Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight