8414 W MAIN STREET, Marshall, Virginia, 20115

Excellent Investment Opportunity! 100% occupancy. Growing community excited. Come out and see this Small Town Community as the 2nd largest town in Fauquier County. Easy access off I66 with high tourist traffic located between exit 27-28 in Marshall VA (59 miles from DC/NVA). Great opportunity for Investor. MARSHALL is growing with changes in 2020 to include Marshall Main Street beautification project phase one, road expansion of Salem Avenue and new homes south and north of Main St. The building is 5422sf on a .56acre lot. General store front commercial space +/-2200sf. The total back space plus general front space +/-3000sf. Commercial space with "Marshall Town" zoning, many uses BY RIGHT. Current Use: general contractors office, CBD retail store (3 year lease) and residential units (annual leases). Possible other future commercial uses include: 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 be "ABC-ON". The space can be built-out as a retail/restaurant front and office/kitchen in back. New walking path easement on west side of property from townhouses & new "coming soon" housing. Income producing property - potential +/-85k/year net. Current occupancy - 4 units rented, and 2 units being negotiated where property is 100% occupied as of 9/1/20. Investor - great property with smart cosmetic upgrades and minimal layout changes for purchaser or potential tenant. New Metal Roof installed approximately 10 years ago. Seller's expenses are currently water/sewer, trash, taxes and insurance. Store tenant pays a negotiated CAM payment dependent on the business utility usage. Residential Tenants pay electric. Property subject to Leases. Property sold is AS IS.

Active

$979,000

Virtual Tour

Other

5,422

0.56 Acres

MLS

VAFQ166180

180.560 per sqft

Built in 1929

MARSHALL TOWN

3945.00 (2018)

Listing Courtesy of United Real Estate Horizon, Debbie Cloud

Virtual Tour

REQUEST MORE INFO

We will never spam you!

ADDRESS & DIRECTIONS

  • Street Address: 8414 W MAIN STREET
  • City: Marshall
  • State: Virginia
  • County: Fauquier
  • Subdivision: MARSHALL TOWN
  • 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

  • Location: Downtown
  • Leasable Area: 5190  
  • Building Features : Kitchen,Meeting Rooms,Signage Allowed,Display Window
  • Entry Level:1
  • Road Surface: Paved,Access - On Grade
  • Road Frontage Length: 127
  • 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
  • Other Equipment: Some
  • Zoning: MARSHALL - TOWN
  • Direction Faces: South

SCHOOLS NEAR 8414 W MAIN STREET

  • Courtesy of United Real Estate Horizon, Debbie Cloud
  • Property last updated on BRIGHT : 9/15/2020 6:48:51 AM