Property Description

Positioned prominently at the corner of 5th and East Franklin Street in the heart of downtown Richmond, The Imperial Building at 422 E. Franklin Street represents a rare opportunity to lease space in one of the city's most architecturally distinctive historic office buildings. Originally constructed in 1923, this three-story, 21,842 square foot asset showcases striking Art Deco design elements, high ceilings, and a commanding facade that offers both presence and prestige just steps from the Capitol complex and the city's core business and legal districts. Formerly the headquarters of the Richmond Free Press, the property carries a rich legacy that further enhances its character and story. Ideally situated directly across from The John Marshall and Moxy Richmond Downtown, the building is surrounded by some of Richmond's most vibrant hospitality and dining destinations, including Penny Lane Pub, Buttermilk and Honey, and Rappahannock Restaurant-all within a short walk-creating an amenity-rich, highly walkable environment for tenants and clients alike. Ownership is planning a comprehensive renovation that will thoughtfully restore the building's historic grandeur while integrating modern systems and amenities to meet today's office standards. The second floor stands out as a truly exceptional offering, featuring floor-to-ceiling wood-paneled offices that evoke a timeless, 'Mad Men'-style aesthetic-perfectly suited for executive or C-suite occupancy. Available spaces range from approximately 6,960 square feet to the full 21,842 square feet, with a full-floor minimum, allowing for flexibility while maintaining exclusivity. The building is elevator-served and includes the rare advantage of basement garage parking, providing both convenience and accessibility in a premier downtown location. With its combination of irreplaceable architecture, premier location, and planned modernization, the Imperial Building presents an outstanding opportunity or a company seeking a distinctive and highly visible headquarters presence.

Property Features