LOCATION - Between two exits off of I-66 in Marshall VA (59 miles from DC/NVA). Great opportunity for Business owner or Investor. MARSHALL is growing with changes to include Marshall Main Street beautification project phase one, road expansion of Salem Avenue and new homes south and north of town. Small Town Community as the 2nd largest town in Fauquier. Commercial store with 3 residential apartments Approx 1400 sf. General front commercial space +/-2200sf. Total back space plus general front space +/-3000sf. Commercial space with "Town" zoning, many uses BY RIGHT. Potential uses: pub, restaurant, sushi, wine/beer bar, CBD/hookah bar, market, deli, BBQ, health food, wellness center, retail, service center, offices, medical, spa, etc. Previous use: deli, general store, pool hall, tobacco shop. The store has been "ABC-OFF", and the inspector says the right tenant can easily be "ABC-ON". Tenant can build-out retail/restaurant front and office/kitchen in back. New walking path easement on west side of property from townhouses & new "coming soon" housing to access Main Street. 2020 Marshall Improvements include new homes along with Main Street & Salem Streets improvement projects. Income producing property - potential 90k/year with 3 Apts & "Town Zoned" Spaces. Current occupancy is 4 units rented, and 2 units vacant. Investor - great property with smart cosmetic upgrades and minimal layout changes for self or tenant. Seller cleared the interior space to be build out by tenant. New Roof installed approximately 10 years ago. Seller's expenses are currently water/sewer, trash, taxes and insurance. Store tenant shall negotiate a CAM payment dependent on the business utility usage. Residential Tenants pay electric. Property Subject to Leases. Property is AS IS. Please see virtual tour https://s3-us-west-2.amazonaws.com/listing.videofizz.com/listing/video/15485/5e71ec58483db8-57531053.mp4?v3 .
180.560 per sqft
Built in 1929
Listing Courtesy of United Real Estate Horizon, Debbie Cloud