1. Virginia
  2. Petersburg
  3. 5 Holly Hill Dr
$620,000

5 Holly Hill Dr, Petersburg, VA 23805

  • 3,249 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.81acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $191/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Salon Suite Investment Property – Richmond Area Introducing a premier investment opportunity in the high-demand Richmond area. This salon suite property offers strong yield potential with a recession-resistant tenant base, making it an ideal choice for savvy investors or owner-users seeking steady income and long-term growth. Strategically located at the signalized corner of S. Crater Rd. and Holly Hill Dr., this high-visibility property is situated in a designated Opportunity Zone, providing potential tax advantages to investors. With multiple fully-leased salon suites, this asset is poised to deliver double-digit cap rates at full occupancy. Don’t miss your chance to acquire a high-performing commercial property in a resilient industry and a growth-oriented location.

Listing Status:
Active
Listing Office:
Century 21 Lifestyle : (804) 722-3391
Listing Agent:
Danielle Bowers : (804) 245-5545
MLS ID:
2512087
  • Heating: Electric
  • Disability Feature: Accessibility Features

This listing courtesy of Danielle Bowers, Century 21 Lifestyle

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walnut Hill Elementary School

300 W South Blvd, Petersburg, VA, 23805

Grades KG-5

0.54 miles away

V

Vernon Johns Middle School

3101 Homestead Dr, Petersburg, VA, 23805

Grades 6-8

1.28 miles away

P

Petersburg High School

3101 Johnson Rd, Petersburg, VA, 23805

Grades 9-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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