8414 W Main Street
Marshall, VAExcellent 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.
Commercial
- Price
- $ 1,050,000
- Lot Size
- 0.56 Acres
- Bedrooms
- 0
- Sqr Footage
- 5,244
- Full Bathrooms
- 0
- Year Built
- 1929
- Half Bathrooms
- 0
- City, Zip
- Marshall
- Taxes
- 3945
- County
- FAUQUIER
- Style
- Restaurant/Bar,Supermarket/Grocery Store,Medical,A
- Area
- MLS#
- VAFQ166180
- Zip
- 20115
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,068
Per MonthBased on the average sale price from the Hillsborough, NJ office
- Monthly Principal & interest $1,939
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Schools
Price History
Property vs Zip Code Average in 20115
Map
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8414 W Main Street Marshall, VA is a Single Family Home for sale at $1050000 with 5244 sqft and a lot size of 0.56 Acres Acre(s). 8414 W Main Street Marshall has 0 bedrooms, 0 baths and was built in 1929. The property's zip code is 20115 which is in Marshall, VA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.