2603 W Grace St, Richmond, VA 23220

Sqft
1,518

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Listed byERA Woody Hogg & Assoc
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Square feet
1,518
Lot size (acres)
0.11
Year built
1958

Utilities

Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$6,168

Public schools

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Sourced from: Central Virginia Regional MLS MLS®#: 2601767 Last checked:

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.