VA
Richmond City
Richmond
23219
422 E Franklin Street
422 E Franklin Street, Richmond, VA 23219
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Listing Type
Commercial/Industrial
Listing Status
pending
24
$2,800,000

Home Details for 422 E Franklin Street

Price
$2,800,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1923
Lot size acres
0.26
County
Richmond City
Garage
Days on site
7
MLS Listing#
2526872
Property Description

REDEVELOPMENT OPPORTUNITY in downtown Richmond. Since it was built in 1923 for the Imperial Tobacco Co., this three-story, 23,187 SF office building has been a distinguished landmark of the cityscape. Clad in limestone with grand Neoclassic entrances, the Imperial Building anchors a prominent corner across from the stately Hotel John Marshall and is blocks from the State Capitol and the Riverfront. Winner of a Golden Hammer Award for its 2002 renovation, the building is home to the legendary Richmond Free Press and various businesses but is ready to be reimagined as a residential or mixed-use property. Historic Tax Credit and Enterprise Zone incentives are available. Each floor is approximately 7,729 SF with high ceilings, large windows and abundant natural light. The main level has a lobby extending front to rear with parking below. The second floor has impressive wood-paneled executive offices with fireplaces, a board room, conference rooms, offices and break room. The third floor has spacious suites and storage. Rich in history, the Imperial Building helps tell the story of the global tobacco trade during the Gilded Age and advocacy for Civil Rights in the former Confederate Capital.

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Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Heat Pump
  • Water Features
    • Public
Listing Courtesy: Long & Foster REALTORS - 804-288-8888
Presented by: Jennie Dotts
Central Virginia Regional MLS logo 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 Copyright © 2025 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2025-10-24 23:00:34
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EXIT REALTY SUCCESS
605 Research Rd. Suite E., North Chesterfield, VA 23236
Jane Renger
Franchisee
Office
804 924 2171
Agent
804 397 9796
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