1109 & 1111 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, owner-occupied single or Multi-Family, Duplex luxury rental units and/or convert to condominums, offices/mixed-use developent.

DAYS ON MARKET 592 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
AIR Central Air
AIR CONDITIONING Yes
AREA 10 - Richmond
CONSTRUCTION Brick
HEAT Baseboard, Natural Gas, Zoned
LOT DESCRIPTION Level
LOT DIMENSIONS 60 x 144
SEWER Public Sewer
STORIES 3+
WATER Public
ZONING R-6
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Joyner Fine Properties

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Last Updated: 4/19/25 5:08 AM PDT

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