Downtown Richmond Creative Office
For Lease
$4,880/Mo
424 E Grace St, Richmond, VA 23219
Turn-key, historic creative office space in downtown Richmond.
Space SizeContact for details
Days on Market140
Property Features for 424 E Grace St
General Information
Standard status
Active
Building Details
Year Built
1928
Listing Agency:
One South Commercial LLC
Listed By:
Ann Schweitzer · License #0225211714
(434) 981-3146
Source:
Ruckartre
Added: Apr 24
Changed: Sep 4
Last Checked: Sep 9 at 10:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial LLC
Investment Insights
Based on property information with market context.
Located in downtown Richmond, this two-story mixed-use building offers a second-floor, turn-key, historic creative office space. Situated at the corner of E Grace Street and 5th Street, the building features a glass line and architectural details. The location is walkable to destinations such as The National, Dominion Energy Center, and the Convention Center, as well as restaurants including Rappahannock, Lillie Pearl, Julep’s, and Secret Sandwich Society. The second floor, formerly a retail banking location for SunTrust, was recently renovated and includes a floor plan with 8 to 9 perimeter private offices encompassing a large open collaborative space. The space is suitable for uses ranging from the headquarters of an architectural firm to an art gallery to a nonprofit. The location is near interstates, parking garages, and mass transit. The bike score is 89, indicating it is very bikeable. The walk score is 83, indicating it is very walkable. The transit score is 63, indicating good transit.
Key Highlights
- Prime downtown Richmond location at the corner of E Grace and 5th St, offering high visibility and foot traffic.
- Recently renovated, turn‑key 2nd‑floor historic creative office space.
- Dynamic floor plan with 8‑9 private offices and a large open collaborative space.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
8,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 23219, VA
5,307
Population
3,488
Households
1.5
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
1.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$62,533
Median Household Income
$46,509
Median Earnings
$1,439
Median Rent
$287,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Richmond, VA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Creative space - Turn-key, historic creative office space in downtown Richmond.
Where is this creative space located?
The property is located at 424 E Grace St Richmond, VA.
What is the lease rate?
The lease rate is $4,880/Mo.
What are key features of this property?
This property features: Prime downtown Richmond location at the corner of E Grace and 5th St, offering high visibility and foot traffic.; Recently renovated, turn‑key 2nd‑floor historic creative office space.; Dynamic floor plan with 8‑9 private offices and a large open collaborative space.
