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.
DAYS ON MARKET
|
19
|
LAST UPDATED
|
5/1/2025
|
YEAR BUILT
|
1967
|
COMMUNITY
|
57 - Petersburg
|
COUNTY
|
Petersburg
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
AREA |
57 - Petersburg |
CONSTRUCTION |
Brick |
HEAT |
Electric |
LOT |
0.808 acre(s) |
LOT DESCRIPTION |
Level |
SEWER |
Public Sewer |
STORIES |
1 |
WATER |
Public |
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Listed with Century 21 Lifestyle
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 Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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Last Updated: 5/18/25 3:19 PM PDT
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