For Sale
$525,000
5 Holly Hill DrPetersburg, VA 23805
High-Yield Salon Building, VA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- High net cash flow, generating a NOI of $31,643.
- Investment in a rapidly growing market segment: salon suites.
- Currently operating at a 6.03% cap rate with 45% occupancy, offering significant upside potential.
- New HVAC system installed in 2023.
- Recently renovated in 2020.
Property Details for 5 Holly Hill Dr
- Property type
- Retail properties
- Square Feet
- 3,249 SF
- Year Built/Renovated
- 1967/2020
- Stories
- 1
- Lot Size (sq. ft)
- 30,492 SF
Location Insight
- City
- Petersburg
- County
- Petersburg City
- State
- Virginia
- Latitude
- 37.1994199
- Longitude
- -77.3771414
5 Holly Hill Dr, Petersburg, Virginia
Nearby Similar for Sale
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