$1,060,000
903 W Grace St, Richmond, VA 23220
0 Beds
0 Baths
5,500 SqFt

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This is an AMAZING OPPORTUNITY to own a a beautiful and historic easy income maker which is a MULTI-FAMILY with THRIVING RESTAURANT, MIXED USE COMMERCIAL building in the Heart of VCU. Beautiful architectural features adorn this stately All Brick space including hardwoods, wrought iron eaves and cornices, high ceilings, hand crafted fireplace mantles, gorgeous balustrade, 12 ft glass doors, and a really cool vintage turn-of-the-century mail box. A NEW ROOF (rubber, laid over with metal) and gutters were installed this past year as well as a NEW TANKLESS GAS WATER HEATER. There are currently 4 residential units that could be augmented, and a Restaurant space with patio. 903 is in an Enterprise Zone and has potential historic tax credits. Back and front gates are secured. Some parking in the back, and on the street. ALL Offers and Letters of Intent will be Reviewed by Seller. Seller potentially willing to finance up to 250K
  • Price:
  • $1,060,000
  • Square Footage:
  • 5,500
  • Acreage:
  • 0.10
  • Year Built:
  • 1920
  • Listing ID #:
  • 2222514
  • Street Address:
  • 903 W Grace St
  • City:
  • Richmond
  • State:
  • Virginia
  • Postal Code:
  • 23220
  • County:
  • Richmond City
  • Community:
  • 10 - Richmond
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Good Condition
  • Construction Description:
  • Brick
  • Leasable Square Feet:
  • 5500
  • Number Of Floors In Unit:
  • Three Or More
  • Stories:
  • 3
  • Stories:
  • 3
  • Total Building Square Footage:
  • 5500
  • Type Of Roof:
  • Metal, Rubber
  • Year Built:
  • 1920
  • Year Built Description:
  • Approximate
  • Lot Features:
  • Level
  • Lot Size:
  • 0.098
  • Road Frontage Type:
  • City Street
  • Suitable Use:
  • Multi-Family, Office, Restaurant, Retail
  • Topography:
  • Level
  • Zoning Description:
  • B4
  • Days On Market:
  • 106
  • Originating Mls:
  • Cvr
  • Previous Listing Price:
  • 1150000
  • Total Rooms:
  • 15
  • Cooling System:
  • Window Unit(s)
  • Existing Water:
  • Public
  • Heating:
  • Forced Air, Natural Gas
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Rebecca D'Angelo with Virginia Capital Realty
  • VACENTRAL

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