Listing Courtesy of United Real Estate Horizon, Debbie Cloud

8414 W MAIN STREET, Marshall, Virginia, 20115

INVESTMENT OPPORTUNITY as an income-producing property or Owner-Operator with income offset. Marshall is a charming small town that is going through a renaissance with new business development and Van Metre's new homes (400+). Excellent Investment Opportunity in a growing town with the revitalization of Main Street right between two exits on I66 (exit 17&18) less than 60 miles from DC Area. Options abound for this property as Marshall Town zoning in Northern Piedmont. You can continue to lease the property just as it sits as an income producer or make the upgrades to the property as a destination in this 2nd largest town in Fauquier County. Horse country, rolling hills, open spaces, wineries, and quaint small-town living add to the lure of Marshall. There are many possibilities to complement existing businesses. Tourists drive by heading to Skyline Drive or commuters return home from a busy day in Northern Virginia. Marshall Town zoning (town overlay zoning) is more flexible allowing the property to combine commercial space and multiple residential units. 100% occupied on approximately .57ac. "Marshall Town" zoning is more flexible for Main Street towns combining commercial with residential to create a "downtown" environment. The building is 5422sf on an approx .57 acre lot. The new easement is 10ft walking path along the western fence line for the new homes to access Main Street making this property a prime location. The retail front commercial space +/-2200sf with all the back historically commercial space totals +/-3000sf. The current retail tenant has all the commercial space. The remaining square footage is historically residential apartments with annual leases. The current zoning use of the commercial space is for a general contractor's office and a retail store with back office space (3-year lease ended- NN), and residential units (tenants with annual leases). The so the commercial units are currently on the market. The options for renting the +/-3000sf are broken down into full space (Unit 1 - MLS# VAFQ2009646) or one or part of the three commercial spaces (Unit 2A MLS# VAFQ2008942 - 2200sf retail store front, 2B MLS# VAFQ2009642 - 350sf office & 2C MLS# VAFQ2009644 - 450sf office). The store tenant historically paid electricity and a CAM payment monthly (trash & WSA). Residential Tenants pay metered electricity and communication expenses. The Landlord's expenses are water/sewer, trash, taxes, and insurance. The property sold is "AS IS" and subject to current residential and commercial leases. Please inquire with questions and come see this property. Thank you for your interest.

Active

$1,300,000

Other

5,422

0.57 Acres

MLS

VAFQ2008718

239.760 per sqft

Built in 1929

MARSHALL

3994.00 (2021)

Disclaimer: The information contained in this listing has not been verified by United Real Estate Horizon and should be verified by the buyer.

Information provided by BRIGHT

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ADDRESS & DIRECTIONS

  • Street Address: 8414 W MAIN STREET
  • City: Marshall
  • State: Virginia
  • County: Fauquier
  • Subdivision: MARSHALL
  • Directions:
    From Washington DC - head west to Exit 28 - Marshall turning right on Winchester Road heading north. At the stop light in Marshall, turn left onto West Main Street (Leckner Ford, BBT & 7-11) Head through town to the west side of town. 8414 is on the right/north side of Main Street.

PROPERTY FEATURES

General Information

  • Building Features : Kitchen,Meeting Rooms,Signage Allowed,Display Window
  • Entry Level:1
  • Road Surface: Paved,Access - On Grade
  • Road Frontage Length: 127
  • Location: Downtown
  • Leasable Area: 5190  
  • Current Use: Commercial,Convenience Store,Multi Residential

Heating /Cooling Features

  • Has Central Air
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Has Heating
  • Heating Type: Heat Pump(s),Baseboard - Electric
  • Heating Fuel: Electric

Rooms Information

  • Other Units : Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Exterior Features

  • Accessibility Features: 2+ Access Exits,Level Entry - Main

Parking Features

  • 26 Garage And Parking Space(s)
  • Parking Types : Driveway,On Street
  • Parking Features: Unassigned

Construction Features

  • Construction Materials: Brick Front,Combination,Brick,Concrete,Stucco,Mixed
  • Flooring: Ceramic Tile,Wood
  • Roof Type: Metal,Pitched
  • Foundation Details:Block

Accessibility Features

  • Accessibility Features: 2+ Access Exits,Level Entry - Main

Utility Information

  • Electric: 120/240V
  • Utilities:Phone Available,Cable TV Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric

Security Features

  • Security Features: Smoke Detector,Main Entrance Lock

Commercial Features

  • Business Type: Restaurant/Bar,Supermarket/Grocery Store,Medical,Apartment Building,Banquet Facility/Lodge,Day Care Facility,Hair Salon and Spa,Other/General Retail,Professional,Religious Facility,Shopping Center,Vet/Kennel,Other

Other Features

  • Year Built Source: Assessor
  • Zoning: MT
  • Zoning Description: Marshall Town
  • Direction Faces: South

SCHOOLS NEAR 8414 W MAIN STREET

  • Courtesy of United Real Estate Horizon, Debbie Cloud
  • Property last updated on BRIGHT : 10/22/2023 5:12:55 PM