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Mixed-Use Property in The Fan

2603 W Grace St, Richmond, VA 23220

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For Sale

$618,000

Mixed-use building with apartments and office space in Richmond.

Type:Investment

Property size:

760 SF

Price / SF:

$813/SF

HighLights

Prime mixed‑use property in the Fan district, zoned R‑48.
Current rental income from two efficiency apartments ($1,050 and $1,100 monthly).
Versatile 760 sqft business office space (former dentist office) with conversion potential.
Convenient rear parking lot accommodating 6 vehicles.
Excellent location near Boulevard and Broad St.
High walk score (71) indicating a very walkable area.

We can help!

Listing Contact

Bryan Boykin

Learn more

For Sale

$618,000

Mixed-use building with apartments and office space in Richmond.

Type:Investment

Property size:

760 SF

Price / SF:

$813/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 5:47 pm

Property Features for 2603 W Grace St

General Information

Standard status: Active
Size: 760 SF
Property subtype: Investment

Building Details

Year Built: 1958

We can help!

Listing Contact

Bryan Boykin

Listing agent Bryan Boykin License #0225099053

Listing office ERA Woody Hogg and Asociates

Listing date Apr 24, 2026

Source Elliman

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 ERA Woody Hogg and Asociates

HighLights

Prime mixed‑use property in the Fan district, zoned R‑48.
Current rental income from two efficiency apartments ($1,050 and $1,100 monthly).
Versatile 760 sqft business office space (former dentist office) with conversion potential.
Convenient rear parking lot accommodating 6 vehicles.
Excellent location near Boulevard and Broad St.
High walk score (71) indicating a very walkable area.

Overview

This mixed-use property, zoned R-48, is located near the intersection of Boulevard and Broad St. It features two efficiency apartments, each approximately 380 sqft. One apartment generates a monthly rental income of $1,050, and the other generates $1,100 per month. There is also a business office space, formerly a dentist office, spanning around 760 sqft. The office space consists of six rooms and 2 half bathrooms. The office space has the potential for conversion into a third apartment or another business. A rear parking lot accommodates 6 vehicles. The bike score is 65, making it bikeable. The walk score is 71, indicating it is very walkable. The transit score is 40, suggesting some transit options are available.

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Richmond
County: Richmond City
State: Virginia
Longitude: -77.4186657
Latitude: 37.5300014

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For sale
Mixed-use properties
VA
Richmond
23220
2603 W Grace St

What type of property is this?

Mixed-use property - Mixed-use building with apartments and office space in Richmond.

Where is this mixed-use property located?

The property is located at 2603 W Grace St Richmond, VA.

What is the asking price?

The asking price for this property is $618,000.

What are key features of this property?

This property features: Prime mixed‑use property in the Fan district, zoned R‑48.; Current rental income from two efficiency apartments ($1,050 and $1,100 monthly).; Versatile 760 sqft business office space (former dentist office) with conversion potential.

2603 W Grace St, Richmond, VA 23220

Mixed-use building with apartments and office space in Richmond.

Property Features for 2603 W Grace St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Richmond Automotive Service Property

Richmond Industrial Cold-Storage Facility

Richmond Multifamily Investment Opportunity

Colonial Multifamily with Courtyard

Turnkey Multifamily with Heat Pumps

Historic Duplex With Two 4BR Units

New Construction Multifamily in Richmond

Richmond Duplex Near McGuire Center

Richmond Duplex: Leased Investment Opportunity

Two-Story Duplex on Corner Lot

Renovated Duplex in Richmond

Corner Commercial Building in Richmond

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