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Mixed-Use Property Near VCU Campus
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415 W Grace St, Richmond, VA

Mixed-use property with restaurant and apartment near VCU.

Property Size3,509 SF
Lot Size0.07 Acres
Days on Market505

Property Features for 415 W Grace St

General Information

Standard status Active
Size 3,509 SF
Lot size 0.07 Acres
Property subtype MULTIFAMILY
Listing Agency: Cushman & Wakefield | Thalhimer - Corporate
Listed By: Reilly Marchant · License #0225213870
Source: Moodyscre
Added: Mar 19, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:03AM

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 Cushman & Wakefield | Thalhimer - Corporate

Investment Insights

Based on property information with market context.

This mixed-use property is located within walking distance of the VCU campus and adjacent to Parc View at Commonwealth, a new 509-bed student housing community. The property features a 1,544 square-foot restaurant tenant on a month-to-month lease. Additionally, there is a 1,965 square-foot apartment with 5 bedrooms and 2 bathrooms. The total property size is 3,509 square feet. The utilities are separately metered. This property presents a rare opportunity for an owner/occupant or investor.

Key Highlights

  • Walking distance from VCU campus
  • Rare VCU mixed‑use property
  • 1,965 SF - 5 bed / 2 bath apartment

Property Analytics

Current Use

Authentic African Braiding ... Hair Salon Grace Street Commercial ... Tour Operator Elegant Cuizines Restaurant Restaurant Buttermilk and Honey on Grace Restaurant

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with restaurant and apartment near VCU.
Where is this mixed-use property located?
The property is located at 415 W Grace St Richmond, VA.
What are key features of this property?
This property features: Walking distance from VCU campus; Rare VCU mixed‑use property; 1,965 SF - 5 bed / 2 bath apartment
(804) 837-1118 Call to check price and availability
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