Search
2603 W Grace St, Richmond, VA, 23220
Mixed-Use Property in The Fan

2603 W Grace St Richmond, VA 23220

For Sale
$618,000

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

Property Size760 SF
Price / SF$813.16
Days on Market95

Property Features for 2603 W Grace St

General Information

Standard status
Active
Size
760 SF
Property subtype
Investment

Building Details

Year Built
1958
Listing Agency: ERA Woody Hogg and Asociates
Listed By: Bryan Boykin · License #0225099053
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 26 at 11:16AM

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


Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Florist Plumbing Service Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message