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    8414 W Main Street

    MARSHALL, VA 20115
    • $979,000
    • STATUS: Active
    • ON SITE: 345 days
    • ID#: VAFQ161100
    $979,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1929
    County:

    School Information

    Middle School:
    High School:

    Description

    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 .

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    ©2020 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 Cristina Dougherty & Associates | Long & Foster Real Estate. 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: 2020-06-05T23:50:18.69.
    www.getkeyedup.com/homes/96304194

    8414 W Main Street MARSHALL, VA 20115

    • Price: $979,000
    • Status: Active
    • ID#: VAFQ161100
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1929
    Built
    Neighborhood:
    Marshall Town
    County:
    Fauquier
    Middle School:
    Marshall
    High School:
    Fauquier
    School District:
    Fauquier County Public Schools
    Property Description
    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 .
    Exterior Features

    Construction Materials Brick FrontCombinationBrickConcreteStuccoMixed Direction Faces South Garage YN No Location Type Downtown Lot Features Road FrontageRear Yard Other Equipment Some Parking Features Unassigned Parking Types DrivewayOn Street 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 Waterfront YN No

    Interior Features

    Basement YN No Building Area Total 5422.00 Building Features KitchenMeeting RoomsSignage AllowedDisplay Window Cooling Central A/C Fireplace YN No Flooring Ceramic TileWood Heating Heat Pump(S)Baseboard - Electric Heating YN Yes Leasable Area 5190 Net Square Feet 5190.00 Security Features Smoke DetectorMain Entrance Lock

    Property Features

    Accessibility Features 2+ Access ExitsLevel Entry - Main Assessment Year 2020 Association YN No Business Type Restaurant/BarSupermarket/Grocery StoreMedicalApartment Building Central Air YN Yes Condo YN No Cooling Fuel Electric Current Use CommercialConvenience StoreMulti Residential Electric 120/240V Entry Level 1 Foundation Details Block Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense Includes InsurancePest ControlRepair/MaintenanceSewerTrashWater Original MLSNumber 301831187104 Owner Pays InsuranceTaxes - Real EstateRepairsSewerTrash CollectionWater Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 3993.00 Tax Assessment Amount 401800.00 Utilities Phone AvailableCable Tv AvailableDsl Available Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning M-T Marshall Town

    Listing courtesy of United Real Estate Horizon.


    ©2020 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 Cristina Dougherty & Associates | Long & Foster Real Estate. 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: 2020-06-05T23:50:18.69.
     
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    Cristina Dougherty & Associates | Long & Foster Real Estate
    13135 Lee Jackson Memorial Hwy Suite 100
    Fairfax VA, 22033