Skip To Content

8414 W Main Street

MARSHALL, VA 20115
  • $1,300,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: VAFQ2010944
$1,300,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Information

Elementary School:
Middle School:
High School:

Description

LOCATION - LOCATION - LOCATION 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.INVESTMENT OPPORTUNITY as an income-producing property or Owner-Operator with income offset owner business. "Marshall Town" (M-T) zoning is more flexible for Main Street towns combining commercial with residential to create a "downtown" environment. The building is 5422sf on an approx .58 acre lot. The new easement is 10ft walking path along the western property 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 units space for storage, offices and staff space totals +/-3000sf. The remaining square footage is historically residential apartments with annual leases.The current zoning is Marshall Town that combines commercial space (vacated), and residential units (tenants with annual leases). The commercial units are currently on the market for lease. Residential Commercial leasing options: Retail store front +/-2200sf MLS#VAFQ2010950 & Unit 4 Retail/back office/efficiency +/- 450sf MLS#VAFQ2010952. The store tenant historically been retail and office space. The tenant has 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 any current residential and commercial leases. Please inquire with questions and come see this property. Thank you for your interest.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-03T23:52:46.143.
www.jennifermackproperties.com/homes/146142111
Print Image

8414 W Main Street MARSHALL, VA 20115

  • Price: $1,300,000
  • Status: Active
  • On Site: 119 Days
  • ID#: VAFQ2010944
0
Beds
0
Baths
0
½ Baths
0.57
Acres
1929
Built
Neighborhood:
Marshall
County:
Fauquier
Elementary School:
Coleman
Middle School:
Marshall
High School:
Fauquier
School District:
Fauquier County Public Schools
Property Description
LOCATION - LOCATION - LOCATION 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.INVESTMENT OPPORTUNITY as an income-producing property or Owner-Operator with income offset owner business. "Marshall Town" (M-T) zoning is more flexible for Main Street towns combining commercial with residential to create a "downtown" environment. The building is 5422sf on an approx .58 acre lot. The new easement is 10ft walking path along the western property 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 units space for storage, offices and staff space totals +/-3000sf. The remaining square footage is historically residential apartments with annual leases.The current zoning is Marshall Town that combines commercial space (vacated), and residential units (tenants with annual leases). The commercial units are currently on the market for lease. Residential Commercial leasing options: Retail store front +/-2200sf MLS#VAFQ2010950 & Unit 4 Retail/back office/efficiency +/- 450sf MLS#VAFQ2010952. The store tenant historically been retail and office space. The tenant has 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 any current residential and commercial leases. Please inquire with questions and come see this property. Thank you for your interest.
Exterior Features

Construction Materials Brick FrontCombinationBrickConcreteStuccoMixed Garage YN No Location Type Downtown Lot Features Road FrontageRear Yard Parking Features Unassigned Parking Types DrivewayOn Street Property Condition Average Riparian Rights YN No Road Responsibility PublicStateEasement/Right of Way Road Surface Type PavedAccess - On Grade Roof MetalPitched View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5422.00 Cooling Central A/C Flooring Ceramic TileWood Heating Heat Pump(s)Baseboard - Electric Heating YN Yes Net Square Feet 5422.00 Security Features Smoke DetectorMain Entrance Lock

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access ExitsLevel Entry - Main Assessment Year 2022 Business Type Apartment BuildingConvenience Store/GasDay Care FacilityGarden CenterMedicalOther/General RetailProfessionalReligious FacilityRestaurant/BarSupermarket/Grocery StoreVet/KennelOther Central Air YN Yes Cooling Fuel Electric Electric 120/240V Entry Level 1 Foundation Details Block Heating Fuel Electric Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802782107430 Ownership Interest Fee Simple Possession SettlementSubject to Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4563.00 Tax Assessment Amount 505260.00 Utilities Phone AvailableCable TV Available Vacation Rental YN No Water Source Public Zoning M-T Zoning Description Marshall Town

Listing courtesy of God & Country Real Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-03T23:52:46.143.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802782107430-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802782107430-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802782107430-2.jpg
Logo
Jennifer Mack Properties | EXP Realty
1945 Old Gallows Road, Suite 520
Vienna VA, 22182