Active

3230 W Grace St

Richmond VA, 23221

$1,230,000


$372.73 per sqft

Active

3,300 sqft

Commercial

Built in 1950

Nestled in the heart of Richmond's prestigious Museum District, 3230 W Grace Street offers an exceptional living experience. This charming property features six well-appointed 1-bedroom/1-bathroom apartments, each equipped with modern mini-split AC systems and the convenience of onsite laundry facilities. Strategically located at the corner of West Grace and Tilden, residents benefit from ample on-street parking as well as several dedicated off-street parking spaces. The property's prime location ensures high accessibility to the vibrant Scott's Addition, known for its plethora of restaurants and cafes, creating a lively and convenient lifestyle. Cultural enthusiasts will appreciate the proximity to two world-class museums, while commuters will find the GRTC Pulse just a few blocks away, providing seamless connectivity throughout the city. With a strong history of high occupancy and low tenant turnover, this property represents a stable and lucrative investment opportunity. The demand for such desirable apartments significantly exceeds supply, promising continuous appreciation in value. As the neighborhood continues to flourish, investing in 3230 W Grace Street guarantees a resilient and rewarding asset.

2417176

MLS ID

July 1, 2024

Listed

September 13, 2024

Updated

Map

3230 W Grace St
Richmond VA, 23221

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Level


Architectual Style

Garden Home


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

10 - Richmond


Garage

No


View

No


County

Richmond City


Water Source

Public


Pool

No

Listed by One South Commercial LLC, Justin Sledd, (804) 307-4060 

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 listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 9/13/2024

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