5 Holly Hill Drive, Petersburg, VA 23805
sale
$590,000
|
Commercial-Other
Listed By CENTURY 21 Lifestyle
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.
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Property Features
- Age: Over 50 Years Old
- Cross Docks: N
- For Auction: N
- Lot Size Desc: 1/2 - 1 Acre
- MLSID: 2512087
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Water: Municipal Water
- Year Built: 1967
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