
1986
Price
$3,500,000
Price Per SF
$141.94
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,220 SF
Slab To Slab
12’
Building FAR
1.26
Lot Size
0.45 AC
Zoning
B-4
Parking
37 Spaces (1.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 8,765 SF
  • Office
  • Full Build-Out
  • Now

24,659± SF of office space available in a free standing building.

  • 1st Floor
  • 2,761 SF
  • Office
  • Full Build-Out
  • Now

24,659± SF of office space available in a free standing building

  • 2nd Floor
  • 8,765 SF
  • Office
  • Full Build-Out
  • Now

24,659± SF of office space available in a free standing building.

  • 3rd Floor
  • 4,368 SF
  • Office
  • Full Build-Out
  • Now

24,659± SF of office space available in a free standing building.

Space Size Space Use Condition Available
1st Floor 8,765 SF Office Full Build-Out Now
1st Floor 2,761 SF Office Full Build-Out Now
2nd Floor 8,765 SF Office Full Build-Out Now
3rd Floor 4,368 SF Office Full Build-Out Now

1st Floor

Size
8,765 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size
2,761 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
8,765 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
4,368 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 8,765 SF
Space Use Office
Condition Full Build-Out
Available Now

24,659± SF of office space available in a free standing building.

1st Floor

Size 2,761 SF
Space Use Office
Condition Full Build-Out
Available Now

24,659± SF of office space available in a free standing building

2nd Floor

Size 8,765 SF
Space Use Office
Condition Full Build-Out
Available Now

24,659± SF of office space available in a free standing building.

3rd Floor

Size 4,368 SF
Space Use Office
Condition Full Build-Out
Available Now

24,659± SF of office space available in a free standing building.

Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
W000-0047-001
Land Assessment
$795,000
Improvements Assessment
$1,170,000
Total Assessment
$1,965,000
  • Listing ID: 33995352

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 201 E Franklin St, Richmond, VA 23219

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