417 W Grace St

417 W Grace St, Richmond, VA 23220

Property Information

  • For Sale $1,650,000
  • Property Type Multi-Family
  • Property Size 6,132 SF
  • Units 5
  • Lot Size 0.07 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1919
  • Year Renovated 2015
  • Date Updated May 15, 2026

Description

Located just off I-64 apr 300 feet to the new VCU Arts & Innovation Center and VCU campus, in a vibrant, pedestrian-oriented location, within walking distance to VCU Campus 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, and with a view of the VCU Engineering Building.BACK ON THE MARKET 5-Unit Investment Opportunity at VCU's newest, most innovative center now under construction, centrally located in a vibrant, pedestrian-oriented location, walking distance to campus, shops, restaurants and mass transit. The building interior was fully built out in 2015, with 1st floor restaurant and 4 apartments on the 2nd and 3rd levels, 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. 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 2.5 years remaining and the property is sold 'As Is"

Highlights

  • Fully Occupied
  • Mixed-Uses: 4 Apartments and Restaurant
  • Part Seller-Financing Available
  • Prime VCU Location

Contacts

Susan Haas, MURP

Haas Realty Group

Location

Located at 417 W Grace St, Richmond, VA 23220, this property is part of the Monroe Ward neighborhood and Richmond Tidewater market.

Contact Listing Broker
Susan Haas, MURP

Haas Realty Group

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.