5 Holly Hill Drive, Petersburg, VA 23805 (MLS # 2512087)

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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


ADDITIONAL DETAILS
AREA 57 - Petersburg
CONSTRUCTION Brick
HEAT Electric
LOT 0.808 acre(s)
LOT DESCRIPTION Level
SEWER Public Sewer
STORIES 1
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only



 
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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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