302 E Grace St - Storefront Retail/Residential FOR SALE


Richmond, VA 23219- City Center Richmond
$950,000 USD
804-307-4060
302 E Grace St, Richmond, VA for Sale
$950,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

302 E Grace St
Richmond, VA 23219
City Center Richmond


HIGHLIGHTS

  • Arts district gem
  • Beautiful historic renovation
  • Huge apartment
  • Leased commercial tenant with upside
  • Outdoor yard area
  • 2 units - 1 apartment + 1 commercial space

OVERVIEW

Incredible opportunity to own an absolute gem in the heart of the Arts District. The 2nd floor contains one huge two-bedroom two-bathroom apartment with soaring ceilings, exposed brick and abundant light. The first floor commercial space is occupied by several salon suites giving the purchaser instant income and the ability to re-tenant to a higher and better use in the future. The property would make an amazing live-work opportunity. The property is located within a block of some of Richmond’s favorite restaurants including Rappahannock, Perly’s and Juleps.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Use Duplex in the Arts District

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,098 SF

ZONING

B-4

APN/PARCEL ID

W000-0036-019

ASK ABOUT THIS PROPERTY

Justin SleddOne South CommercialMore Info
804-307-4060

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Justin SleddOne South CommercialMore Info
804-307-4060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.