518-B Grace St Richmond, VA 23220
- Retail properties
- 1,120 SF
Current Use by Public Records
- Retail properties
Property Details for 518-B Grace St
- Property size
- 1,120 SF
- Property type
- Retail properties
Description
This exceptional 1,120-square-foot retail space is ideally situated in Richmond, Virginia's vibrant downtown core, at 518-B West Grace Street, at the corner of West Grace Street and North Belvidere Street. Its B-4 zoning allows for a variety of commercial uses. The property is a single-tenant space, currently vacant and ready for immediate occupancy. The storefront boasts a large, open floor plan perfect for showcasing merchandise or creating a welcoming atmosphere for customers. Adding to its functionality is a lower-level storage area, providing ample space for inventory or supplies. A private restroom is also included for the convenience of staff and customers. The location offers exceptional walkability, benefiting from its proximity to Virginia Commonwealth University's campus and the bustling Arts District, ensuring high foot traffic and visibility. This property presents a unique opportunity for businesses seeking a prominent location in a thriving urban environment. The address is 518-B West Grace Street, Richmond, VA 23220. The entire 1,120 square feet is currently vacant.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond
- State
- Virginia
- Longitude
- -77.4488
- Latitude
- 37.5493
