Property is currently being used as a six unit group home but with the mix use zoning you will have lots of other options if you wanted! Great Shockoe Bottom location!
This fabulous art deco building is home to the iconic Perly’s Delicatessen who has a NNN lease on the property. Located in the heart of the Grace Street Commercial Historic District, next door to Stella’s market, this property serves as a vibrant hub for both locals and visitors. This is a generational opportunity to own one of Richmond’s architectural and cultural landmarks. About Perly’s: Perly's is a beloved Jewish delicatessen known for its traditional deli fare and vintage diner ambiance. Established in 1961, this historic eatery offers a menu featuring a variety of Jewish and Eastern European dishes. The deli's nostalgic decor, friendly staff, and a menu that captures the essence of classic Jewish comfort food create a cozy and inviting atmosphere for locals and tourists alike. It has been featured on Diner’s, Drive-ins and Dives on the Food Network and is currently ranked as one of Yelp’s Top 100 Restaurants in the US.
The property sits on the prominent corner of 5th and E Cary Street in Richmond’s Monroe Ward, adjacent to the Central Business District. Built in 1844, this is one of the oldest structures in Richmond. The buildings are constructed of brick with a stucco overlay. The main building consists of 6,348 square feet over three floors. With high ceilings, beautiful winding staircases, large rooms, huge windows, and many original architectural features, the space would make perfect offices for attorneys, financial planners, family offices, architectural firms, or any creative type of use. The two-story carriage house adds another 1,650 square feet and could be used for a separate business or Airbnb, bringing in rent to the owner. This is a truly unique building that would be a great statement for any business or investor.
5 contiguous lots in Historic Jackson Ward. The properties are in an up and coming area of Jackson Ward close to the Saint Lukes Building, which has been a wonderful success in the revitalization of the area. These lots are located on 1st st. between Charity and Federal Street are close to VCU, VUU and the CBD and offer the potential for a high profile apartment or mixed use development. Jackson Ward is projected to be reconnected and revitalized in the Cities 2030 plans and is sure to be a success and add to the rebirth of the Downtown Richmond area.
Welcome to 424 E Grace Street in Richmond, VA, a stunning historical building dating back to 1928. With the recent signing of a lucrative ten-year NNN lease covering both the first floor and basement, 424 E Grace emerges as a prime investment opportunity for both seasoned investors and prospective owner-occupants alike. Boasting a fully outfitted and easily accessible second floor, tailored to suit the needs of a new office tenant, this property stands ready to accommodate various business ventures. Its existing finishes coupled with favorable B-4 zoning present a multitude of avenues for maximizing returns, including several redevelopment possibilities. Moreover, it is primed for immediate occupancy by an owner-user, with minimal build-out requirements. Spanning nearly 11,000 square feet and strategically situated on a corner lot, the location remains an enticing prospect for retail or office purposes. With a range of highly reputed restaurants and cafes just steps away, the location of 424 E Grace Street is a bustling area one block south of Richmond’s iconic Broad St. Enjoy the convenience of being on the doorstep of popular establishments like Lillie Pearl, Wong Gonzales, Secret Sandwich Society, Rappahannock, and Buttermilk & Honey. The property is also walking distance to performing arts centers such as, The National and Dominion Energy Center. East Grace Street has undergone a transformation in recent years, with a wave of new development that has transformed the area into a vibrant and bustling neighborhood. The property sits prominently at the corner of N 5th St and E Grace St, making it a highly visible location with a stately architectural profile and glass line. The street is considered to be very walkable, with a range of amenities within easy reach.
The median home value in Richmond, VA is $327,100. This is higher than the county median home value of $316,300. The national median home value is $338,100. The average price of homes sold in Richmond, VA is $327,100. Approximately 38.89% of Richmond homes are owned, compared to 50.77% rented, while 10.35% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Virginia 23219 has a population of 225,676. Richmond 23219 is more family-centric than the surrounding county with 22.4% of the households containing married families with children. The county average for households married with children is 19.89%.
The median household income in Richmond, Virginia 23219 is $54,795. The median household income for the surrounding county is $54,795 compared to the national median of $69,021. The median age of people living in Richmond 23219 is 34.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11 inches of snow per year.