5 E Franklin Street Richmond, VA $ 1,200,000
5 E Franklin Street
$ 1,200,000
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5 E Franklin Street

Richmond, VA, 23219
$ 1,200,000
Baths0.0 Sq 8,096

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Richmond, VA

for $1,200,000. This 8,096 square foot building was built in 1890.

Constructed in 1890 as a single family home, this executive office building is a one-of-a-kind property located in Richmond’s historic Monroe Ward neighborhood. Totaling 8,096 square feet, this stately building features a finished English basement, restrooms, conference room, kitchen, and individual private offices with many unique, original finishes. The English basement can be included in the total square footage for one user or can easily be leased to a second tenant. Additionally, there is off-street parking available in the rear of the property. Currently home to a team of attorneys, future owner occupants or tenants will have a statement office in this impressive building. The property’s R-3 zoning allows for a variety of uses. Uniquely positioned within the city, 5 E Franklin St is bordered by Virginia Commonwealth University from both the east and west. The property is a short distance to City Hall, the Virginia State Capitol and several courts buildings. This vibrant Monroe Ward neighborhood is walkable to local coffee shops, stores, restaurants and public transit; highly desirable to any office user.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Year Built

1890

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2401160

Features
General
Sewer PublicSewer
Cooling CentralAir
Possession CloseOfEscrow
Roof BuiltUp
Construction Materials Brick
Year Built 1890
Stories 3
Topography Level
Levels ThreeOrMore
Percent Ownership Investment Owner-User
County Richmond City
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features SingleTenant
Status Active
View Y/N N
Senior Community Y/N N
Zoning Description RO-3
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition GoodCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 159
Standard Status Active
Tax Assessed Value 0
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Exterior
Lot Features Level
Water Source Public
Spa N
Building Area Total 8096.0
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 N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Justin Sledd

Listing Agent

One South Commercial Llc

Broker

justin.sledd@onesouthrealty.com

Email

Affordability Calculator

$7,976
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% 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
Pricing History
DatePricePrice ChangeDescription
1/15/2024$1,200,000 Listed Price

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5 E Franklin Street, Richmond, VA, 23219 is a Commercial Property for sale at $1,200,000 with 8,096 sqft. 5 E Franklin Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 23219 which is in Richmond, VA