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201 E Franklin St
Richmond, VA 23219
Office Property For Sale

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
$4,863,950 CAD
Price Per SF
$197.25 CAD
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

Property Taxes

Property Taxes

Parcel Number
W000-0047-001
Land Assessment
$1,104,812 CAD
Improvements Assessment
$1,625,949 CAD
Total Assessment
$2,730,761 CAD
  • Listing ID: 33995352

  • Date on Market: 2024-11-25

  • Last Updated:

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

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