$599,950
 $3,221 est/mo Sourced by Back At You

2603 W Grace St,Richmond, VA 23220

Richmond, VA 23220

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Description

Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 vehicles, accessibility is a breeze for both tenants and clients. Don't miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

Details

MLS #2601767
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1958
Days On Site275
Listing Provided ByERA Woody Hogg & Assoc | Bryan Boykin

Features

SQ Feet1,518
Story(s)1
Units3
ZoningR-48
Acreage0.11

Interior

Interior FeaturesBedroom On Main Level
AppliancesGas Water Heater

Exterior

Exterior FeaturesAwnings, Lighting, Storage, Shed
RoofMetal, Shingle
Construction MaterialsBrick, Drywall, Frame, Plaster

Parking

Garage Yes / NoNo
Parking FeaturesAlley Access, Off Street

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount6168

Area Information

StateVA
CountyRichmond City
CityRichmond
Zip Code23220
Area10 Richmond
Listing VS Median (in 23220)
Price:
$599,950
low | high
Med:
$489,925
68.339028252354% of Average
sqft:
1,518
low | high
Med:
2,509
15.283267457181% of Average
$ / sqft:
$395
low | high
Med:
$231
91.461928970271% of Average
On site:
275
low | high
Med:
561.5
48.975957257346% of Average
Sourced by Back At You

Market Activity 23220

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Additional Information

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Learn More About This Property

Upton Realty

Upton Realty

 (757) 650-0286admin@uptonrealtyllc.com
StateVA
CountyRichmond City
CityRichmond
Zip Code23220
Area10 Richmond
Listing VS Median (in 23220)
Price:
$599,950
low | high
Med:
$489,925
68.339028252354% of Average
sqft:
1,518
low | high
Med:
2,509
15.283267457181% of Average
$ / sqft:
$395
low | high
Med:
$231
91.461928970271% of Average
On site:
275
low | high
Med:
561.5
48.975957257346% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $449K - $749K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
2931 W Leigh St Property Photo 1
$485,000
2931 W Leigh St
Richmond, VA 23230
Listing Updated: October 22, 2026 at 8:44:07 AM PDT

Upton Realty LLC

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