Petersburg, VA 23805 5 Holly Hill Drive

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Presented By: Danielle Bowers with Century 21 Lifestyle.
  • Central Virginia Regional MLS (CVRMLS) - 11 - VA
  • MLS# 2512087
  • 04/30/2025
  • SQFT • 3,249

Home Details

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.
Presented By: Danielle Bowers with Century 21 Lifestyle.

Interior Features for 5 Holly Hill Drive

Bathrooms

Half Baths0
Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 5 Holly Hill Drive

AccessibilityAccessibilityFeatures
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesMultiTenant, NoElevators
Carport Y/NNo
Construction MaterialsBrick
CountyPetersburg
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
HOANo
HeatingElectric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size UnitsAcres
MLS Area57 - Petersburg
MobileHomeRemainsYNNo
New ConstructionNo
OwnershipInvestment, Owner-User
PossessionCloseOfEscrow, Negotiable
Property Attached Y/NNo
Property ConditionVeryGoodCondition
Property TypeCommercialSale
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Tax Assessed Value0
TopographyLevel
Total Rooms4
Year Built1967

Exterior for 5 Holly Hill Drive

Building Area Total3249.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.808
Lot Size Area0.808
Open Parking Y/NNo
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Vicki Huber

Associate
Price $620,000
MLS#2512087
List Date 04/30/2025
Property Type Commercial
Phone 804.306.7799
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