Active

1109 & 1111 W Franklin St

Richmond VA, 23220

$1,295,000


$161.71 per sqft

Active

8,008 sqft

Commercial

Built in 1900

NEWLY PRICED, ENHANCED DEVELOPMENT VALUE! 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 includes 2 buildings (previously 2- Fan single family 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: Single family renovation/resale, owner-occupied single or Multi-Family, Duplex luxury rental units and/or convert to condominums, offices/mixed-use developent.

2324670

MLS ID

October 10, 2023

Listed

July 13, 2024

Updated

Map

1109 & 1111 W Franklin St
Richmond VA, 23220

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Baseboard, Natural Gas, Zoned

Exterior/Building Features

Lot Features

Level


Roof

Rubber


Sewer

Public Sewer

Other Property Details

Area Name

10 - Richmond


Days on Market

302


Garage

No


View

No


County

Richmond City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

5/14/2024

Price Change

$1,295,000

-22%

Listed by Joyner Fine Properties, David Feibish, (804) 967-2735 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 7/13/2024

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