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5 Holly Hill Drive, Petersburg, VA 23805
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$590,000
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Home Details for 5 Holly Hill Drive
Price
$590,000
Type
Commercial/Industrial
Year Build
1967
Lot Size
0.808
County
Petersburg
Total Rooms
4
MLS®️ Listing#
2512087
On exitrealty.com
155 days
Property Description
NEW PRICE! Prime Investment Property – Petersburg Area near Live Casino!
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.
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Listing Courtesy: Century 21 Lifestyle - 804-722-3391. Presented by: Danielle Bowers
Last Updated: 2025-08-21 09:30:55
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Market statistics compiled from data from Central Virginia Regional MLS.
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EXIT REALTY DIGITAL
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$590,000
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EXIT REALTY DIGITAL
3601 W Hundred Rd, Suite 9, Chester, VA 23831