11091111 W Franklin Street, Richmond, VA 23220 (MLS # 2324670)

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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, Multi-Family, Duplex luxury units and after tax credits convert to condos; offices, mixed-use.

DAYS ON MARKET 254 LAST UPDATED 5/15/2024
YEAR BUILT 1900 COMMUNITY 10 - Richmond
COUNTY Richmond City STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Dec 6, '23 $1,795,000
Dec 6, '23 - May 15, '24 $1,650,000
May 15, '24 - Today$1,295,000


ADDITIONAL DETAILS
AIRCentral Air
AIR CONDITIONINGYes
AREA10 - Richmond
CONSTRUCTIONBrick
HEATBaseboard, Natural Gas, Zoned
LOT DESCRIPTIONLevel
LOT DIMENSIONS60 x 144
SEWERPublic Sewer
STORIES3+
WATERPublic
ZONINGR-6
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Joyner Fine Properties

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 Listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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Last Updated: 5/16/24 6:00 AM PDT

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