417 W Grace Street, Richmond, VA 23220

Property Description

Fully Occupied Mixed-Use Investment Opportunity, at VCU's most prominent and innovative hub, and centrally located in a vibrant, pedestrian-oriented location, walking distance to campus, shops, restaurants and mass transit. The building was completely renovated in 2015, blending historic charm with modern upgrades, making for comfortable and durable living spaces, that feature large windows, tall ceilings, exposed brick and beautiful hardwood floors throughout All kitchens feature granite countertops, stainless-steel appliances and washers and dryers in all units. There is opportunity to add value and increase rental income, as this location continues to grow. The commercial restaurant space is in excellent condition and equipped with a 15' stainless hood, exhaust system, gas stove, large walk-in refrigerator, grease trap, and sprinkler system. The restaurant lease is NNN and has 3 years remaining. Up to 60% Seller Financing is Available.