38
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$620,000
Est. payment /mo
3,249 SqFt
New
5 Holly Hill DR Petersburg, VA 23805
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,249 sqft
Price per Sqft $190
MLS Listing ID 2512087
HOA Y/N No
Year Built 1967
Lot Size 0.808 Acres
Acres 0.808
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.
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.
Location
State VA
County Petersburg
Area 57 - Petersburg
Interior
Heating Electric
Exterior
Roof Type Asphalt,Shingle
Topography Level
Handicap Access Accessibility Features
Building
Lot Description Level
Building Description Brick, Multi-Tenant,No Elevators
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Others
Tax ID 065-010001
Ownership Investment,Owner-User
Listed by Century 21 Lifestyle
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