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Streetfront Retail and Restaurant
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18 E Grace St, Richmond, VA 23219

1,620 SF retail/restaurant space with high ceilings, natural light, and off-street parking with direct access.

Space Size1,620 SF
Days on Market100

Property Features for 18 E Grace St

General Information

Standard status Active
Size 1,620 SF
Class B
Property subtype retail

Site & Location

Neighborhood Mnwd

Amenities

high ceilings
natural light

Spaces For Lease

at 18 E Grace St
Available Space Apr 2026
Floor 1st
Size 1,620 SF
Type Retail
Term Negotiable
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Listing Agency: Richmond
Listed By: Gareth Jones · License #0225185865
Source: Property.jll
Added: Jul 16 Changed: Oct 12 Last Checked: Oct 23 at 3:26AM

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 Richmond

Rey
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Investment Insights

Based on property information with market context.

Now available for lease, this new construction retail and restaurant space totals 1,620 SF and fronts Grace Street. The space includes high ceilings and is designed for excellent natural light.

Off-street parking is available on-site with direct access. The tenant will be joining VPM in their new HQ in Richmond’s Arts District, with delivery anticipated in Q2 2026.

The premises are configured for a street-facing retail/restaurant concept and include parking convenience for patrons and staff.

Key Highlights

  • 1,620 SF retail/restaurant space available for lease at 18 E Grace St
  • New construction delivering Q2 2026
  • Retail/restaurant space fronts Grace Street

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,222
Businesses Nearby

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
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Market

Lease Benchmarks for Richmond, VA

$15.24 /SF/Yr
Avg Asking Price
$1.21–$28 /SF/Yr
Price Range
8,866 SF
Avg Space Size

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019
7.5% 2020
7% 2021
5.2% 2022
4.2% 2023
4.9% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 1,620 SF retail/restaurant space with high ceilings, natural light, and off-street parking with direct access.
Where is this retail space located?
The property is located at 18 E Grace St Richmond, VA.
What are key features of this property?
This property features: 1,620 SF retail/restaurant space available for lease at 18 E Grace St; New construction delivering Q2 2026; Retail/restaurant space fronts Grace Street
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