Owner Occupant or Office Investment
9 East Franklin Street Richmond Virginia 23219
$1,365,000
One South Commercial is proud to offer the exclusive listing for 9 E Franklin Street, located in Richmond’s historic Monroe Ward neighborhood. Originally built in 1879 as a single-family residence, this unique executive office building, totaling 7,728 square feet across four stories, is move-in ready for a NNN lease tenant or owner occupant. With off-street parking and a seamless blend of modern office spaces and preserved historic charm, this property serves as a distinguished choice for businesses seeking to make a lasting impression on clients and employees.
Strategically situated within the city, 9 E Franklin Street is bordered by Virginia Commonwealth University to the east and west. The lively Monroe Ward area offers walkable access to the State Capitol, The Jefferson Hotel, coffee shops, stores, restaurants, public transportation, and a host of other amenities, making it a prime location for any office user.
ABOUT MONROE WARD
Monroe Ward is a vibrant and historic neighborhood in the heart of downtown Richmond, offering a unique blend of urban energy and historic charm. Known for its late 19th and early 20th-century architecture, the area is a testament to Richmond’s rich history, featuring Victorian-era homes and well-preserved commercial buildings. Recent economic revitalization has transformed Monroe Ward into a hub for entrepreneurs and businesses. The proximity to Virginia Commonwealth University and downtown institutions has attracted young professionals, fostering a dynamic entrepreneurial scene. The neighborhood’s strategic location and easy access to transportation make it a prime choice for both residential and commercial development.
Monroe Ward is celebrated for its diverse and welcoming community, with numerous events and festivals that highlight its cultural richness. A thriving arts scene, alongside diverse culinary offerings, provides a vibrant atmosphere for residents and visitors alike.
As Richmond continues to grow, Monroe Ward is poised for continued development, balancing historic preservation with new innovation. Its unique blend of history, culture, and opportunity makes Monroe Ward a key player in Richmond’s economic and cultural landscape.
Justin is a seasoned commercial real estate expert with over 15 years worth of experience. Having a widespread knowledge of the Richmond real estate market, Justin is comfortable handling many types of transactions, but his primary practice areas are multifamily and investment sales. Justin possesses a commanding knowledge of Richmond’s rental market, providing his clients with in-depth analysis of the competitive landscape and value-added solutions. Justin is a Richmond native and a graduate of Virginia Commonwealth University.
Ryan’s practice at One South Commercial focuses on investment and development site sales throughout Virginia. He brings a detailed, solutions-oriented approach to each transaction and has successfully represented a wide array of buyers and sellers on deals ranging from $1 million to $35 million. A Richmond native with a background in institutional real estate management, Ryan leverages a wide network of industry contacts and his experience “under the hood” to advise One South Commercial’s clients on everything from local sub-markets to national capital markets, and is ready and able to tackle anything in between.
Tom Rosman has been brokering investment real estate since the early 1990’s in the Richmond, VA, metro area. He has brought hundreds of transactions to a successful conclusion, including large apartment complexes, apartment buildings in historic neighborhoods, office buildings, retail properties, mixed use buildings, and numerous historic adaptive reuse properties.
Tom was one of the first brokers to recognize the transformative changes occurring in many of Richmond’s most architecturally significant but ignored neighborhoods. Having helped place many of the warehouses and other commercial structures in the hands of Richmond’s development community, Tom’s belief in what a property should be was never compromised by the condition it was in.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed
