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416 E Grace St
Richmond, VA 23219
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Top of the Line Historic Rehab Completed in 2011
  • New Restaurant Lease in Place Through 12/31/2025
  • Located in the Heart of Downtown’s Restaurant Row
  • 100% Historical Occupancy of Apartments Since Completion
  • Exceptional Ceiling Heights and Storefront Windows Provide Abundance of Natural Light
  • Walking Distance from Convention Center, Hotels and Many of Richmond’s Historic Attractions

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.10 AC
Building Size 12,256 SF
No. Stories 3
Year Built/Renovated 1923/2011
Zoning B-4

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
W000-0025-018
Land Assessment
$264,000
Improvements Assessment
$1,429,000
Total Assessment
$1,693,000
  • Listing ID: 21765669

  • Date on Market: 12/15/2020

  • Last Updated:

  • Address: 416 E Grace St, Richmond, VA 23219

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