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Salon Suite Retail Property
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5 Holly Hill Drive, Petersburg, VA 23805

Multiple leased suites occupy a signalized corner retail property.

Property SizeContact for details
Days on Market143

Property Features for 5 Holly Hill Drive

General Information

Standard status Active
Property subtype Special Purpose
Occupancy 100%

Additional Details

Opportunity Zone Yes
Corner Location Yes

Building Details

Tenancy Multi
Listing Agency: Century 21 Lifestyle Danielle Bowers
Listed By: Sean Bowers · License #VA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 4:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Lifestyle Danielle Bowers

Investment Insights

Based on property information with market context.

This retail property is configured with multiple salon suites, all fully leased. The asset occupies the signalized corner of S. Crater Road and Holly Hill Drive in Petersburg, Virginia.

The property is located within a designated Opportunity Zone. Its salon-suite configuration and current occupancy provide a clear operational profile for retail-property buyers or an owner-user evaluating the existing setup.

Key Highlights

  • Multiple fully leased salon suites
  • Signalized corner at S. Crater Road and Holly Hill Drive
  • Located in a designated Opportunity Zone

Property Analytics

Current Use

Royal Excellence Barber ... Barber Shop Infant Jesus Children's ... Medical Clinic Dr. Tamara Charity-Brown Pediatrician Divine Arch Brow ... Cosmetic Store #MamaRoseDidThat Hair Salon

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Dining 31% Shops & Services 28% Electronics 1%
Food Lion Grocery Store Groceries
26,324 visits/mo 0.4 miles
McDonald's Dining
15,581 visits/mo 0.4 miles
Family Dollar Shops & Services
6,956 visits/mo 0.4 miles
Burger King Dining
4,751 visits/mo 0.3 miles
Exxon Shops & Services
3,813 visits/mo 0.2 miles

Demographics for 23805, VA

19,656
Population
9,272
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
90%
High-School Grad
71.5 sq mi
ZIP Area
275
Density / Sq Mi
$65,811
Median Household Income
$40,759
Median Earnings
$1,207
Median Rent
$208,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multiple leased suites occupy a signalized corner retail property.
Where is this retail space located?
The property is located at 5 Holly Hill Drive Petersburg, VA.
What are key features of this property?
This property features: Multiple fully leased salon suites; Signalized corner at S. Crater Road and Holly Hill Drive; Located in a designated Opportunity Zone
More about this property
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