Not Disclosed Richmond, VA
$ 3,450,000
Property Attributes
  • MLS#2032770
  • TypeCommercial
  • CityRichmond
  • Area10 - Richmond
  • Zip23219
  • Style
  • Price$ 3,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14624
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Thomas E Rosman with One South Realty Group, LLC.
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.

Price History
10/26/2020 Listed $3,450,000

General Features

Construction Materials Brick
Cooling Central Air
MLS Area 10 - Richmond
Property Type Commercial Sale
PropertyCondition Very Good Condition
Roof Other
Sewer Sanitary
Stories 3
Topography Level

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Lot Features Level
Lot Size Acres 0.11
Lot Size Area 0.11
Lot Size Units Acres
Road Frontage Type City Street
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 23219

AVG $1.38M
AVG 70
Year Built
AVG 1927

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