804-200-6415
1014 W Franklin St, Richmond, VA for Sale
Office - FOR SALE
1/2
null | Request Cap Rate

1014 W Franklin St
Richmond, VA 23284
The Fan


HIGHLIGHTS

  • Prime location adjacent to VCU campus in Richmond’s urban core
  • Excellent regional access via I-95, I-64, and I-195
  • Walkable to diverse retail, dining, and cultural amenities
  • Strong demographics with high household income and employment density
  • Versatile building footprint with detached garage for added utility

OVERVIEW

Positioned in the heart of Richmond’s dynamic urban core, 1014 W Franklin Street offers a rare opportunity to acquire a well-located asset adjacent to Virginia Commonwealth University’s bustling campus. This three-story building with basement and detached garage sits on a compact 0.119-acre parcel, making it ideal for adaptive reuse or redevelopment. The property benefits from exceptional connectivity with immediate access to I-95, I-64, and I-195, ensuring seamless regional reach. Surrounding amenities include a vibrant mix of retail, dining, and cultural attractions, all within walking distance, creating strong appeal for office, educational, or specialty uses. The area’s demographics underscore its investment potential: over 148,000 residents within three miles and an average household income exceeding $100,000. Daytime employment density is equally compelling, with nearly 100,000 workers in the three-mile radius, supporting robust demand drivers. Whether repositioned for institutional use or modernized for creative office space, this property’s strategic location and urban character make it a standout investment in one of Richmond’s most sought-after corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1014 West Franklin Street

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R-3

APN/PARCEL ID

W000-0470-025

ASK ABOUT THIS PROPERTY

804-200-6415

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804-200-6415

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