Listing Agency: @S.L. Nusbaum Realty Co Richmond

Listed By: Nathan Shor · License #VA 0225205935 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:18AM

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Investment Insights

Based on property information with market context.

This mixed-use property is positioned for adaptive reuse with a two-level configuration. The proposed concept places a restaurant on the main level and a residential living unit on the second floor.

The property is identified as a redevelopment opportunity, with the combination of commercial and residential uses forming the central planning concept.

Key Highlights

• Adaptive reuse redevelopment concept
• Two‑level building configuration
• Restaurant use proposed for the main level

Property Analytics

Property Profile

Current Use

Mexican Consular Agencies Government Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Pet Grooming Service Carpet & Flooring Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

3,563

Businesses Nearby

Explore this area Business Placement

Demographics for 23220, VA

36,942

Population

16,561

Households

2.2

Avg Household Size

27

Median Age

59%

College-Educated

94%

High-School Grad

4.8 sq mi

ZIP Area

7,696

Density / Sq Mi

$56,681

Median Household Income

$33,249

Median Earnings

$1,354

Median Rent

$468,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Redevelopment concept supports restaurant and residential uses within one building.

Where is this mixed-use property located?

The property is located at 402 W Grace St Richmond, VA.

What are key features of this property?

This property features: Adaptive reuse redevelopment concept; Two‑level building configuration; Restaurant use proposed for the main level