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4312 Grove Ave
Richmond, VA 23221
Office Property For Sale
Investment Highlights
- Corner-lot property positioned between the Libbie & Grove corridor and Carytown, offering exceptional connectivity to some of Richmond’s most desirabl
- Multiple development concepts available, including townhomes and multifamily layouts requiring a Special Use Permit, offering strong future upside pot
- Walkable to upscale retail, dining, and boutique amenities with immediate access to the Fan District, VMFA area, and Libbie & Grove shops
- Strong surrounding demographics with high household incomes and a dense daytime population supporting both residential and office demand
Executive Summary
Exceptional Opportunity on a 0.59 Acre. Corner Lot: 3,560 SF Office Building with Ample Parking, Nestled Between Libbie & Grove and Carytown.
The existing structure lends well for a traditional office user, or potential medical office user, with abundant off-street parking. This strategic location offers unparalleled
convenience, nestled near the vibrant Libbie & Grove neighborhoods, known for their charm and diverse amenities, as well as proximity to Carytown and the Fan District. Benefit from easy access to shopping, dining, and quick connectivity to I-195.
The existing structure lends well for a traditional office user, or potential medical office user, with abundant off-street parking. This strategic location offers unparalleled
convenience, nestled near the vibrant Libbie & Grove neighborhoods, known for their charm and diverse amenities, as well as proximity to Carytown and the Fan District. Benefit from easy access to shopping, dining, and quick connectivity to I-195.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
3,560 SF
Building Class
C
Year Built
1964
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,560 SF
Building FAR
0.14
Lot Size
0.58 AC
Zoning
RO-2
Parking
18 Spaces (5.06 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | W019-0281-021 | Improvements Assessment | $313,000 |
| Land Assessment | $933,000 | Total Assessment | $1,246,000 |
Property Taxes
Parcel Number
W019-0281-021
Land Assessment
$933,000
Improvements Assessment
$313,000
Total Assessment
$1,246,000
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