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1524 Grove Avenue, Richmond, VA 23220

$975,000
  • 1524 Grove Avenue, Richmond, VA 23220 Main Photo

35 Photos

Active
MLS#2622401
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Welcome to a Fantastic Fan investment opportunity! This five-unit building, complete with a 2-car garage, backs directly up to Lombardy Market (home to some of the BEST deviled eggs you'll find anywhere!) and puts you within walking distance of VCU and everything the Historic Fan District has to offer. 100% occupied and consistently in demand, this property has experienced few, if any, vacancies over the years. The units have been thoughtfully updated, making this an attractive, turn-key investment in one of Richmond's most desirable and walkable neighborhoods. Forget Bitcoin-this is an investment you can see, touch and feel. And every time you drive by, you're going to smile and say, 'YES!' Opportunities like this don't come along often. Five units. Two-car garage. Prime Fan location. Strong rental history. What's not to love?

1524 Grove Avenue | MLS# 2622401

This commercial property located at 1524 Grove Avenue, Richmond, VA 23220 is currently listed for sale with an asking price of $975,000. Search Richmond real estate on michaelkane.kanecompanyrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Window Unit(s)
Heating: Hot Water, Radiator(s)
Roof Type: Other, Rubber
Stories: 1.0
Year Built: 1910

Feature Descriptions

Building Features: No Elevators
Days on Site: 18
Fencing: None
Parcel#: W000-0610-029
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Contact: (804) 873-9333

Shown By

Agent Name: Michael Kane
Agent Phone: (804) 551-1920
Agency Title: Kane Company Realty

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Licensed Real Estate Firm and Agents in the Commonwealth of Virginia.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/04/2026. The listing information on this page last changed on 09/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/04/2026 8:13:20 AM EST) or CVRMLS (last updated Fri 09/04/2026 8:08:45 AM EST). Real estate listings held by brokerage firms other than Kane Company Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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These real estate listings were derived from the Central Virginia Regional Multiple Listing Service, LLC, of which this brokerage is an independently owned Participant. The information contained in these listings is deemed reliable but is not guaranteed. All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved. No one may copy and/or repost these MLS listings, or any portion thereof, without the written permission of an authorized officer of the Central Virginia Regional Multiple Listing Service, LLC. These listings are refreshed within a minimum of every seven calendar days. Thus, listings may appear here for properties no longer on the market. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing.


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