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Imperial Building 422 E Franklin St 23,187 SF Vacant 4-Star Office Building Richmond, VA 23219 $2,800,000 ($120.76/SF)



Investment Highlights
- Great visibility
- In the heart of Richmond city
Property Facts Under Contract
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
TROPHY OFFICE RENOVATION! Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city’s most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding façade that offers both presence and prestige just steps from the Capitol complex and the city’s core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond’s most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant—all within a short walk—creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building’s historic grandeur while integrating modern systems and amenities to meet today’s office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, “Mad Men”-style aesthetic—perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, The Imperial Building presents an outstanding opportunity for a company seeking a distinctive and highly visible headquarters presence in Richmond. *Pricing is for a historic renovation with a TI package*
TROPHY OFFICE RENOVATION! Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city’s most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding façade that offers both presence and prestige just steps from the Capitol complex and the city’s core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond’s most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant—all within a short walk—creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building’s historic grandeur while integrating modern systems and amenities to meet today’s office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, “Mad Men”-style aesthetic—perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, The Imperial Building presents an outstanding opportunity for a company seeking a distinctive and highly visible headquarters presence in Richmond. *Pricing is for a historic renovation with a TI package*
TROPHY OFFICE RENOVATION! Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city’s most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding façade that offers both presence and prestige just steps from the Capitol complex and the city’s core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond’s most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant—all within a short walk—creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building’s historic grandeur while integrating modern systems and amenities to meet today’s office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, “Mad Men”-style aesthetic—perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, The Imperial Building presents an outstanding opportunity for a company seeking a distinctive and highly visible headquarters presence in Richmond. *Pricing is for a historic renovation with a TI package*
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 7,922 SF | Office | - | Now |
| 2nd Floor | 6,960 SF | Office | - | Now |
| 3rd Floor | 6,960 SF | Office | - | Now |
1st Floor
| Size |
| 7,922 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 6,960 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 6,960 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 7,922 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
TROPHY OFFICE RENOVATION! Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city’s most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding façade that offers both presence and prestige just steps from the Capitol complex and the city’s core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond’s most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant—all within a short walk—creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building’s historic grandeur while integrating modern systems and amenities to meet today’s office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, “Mad Men”-style aesthetic—perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, The Imperial Building presents an outstanding opportunity for a company seeking a distinctive and highly visible headquarters presence in Richmond. *Pricing is for a historic renovation with a TI package*
2nd Floor
| Size | 6,960 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
TROPHY OFFICE RENOVATION! Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city’s most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding façade that offers both presence and prestige just steps from the Capitol complex and the city’s core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond’s most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant—all within a short walk—creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building’s historic grandeur while integrating modern systems and amenities to meet today’s office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, “Mad Men”-style aesthetic—perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, The Imperial Building presents an outstanding opportunity for a company seeking a distinctive and highly visible headquarters presence in Richmond. *Pricing is for a historic renovation with a TI package*
3rd Floor
| Size | 6,960 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
TROPHY OFFICE RENOVATION! Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city’s most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding façade that offers both presence and prestige just steps from the Capitol complex and the city’s core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond’s most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant—all within a short walk—creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building’s historic grandeur while integrating modern systems and amenities to meet today’s office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, “Mad Men”-style aesthetic—perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, The Imperial Building presents an outstanding opportunity for a company seeking a distinctive and highly visible headquarters presence in Richmond. *Pricing is for a historic renovation with a TI package*
Property Taxes
| Parcel Number | W000-0024-010 | Improvements Assessment | $2,245,000 |
| Land Assessment | $548,000 | Total Assessment | $2,793,000 |
Property Taxes
Presented by
Imperial Building | 422 E Franklin St
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