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For sale
Conventional restaurants
VA
Richmond
23220
417 W Grace Street

Mixed-Use Restaurant and Residential Building

417 W Grace Street, Richmond, VA 23220

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For Sale

$1,650,000

Renovated mixed-use property with NNN restaurant space and furnished-style residential interiors, positioned for steady tenant draw.

Type:General Commercial

Property size:

6,132 SF

Price / SF:

$269/SF

HighLights

Year built 2015; completely renovated in 2015 for updated mixed‑use living and dining spaces
Mixed‑use building with residential interiors and a dedicated commercial restaurant space
Central air and heat pump HVAC; heating includes 3 units
Residential kitchens include granite countertops, stainless‑steel appliances, and washers/dryers in all units
Restaurant space includes a 15' stainless hood, exhaust system, gas stove, large walk‑in refrigerator, grease trap, and sprinkler system
Restaurant lease is NNN with 3 years remaining

We can help!

Listing Contact

Susan Haas

Learn more

For Sale

$1,650,000

Renovated mixed-use property with NNN restaurant space and furnished-style residential interiors, positioned for steady tenant draw.

Type:General Commercial

Property size:

6,132 SF

Price / SF:

$269/SF

Added:: May 17, 2025
Days on Market:: 394
Last Refresh:: Jun 14 at 1:53 am

Property Features for 417 W Grace Street

General Information

Standard status: Active
Size: 6,132 SF
Property subtype: General Commercial

Building Details

Year Built: 2015

We can help!

Listing Contact

Susan Haas

Listing agent Susan Haas License #0225083094

Listing office HAAS Realty Group

Listing date May 17, 2025

Source Xome

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 HAAS Realty Group

HighLights

Year built 2015; completely renovated in 2015 for updated mixed‑use living and dining spaces
Mixed‑use building with residential interiors and a dedicated commercial restaurant space
Central air and heat pump HVAC; heating includes 3 units
Residential kitchens include granite countertops, stainless‑steel appliances, and washers/dryers in all units
Restaurant space includes a 15' stainless hood, exhaust system, gas stove, large walk‑in refrigerator, grease trap, and sprinkler system
Restaurant lease is NNN with 3 years remaining

Overview

This mixed-use building was completely renovated in 2015, combining historic character with modern upgrades designed for durable, comfortable living spaces. Residential units feature large windows, tall ceilings, exposed brick, and hardwood floors throughout. Kitchens are outfitted with granite countertops, stainless-steel appliances, and each unit includes a washer and dryer.

The property is located at 417 W Grace Street in Richmond, Virginia, described as being at VCU’s most prominent and innovative hub in a centrally located, pedestrian-oriented area. The offering notes walkability to campus, shops, restaurants, and mass transit.

The ground-floor commercial component is a restaurant space presented 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 is reported to have 3 years remaining. The property is offered as a fully occupied investment opportunity, and the seller indicates that up to 60% seller financing may be available.

Location Intelligence

Current Use by Public Records

NuVegan Cafe Restaurant

Suggested Use

Similar Places Nearby

Spice of India — 106 N 7th St, Richmond, VA 23219
Africanne on Main — 1102 W Main St, Richmond, VA 23220

Location Insight

Map
Local Demand

City: Richmond
County: Richmond City
State: Virginia
Longitude: -77.4469123
Latitude: 37.5471243

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For sale
Conventional restaurants
VA
Richmond
23220
417 W Grace Street

What type of property is this?

Conventional restaurant - Renovated mixed-use property with NNN restaurant space and furnished-style residential interiors, positioned for steady tenant draw.

Where is this conventional restaurant located?

The property is located at 417 W Grace Street Richmond, VA.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: Year built 2015; completely renovated in 2015 for updated mixed‑use living and dining spaces; Mixed‑use building with residential interiors and a dedicated commercial restaurant space; Central air and heat pump HVAC; heating includes 3 units