$1,437,500
$1,650,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
417 W Grace ST Richmond, VA 23220
6,132 SqFt
Key Details
Sold Price $1,437,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,132 sqft
Price per Sqft $234
MLS Listing ID 2514699
Sold Date 09/11/26
Construction Status Renovated
HOA Y/N No
Year Built 2015
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Fully Occupied Mixed-Use Investment Opportunity, at VCU's most prominent and innovative hub, and centrally located in a vibrant, pedestrian-oriented location, walking distance to campus, shops, restaurants and mass transit. The building was completely renovated in 2015, blending historic charm with modern upgrades, making for comfortable and durable living spaces, that feature large windows, tall ceilings, exposed brick and beautiful hardwood floors throughout All kitchens feature granite countertops, stainless-steel appliances and washers and dryers in all units. There is opportunity to add value and increase rental income, as this location continues to grow. 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 is NNN and has 3 years remaining. Up to 60% Seller Financing is Available.
Location
State VA
County Richmond City
Area 10 - Richmond
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Fence None
Roof Type Rubber
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Building Description Brick, Multi-Tenant,No Elevators
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
Construction Status Renovated
Others
Tax ID W000-0214-004
Ownership Investment
Financing Cash
Read Less
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Bought with Compass
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