Property Summary
ONE SOUTH COMMERCIAL is pleased to present the 17th and Franklin St. portfolio, an exciting investment opportunity in Richmond’s rapidly revitalizing historic Shockoe Bottom neighborhood.
This rare offering, which makes up the hard corner of N. 17th St. and E. Franklin St., includes six (6) parcels spanning 0.256 acres and features approximately 13,565 SF of prime restaurant, office, and apartment space. The property’s corner is made up of five (5) parcels which include four (4) 2-story mixed use buildings in addition to a corner 3-story building, originally constructed between 1850 and 1924, all featuring highly visible ground floor restaurant and retail space with substantial frontage along the recently renovated 17th St Farmer’s Market.
The offering’s sixth parcel is a 15 car surface lot and is conveniently located across the street from the bulk of the properties at 1704 E Franklin. With flexible B-5 zoning, the 17th and Franklin portfolio offers a dynamic scaled investment opportunity with a range of long term redevelopment and strategic positioning options, all within walking distance to some of Richmond’s most highly recognized landmarks and most popular tourist destinations.
- Owner/occupant opportunity
- Redevelopment potential
- Off-street parking
PROPERTY DETAILS
| Units | 5 |
|---|---|
| Parcel ID | E0000108048, E0000108063, E0000108062, E0000108050, E0000130030, E0000108001 |
| Const. Materials | Masonry |
| Zoning Desc. | B-5 |
| Co-broker Fee | Yes |