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.