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417 W Grace Street

RICHMOND, VA 23220
  • $1,900,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: VARC2000690
Price Reduced
UPDATED: 59 min ago
$1,900,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1919
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Haas Realty Group is pleased to offer 417 W. Grace St, 5-Unit Mixed-Use Investment Opportunity, positioned 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, granite countertops, stainless-steel appliances, exposed brick and beautiful hardwood floors throughout. 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 has 4 years remaining and the property is sold 'As Is"

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-07-17T22:53:17.697.
www.homesbynomis.com/homes/164424570
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417 W Grace Street RICHMOND, VA 23220

  • Price: $1,900,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 59 min ago
  • ID#: VARC2000690
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1919
Built
Neighborhood:
None Available
County:
Richmond City
Elementary School:
George Washington Carver
Middle School:
Albert Hill
High School:
Thomas Jefferson
School District:
Richmond City Public Schools
Property Description
Haas Realty Group is pleased to offer 417 W. Grace St, 5-Unit Mixed-Use Investment Opportunity, positioned 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, granite countertops, stainless-steel appliances, exposed brick and beautiful hardwood floors throughout. 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 has 4 years remaining and the property is sold 'As Is"
Exterior Features

Construction Materials BrickBlown-In InsulationCopper PlumbingCPVC/PVC Garage YN No Location Type Downtown Parking Types On Street Property Condition Very Good Road Responsibility City/County Road Surface Type Paved Roof Rubber Soil Types Unknown View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6132.00 Cooling Central A/C Flooring HardwoodLuxury Vinyl Plank Heating Central Heating YN Yes Net Square Feet 6132.00 Security Features Fire Detection SystemMonitoredSmoke DetectorSprinkler System - Indoor

Property Features

Acceptable Financing CashConventionalSeller Financing Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Cross Street Henry St Electric 3 Phases Elevators 0 Entry Level 1 Foundation Details Slab Heating Fuel Electric Historic YN No Hot Water Multi-tank Lease Considered YN No Navigable Water YN N Net Operating Income 91991.00 New Construction YN No Operating Expense 27113.00 Operating Expense Includes ElectricInsuranceManagement FeesPest ControlRepair/MaintenanceSewerWaterTrash Original MLSNumber 803899336034 Owner Pays Common Area MaintenanceInsuranceManagementPest ControlRepairsSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 13608.00 Total Actual Rent 91991.00 Transportation Bus Stop less than 1 mileAirport less than 10 milesCommuter Lots less than 5 milesCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Year Built Effective 2015 Zoning B4 Zoning Description Mixed-Use: Retail and Residential Uses

Listing courtesy of Haas Realty Group: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-07-17T22:53:17.697.
 
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Nomis Group International | eXp Realty
9864 Main St
Fairfax VA, 22031