417 W GRACE ST new to site Save Request In-Person Tour Request Virtual Tour
Richmond,VA 23220
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,132 sqft
Price per Sqft $342
Subdivision None Available
MLS Listing ID VARC2000690
Year Built 1919
Available Date 2025-06-06
Annual Tax Amount $13,608
Tax Year 2025
Lot Size 2,873 Sqft
Property Sub-Type Mixed Use
Property Description
Fully Occupied Mixed-Use Investment Opportunity at the "Gateway to Richmond", just off I-64 within steps of the VCU campus, in a vibrant, pedestrian-oriented location, located at the Costar Center for Arts, a 212,000-square-foot innovation hub currently under construction, with studios, galleries, performance centers, and collaborative workspaces, fostering a marketplace of diversity and innovation, at VCU's Institute for Contemporary Arts, The property features three 1-bedroom, 1-bath apartments, one 2-bedroom, 2-bath apartment, and 2450sf commercial space. It was completely renovated in 2015, blending historic charm with modern upgrades. The commercial restaurant space is in excellent condition and equipped with a 15' stainless hood, exhaust system, gas stove, large walk-in refrigerator, grease trap, and sprinkler system. The restaurant lease has 4 years remaining and the property is sold 'As Is",
Location
State VA
County Richmond City
Zoning B4
Interior
Hot Water Multi-tank
Heating Central
Cooling Central A/C
Flooring Hardwood,Luxury Vinyl Plank
Exterior
Water Access N
View Street
Roof Type Rubber
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools George Washington Carver
Middle Schools Albert Hill
High Schools Thomas Jefferson
School District Richmond City Public Schools
Others
Acceptable Financing Cash,Conventional,Seller Financing
Listing Terms Cash,Conventional,Seller Financing
Special Listing Condition Standard