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001122334455554433221100
001122334455554433221100

shaia family acquires former wells fargo branch in downtown richmond

The Shaia family has acquired the former Wells Fargo branch at 122 E. Grace St. in Monroe Ward for $1.6 million, following its closure in fall 2023. The 2,800-square-foot property, assessed at $1.7 million, will be leased to a new tenant, with plans for renovation into an office or restaurant, excluding banking use. The Shaias, experienced in Richmond real estate, also own a nearby building being converted into a behavioral health facility.
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