Views
Address
8414 W Main Street Marshall, VA
Price
$ 1,050,000
Property Attributes
  • MLS#VAFQ2001912
  • TypeCommercial
  • CountyFAUQUIER
  • CityMarshall
  • NeighborhoodMarshall Town
  • Zip20115
  • StyleRestaurant/Bar,Supermarket/Grocery Store,Medical,A
  • Year Built1929
  • Taxes$ 3945
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5244
  • Lot Size0.56 Acres
Listing Provided Courtesy Of:
United Real Estate Horizon
Data Source:
Bright MLS - 382 - MD
Property Description

Excellent Investment Opportunity - current 8 CAP! 100% occupancy. Older historic property for sale that can be upgraded or left AS IS generating income. Options abound in this expanding area. Come out and see this Small Town Community as the 2nd largest town in Fauquier County. Horse country, rolling hills, open spaces, wineries, and quaint small-town living add to the lure of Marshall. This gateway to Northern Piedmont is straight out from the DC area (59 miles from the Capital) with easy access off I66 with high tourist traffic located between exits 27-28 in Marshall VA. The building is 5422sf on a .56acre lot. There is an easement between properties for the new homes to access Main Street making this property a prime location. The general store/retail front commercial space +/-2200sf. The total backspace plus general front space +/-3000sf. "Marshall Town" zoning is more flexible for main street towns combining commercial with residential to create a "downtown" environment. Current Use: general contractors office, CBD retail store (3-year lease with 2 renewals - NN), and residential units (annual leases). Store tenant pays a CAM payment monthly. Residential Tenants pay metered electricity and communication expenses. The Landlord's expenses are water/sewer, trash, taxes, and insurance. Property sold is "AS IS" and subject to current residential and commercial leases.

Price History
11/3/2021 Listed $1,050,000

General Features

Accessibility 2+ Access Exits, Level Entry - Main
Building Features Kitchen, Meeting Rooms, Signage Allowed, Display Window
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
Construction Materials Brick Front, Combination, Brick, Concrete, Stucco, Mixed
Cool Fuel Electric
Cooling Central A/C
County FAUQUIER
Current Use Commercial, Convenience Store, Multi Residential
Days on Market 19
Electric 120/240V
Facing Direction South
Flooring Ceramic Tile, Wood
Heating Heat Pump(s), Baseboard - Electric
Historic Y/N No
Leasable Area 5190
Location Type Downtown
Lot Size Square Feet 24394.00
New Construction No
Ownership Fee Simple
Possession Settlement, Subject to Existing Lease
Price Per Sq Ft 193.66
Property SubType Other
Property Type Commercial Sale
Property Use Investment
PropertyCondition Average
Roof Metal, Pitched
Security Features Smoke Detector, Main Entrance Lock
Sewer Public Sewer
Subdivision Name MARSHALL TOWN
Tax Annual Amount 3945.0
Tax Year 2018
Total Units 4
Utilities Phone Available, Cable TV Available
Vacation Rental Y/N No
View Street
Water Access Y/N No
Zoning MARSHALL TOWN
Zoning Description To provide for a concentration of business activity, with interspersed residential uses - downtown .

Interior Features

Central Air Y/N Yes
Clear Span Ceiling Height 8' to 10'
Entry Level 1
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Total Restrooms 6

Exterior Features

Building Area Total 5422.00
Car Parking Spaces 24
Fencing Y/n No
Foundation Details Block
Lot Features Road Frontage, Rear Yard
Lot Size Acres 0.56
Lot Size Source Estimated
Navigable Water Y/N No
Parking Features Unassigned
Road Frontage Length 127
Road Responsibility Public, State, Easement/Right of Way
Road Surface Type Paved, Access - On Grade
Total Parking Spaces 26
Type of Parking Driveway, On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20115

Price
AVG $350K
$1.05M
Taxes
AVG $3,945
$3,945
Visits
AVG 21
2
Year Built
AVG 1990
1929

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.