903 W Grace Street, Richmond, VA 23220
- $925,000
- Sold Price
- $925,000
- List Price
- $1,060,000
- Days on Market
- 148
- Closing Date
- Apr 03, 2023
- MLS#
- CVR-2222514
- Status
- CLOSED
- Type
- Commercial
- Year Built
- 1920
- County
- Richmond City
- Region
- 10 - Richmond
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
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Additional Information
- Acres
- 0.10
- Roof
- Metal, Rubber
- Cooling
- Window Unit(s)
- Heating
- Forced Air, Natural Gas
Mortgage Calculator
Listing courtesy of Virginia Capital Realty. Selling Office: Virginia Capital Realty.
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