- 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
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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