417 W Grace ST, Richmond, VA 23220
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417 W Grace ST, Richmond, VA 23220
417 W Grace ST, Richmond, VA 23220
417 W Grace ST, Richmond, VA 23220
417 W Grace ST, Richmond, VA 23220
Erin Dawson
Erin Dawson

Broker Associate

+1(804) 332-0992

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$ 1,437,500

$ 1,650,000 12.9%

Est. payment /mo
Sold on 09/11/2026

417 W Grace ST Richmond, VA 23220

6,132 SqFt

UPDATED:

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

Central Virginia Regional MLS (CVR MLS)
Listed by HAAS Realty Group
Bought with Compass

NEARBY SCHOOLS & PROPERTIES

Erin Dawson

Erin Dawson

Broker Associate

+1(804) 332-0992

GET MORE INFORMATION

Name
Phone*
Message

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417 W Grace ST