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1109 & 1111 W Franklin Street Richmond, VA $ 1,650,000
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1109 & 1111 W Franklin Street
$ 1,650,000
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1109 & 1111 W Franklin Street

Richmond, VA, 23220
$ 1,650,000
Baths0.0 Sq 8,008

Monthly Estimate*

$ 11,526

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Studio

Commercial Property for sale in Richmond, VA

for $1,650,000. This 8,008 square foot building was built in 1900.

NEW PRICE ADJUSTMENT A generational re-imagine and re-purpose development opportunity within the vibrant Fan District. Potential Historic Tax Credits. The 800 block to the 1100 block of West Franklin Street was once known as Richmond’s 5th Avenue, lined with Second Empire, Queen Anne, Jacobean, Romanesque and Colonial Revival styles architecture. This location is a part of the western portal to the original RPI, now VCU. This offering is 2- Fan Row Homes, totaling a combined area of approximately 8,008 sq. ft. (~4,000 s.f. each) plus ~3,916 sq. ft. of full, unfinished basement. New roof, Off-street parking spaces. Consider the possibilities: Multi-Family Development, Office, Mixed Use, Single Family renovation and resale.

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Year Built

1900

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2324670
Features
General
Sewer PublicSewer
Heating Baseboard NaturalGas Zoned
Cooling CentralAir
Possession Negotiable
Roof Rubber
Construction Materials Brick
Year Built 1900
Stories 3
Topography Level
Levels ThreeOrMore
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions W. Franklin Street at Lombardy is 1-way going east. 1100 block of W. Franklin between Boyd & Birch Streets.
View Y/N N
Senior Community Y/N N
Zoning Description R-6
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Franklin
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Home Warranty Y/N N
Property Condition AverageCondition GoodCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 94
Standard Status Active
Tax Assessed Value 0
Tax Lot 60 x 144
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Exterior
Lot Features Level
Water Source Public
Spa N
Building Area Total 8008.0
Lot Dimensions 60 x 144
Lot Size Units Acres
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
David Feibish

Listing Agent

Joyner Fine Properties

Broker

david.feibish@joynerfineproperties.com

Email

Affordability Calculator

$11,526
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,526
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1821039 Elementary School
1821205 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/6/2023$1,650,000 -8.08% Price Down
10/10/2023$1,795,000 Listed Price

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1109 & 1111 W Franklin Street, Richmond, VA, 23220 is a Commercial Property for sale at $1,650,000 with 8,008 sqft. 1109 & 1111 W Franklin Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 23220 which is in Richmond, VA

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