219 Grace St Richmond, VA 23219

Property Details for 219 Grace St

Year built

1915

Construction

TYPE NOT SPECIFIED

Lot size

0.04 lot acres

Property size

2,923 SF

Zone code

B-4 CENTRAL BUSINESS

Property type

Investment properties

Property subtype

Live-work space

APN

W-000-0048-009

APU

W0000048009

Description

This exceptional commercial property, located at 219 Grace Street in Richmond, Virginia's vibrant Shockoe Bottom neighborhood, presents a unique investment opportunity. Currently configured as a six-unit group home, the property's flexible mixed-use zoning allows for a wide range of potential uses, catering to diverse business ventures. The building's existing layout offers immediate income potential, while the zoning flexibility opens doors to creative redevelopment and expansion. The strategic location within Shockoe Bottom ensures high visibility and accessibility, benefiting from the area's thriving atmosphere and foot traffic. This presents a rare chance to acquire a well-situated property with significant upside potential in a highly desirable Richmond location. The property is priced at $325,000, offering a compelling entry point into the Richmond commercial real estate market. Serious inquiries are encouraged to explore the full potential of this versatile property and its prime location. The property sits on a lot with zero acres. Further details regarding the square footage are available upon request. This is an excellent opportunity for investors seeking a strong return on investment in a dynamic and growing area. Don't miss this chance to secure a valuable asset in the heart of Richmond's historic Shockoe Bottom.

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Longitude

-77.4405

Latitude

37.5431

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments