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
UpdatedMay 8th, 2025
TypeOthers
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.


Financials



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