Richmond, VA 23220,903 W Grace ST
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Richmond, VA 23220,903 W Grace ST
Richmond, VA 23220,903 W Grace ST
Richmond, VA 23220,903 W Grace ST
Richmond, VA 23220,903 W Grace ST

$925,000

Est. payment /mo

$1,060,000

12.7%
Est.Price: ?

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903 W Grace ST Richmond, VA 23220

5,500 SqFt

SOLD DATE : 04/03/2023

Key Details

Sold Price $925,000

Property Type Commercial

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $168

MLS Listing ID 2222514

Sold Date 04/03/23

Style Garden Home

Construction Status Approximate

HOA Y/N No

Year Built 1920

Lot Size 4,268 Sqft

Acres 0.098

Lot Dimensions 4290

Property Sub-Type Townhouse

Property Description

This is an AMAZING OPPORTUNITY to own a a beautiful and historic easy income maker which is a MULTI-FAMILY with THRIVING RESTAURANT, MIXED USE COMMERCIAL building in the Heart of VCU. Beautiful architectural features adorn this stately All Brick space including hardwoods, wrought iron eaves and cornices, high ceilings, hand crafted fireplace mantles, gorgeous balustrade, 12 ft glass doors, and a really cool vintage turn-of-the-century mail box. A NEW ROOF (rubber, laid over with metal) and gutters were installed this past year as well as a NEW TANKLESS GAS WATER HEATER.
There are currently 4 residential units that could be augmented, and a Restaurant space with patio. 903 is in an Enterprise Zone and has potential historic tax credits. Back and front gates are secured. Some parking in the back, and on the street.
ALL Offers and Letters of Intent will be Reviewed by Seller. Seller potentially willing to finance up to 250K

Location

State VA

County Richmond City

Area 10 - Richmond

Direction Grace St across from the VCU book store.

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Exterior

Roof Type Metal,Rubber

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 3

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories Three Or More

Structure Type Brick

Construction Status Approximate

Others

Tax ID W000-0468-017

Ownership Investment,Owner-User

Financing Conventional

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Central Virginia Regional MLS (CVR MLS)
Listed by Virginia Capital Realty
Bought with Virginia Capital Realty
agent

Beth Baldwin

Associate Broker, REALTOR® | License ID: 0225076137

+1(804) 337-6728

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