5 Holly Hill Dr

For Sale

5 Holly Hill Dr, Petersburg, VA 23805

This Petersburg property for sale is located at 5 Holly Hill Dr. The general use of 5 Holly Hill Dr is retail and it incorporates 3,249 square feet of class C retail space. The current listed sale price for 5 Holly Hill Dr is $525,000. 5 Holly Hill Dr is situated on a lot that is 0.81 acre in size.

Contacts

broker

Zachary Robbins

Joyner Fine Properties

Property Details

  • 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 Nov 18, 2024
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 6% 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.

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Highlights

  • Salon Suite Investment Opportunity
  • Cap Rate of 6% at 45% occupancy
  • Located in Opportunity Zone

Getting around

  • 62/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Petersburg

    4.08 miles

  • Exxon

    0.14 miles

  • Valero

    0.27 miles

  • Crater Road Marathon

    0.36 miles

  • 7-Eleven

    0.53 miles

  • Shell

    0.78 miles

  • Wawa

    0.79 miles

  • Tesla Supercharger

    0.85 miles

  • Sheetz

    0.89 miles

  • Star

    1.28 miles

  • Lot 3

    3.23 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

  • The Mad Italian Pasta & Steak House

    0.10 miles

  • El Paraiso 2

    0.18 miles

  • China Star

    0.21 miles

  • McDonald's

    0.26 miles

  • Burger King

    0.33 miles

  • Top’s China

    0.43 miles

  • King's Famous Bar-B-Q

    0.55 miles

  • Hardee's

    0.58 miles

  • Wendy's

    0.61 miles

  • Pizza Hut

    0.83 miles

  • Food Lion

    0.26 miles

  • Walmart Supercenter

    1.46 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

  • Fort Gregg-Adams Commissary

    4.55 miles

  • Rosita's Tienda

    4.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Zachary Robbins

Joyner Fine Properties