421 E Franklin Street, Richmond, VA 23219

$3,450,000
14,624
SqFt
List Price
$3,450,000
Days on Market
35
MLS#
CVR-2032770
Status
ACTIVE
Type
Commercial
Year Built
1927
County
Richmond City
Region
10 - Richmond

Property Description

For sale is 421 E Franklin St in Downtown Richmond. Well known to many locals and visitors as the French Quarter Building, it is one of the most recognizable properties in Downtown from its intricate wrought iron railings adorning the balconies of the upper levels. The commercial tenant is Penny Lane Pub which is perhaps Richmond’s best-known and most-loved English pub. Penny Lane Pub is a long-term, stable tenant of the building and occupies 7,200 SF. (Note: this listing does not include the sale of the restaurant) In addition to the commercial space, ten residential units comprise the upper levels. With a total leasable area of 7,424 SF, these units were renovated in 2019 and are configured as six one-bedroom units and four two-bedroom units. Each unit features high-grade finishes and outstanding views of the Downtown from large windows and wrought iron railed balconies.

Additional Information

Acres
0.11
Living Area
14,624
Roof
Other
Cooling
Central Air

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of One South Realty Group, LLC.

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