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Address Not Available By Request

Richmond, VA 23219
  • $2,500,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 2125629
UPDATED: 49 min ago
$2,500,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Description

306 E Grace Street is a strongly performing multi-family asset located in the heart of Richmonds Central Business District. Built in 1928 and redeveloped in 2014, this property is fully leased and comprises 11 apartments and 1,500 SF of ground floor commercial space.The apartments feature updated appliances, granite countertops, and hardwood floors, while the commercial space boasts large display windows, high ceilings, and natural light perfect for a creative office or retail storefront.306 E Grace Sts prime location offers an investor the chance to lease to three different tenant profiles: Young Professionals (working in the CBD or State Capital), Healthcare Tenants (Medical school students, nurses, and hospital staff), and VCU Graduate Students.With a walk score of "97, 306 E Grace St is within walking distance of the largest employers and demand generators for downtown Richmond including the State Capital and office buildings, MCV/VCU Health campus and medical school, VCUs Monroe Park campus, headquarters for many of the regions largest companies, and a myriad of local businesses, restaurants, cafes, galleries, retail stores, theaters, and gourmet markets.

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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 © 2021 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: 2021-10-16T21:57:14.03.
www.thervagroup.com/homes/120564338
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Address Not Available By Request Richmond, VA 23219

  • Price: $2,500,000
  • Status: Active
  • Updated: 49 min ago
  • MLS #: 2125629
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1928
Built
Neighborhood:
10 - Richmond
County:
Richmond City
Area:
10 - Richmond
Property Description
306 E Grace Street is a strongly performing multi-family asset located in the heart of Richmonds Central Business District. Built in 1928 and redeveloped in 2014, this property is fully leased and comprises 11 apartments and 1,500 SF of ground floor commercial space.The apartments feature updated appliances, granite countertops, and hardwood floors, while the commercial space boasts large display windows, high ceilings, and natural light perfect for a creative office or retail storefront.306 E Grace Sts prime location offers an investor the chance to lease to three different tenant profiles: Young Professionals (working in the CBD or State Capital), Healthcare Tenants (Medical school students, nurses, and hospital staff), and VCU Graduate Students.With a walk score of "97, 306 E Grace St is within walking distance of the largest employers and demand generators for downtown Richmond including the State Capital and office buildings, MCV/VCU Health campus and medical school, VCUs Monroe Park campus, headquarters for many of the regions largest companies, and a myriad of local businesses, restaurants, cafes, galleries, retail stores, theaters, and gourmet markets.
Exterior Features

Construction Materials Brick Lot Features Level Road Frontage Type City Street Roof Other Topography Level

Interior Features

Basement YN No Building Area Total 16016 Cooling Central Air Cooling YN Yes

Property Features

Property Condition Good Condition Sewer Sanitary Water Source Public Zoning Description B-4

Listing courtesy of One South Realty Group, Llc. Listing information © 2021 CVRMLS and CBRAR.


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 © 2021 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: 2021-10-16T21:57:14.03.
 
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The RVA Group Realty
2930 W Broad St, Suite E
Richmond VA, 23230