For Sale

5 Holly Hill Dr

5 Holly Hill Dr, Petersburg, VA 23805

Located at the corner of S. Crater Rd. and Holly Hill Dr., in the Oakhurst neighborhood of Petersburg. Located within Petersburg Opportunity Zone 811200.Introducing a prime investment opportunity in the Richmond area. This salon suite investment property has strong yield potential, hosting recession resistant tenant base. Currently returning a strong 5.5% cap rate at 45% occupancy. Positioned at the corner of S. Crater Rd. and Holly Hill Dr., this property presents an enticing prospect for both investors and owner-users seeking a lucrative venture. Don't miss the chance to capitalize on this exceptional offering.

Key features

  • Salon Suite Investment Opportunity
  • Cap Rate of 5.5% at 45% occupancy
  • Located in Opportunity Zone

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Contacts

broker

Zachary Robbins

Joyner Fine Properties

Building Details

  • For Sale $575,000
  • Property Type Retail - Freestanding
  • Property Size 3,249 SF
  • Units 9
  • Lot Size 0.81 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1967
  • Date Updated Sep 23, 2024

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (62)

  • Bike Score ®

    Somewhat Bikeable (44)
Powered by Walk Score ®

Location

  • City Petersburg, VA
  • Zip Code 23805
  • Market Richmond Tidewater

Points of Interest

Citgo

0.27 miles

Crater Road Marathon

0.36 miles

7-Eleven

0.53 miles

BP

0.78 miles

Sheetz

0.89 miles

Star

1.28 miles

Valero

2.29 miles

Marathon

2.31 miles

Liberty

2.35 miles

Lot 4

3.29 miles

Lot 5

3.31 miles

Lot 1

3.32 miles

Lot 6

3.33 miles

Lot 31

3.38 miles

Lot 33

3.40 miles

Lot 16

3.40 miles

Lot 7/Visitors

3.40 miles

Lot 8

3.40 miles

Save-A-Lot

0.48 miles

Walmart Supercenter

1.46 miles

Walmart Supercenter

3.25 miles

Burlington

3.43 miles

Target

3.44 miles

ALDI

3.69 miles

Macy's

3.77 miles

JCPenney

3.88 miles

Marshalls

4.01 miles

5 Holly Hill Dr Listing Summary

  • What is the asking price at 5 Holly Hill Dr?

    5 Holly Hill Dr is currently listed for sale at $575,000.

  • What is the total size of 5 Holly Hill Dr?

    5 Holly Hill Dr has a total of 3,249 square feet.

  • What is the year built for 5 Holly Hill Dr?

    The year built for 5 Holly Hill Dr is 1967.

Contact Listing Broker

broker

Zachary Robbins

Joyner Fine Properties