5 Holly Hill Drive, Petersburg, VA
Others for Sale - $620,000
Agent Info
Sean Bowers CENTURY 21 Lifestyle |
Property Info
CIMLS# | 1175817 |
Location 5 Holly Hill Drive Petersburg VA 23805 | |
Updated | May 8th, 2025 |
Type | Others |
Price | $620,000 |
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.