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424 E Grace Street

Richmond, VA 23219
  • $1,300,000
  • STATUS: Active
  • ON SITE: 371 Days
  • MLS #: 2303990
UPDATED: 65 min ago
$1,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Description

This property offers a unique opportunity for a redevelopment into a mixed-use property with potential for commercial space with retail frontage on the first floor and apartments on the second floor. With a total of 7,320 square feet on the first and second floors and a finished basement level of an additional 3,660 square feet, the options for this property are endless. The property's current finishes and desirable B-4 zoning allow for a number of stabilization strategies including multiple iterations of a full redevelopment as a mixed-use asset with a multifamily component or an equally attractive property was previously in use as a retail bank location and as creative office and is potentially in "move-in ready" condition based on an owner occupant's build-out needs. With a range of highly reputed restaurants and cafes just steps away, the location of 424 E Grace Street is a bustling area one block south of Richmond's iconic Broad St. Enjoy the convenience of being on the doorstep of popular establishments like Lillie Pearl, Wong Gonzales, Secret Sandwich Society, Rappahannock, and Buttermilk & Honey.

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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is 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. Data last updated: 2024-02-29T15:57:22.527.
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424 E Grace Street Richmond, VA 23219

  • Price: $1,300,000
  • Status: Active
  • On Site: 371 Days
  • Updated: 65 min ago
  • MLS #: 2303990
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1928
Built
Neighborhood:
10 - Richmond
County:
Richmond City
Area:
10 - Richmond
Property Description
This property offers a unique opportunity for a redevelopment into a mixed-use property with potential for commercial space with retail frontage on the first floor and apartments on the second floor. With a total of 7,320 square feet on the first and second floors and a finished basement level of an additional 3,660 square feet, the options for this property are endless. The property's current finishes and desirable B-4 zoning allow for a number of stabilization strategies including multiple iterations of a full redevelopment as a mixed-use asset with a multifamily component or an equally attractive property was previously in use as a retail bank location and as creative office and is potentially in "move-in ready" condition based on an owner occupant's build-out needs. With a range of highly reputed restaurants and cafes just steps away, the location of 424 E Grace Street is a bustling area one block south of Richmond's iconic Broad St. Enjoy the convenience of being on the doorstep of popular establishments like Lillie Pearl, Wong Gonzales, Secret Sandwich Society, Rappahannock, and Buttermilk & Honey.
Exterior Features

Construction Materials Block Levels Two Lot Features Level Road Frontage Type City Street Roof Flat Topography Level

Interior Features

Basement YN No Building Area Total 10980 Cooling Central Air Cooling YN Yes

Property Features

Buyer Agency Compensation 3.00 Lease Considered YN No Property Condition Good Condition Sewer Public Sewer Water Source Public Zoning Description B-4

Central Virginia Regional MLS logo Listing provided by One South Commercial LLC: (804) 353-0009. Listing information © 2024 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is 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. Data last updated: 2024-02-29T15:57:22.527.
 
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Marc Austin Properties at EXIT First Realty
11207 Nuckols Road, Suite E
Glen Allen VA, 23059