8414 W Main Street Marshall, VA $ 1,300,000
8414 W Main Street
$ 1,300,000
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8414 W Main Street

Marshall, VA, 20115
$ 1,300,000
Baths0.0 Sq 5,422

Monthly Estimate*

$ 7,786

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Studio

Commercial Property for sale in Marshall, VA

for $1,300,000. This 5,422 square foot building was built in 1929 on a lot size of 0.57.

LOCATION is key. Marshall is a charming small town with new business development and Van Metre's new homes (400+). Excellent Investment Opportunity on 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 (vacant 2200sf), and residential units (tenants with annual leases - 100% occupied). The commercial units are currently on the market for lease. Residential Commercial leasing options: Retail store front +/-2200sf MLS#VAFQ2010950. All other space leased. 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 all residential and commercial leases. Please inquire with questions and come see this property. Thank you for your interest.

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,500

Style

Apartment Building,Convenience Store/Gas,Day Care

Lot Size

0.57

Year Built

1929

Town/City

Marshall

County/Region

Fauquier

MLS | Web ID

VAFQ2013074

Features
Interior
Heating Fuel Electric
Flooring Ceramic Tile Wood
Hot Water Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Entry Level 1
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General
Sewer Public Sewer
Heating Heat Pump(s) Baseboard - Electric
Cooling Central A/C
Utilities Phone Available Cable TV Available
Possession Settlement Subject to Existing Lease
Roof Metal Pitched
Zoning MT
Security Features Smoke Detector Main Entrance Lock
Construction Materials Brick Front Combination Brick Concrete Stucco Mixed
Year Built 1929
Electric 120/240V
View Street
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Convenience Store/Gas Day Care Facility Garden Center Medical Other/General Retail Professional Religious Facility Restaurant/Bar Supermarket/Grocery Store Vet/Kennel Other
Accessibility 2+ Access Exits Level Entry - Main
County FAUQUIER
New Construction N
Property Type Commercial Sale
Subdivision Name MARSHALL
Possible Use Apartments Bar/Tavern/Lounge Commercial Clothing Convenience Store Florist/Nursery Food & Beverage Food Market Investment Medical/Dental Multi-Family Professional Service Residential Restaurant Retai
Water Access Y/N N
Status ACTIVE
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 thro
City MARSHALL
Disclosures Lead Based Paint - Federal Lead Based Paint - State Under Lease
NumberOfUnitsTotal 4
Lot Size Units Square Feet
Lot Size Square Feet 24829.20
Waterfront Y/N N
Tax Annual Amount 4500.0
Property Condition Average
Price Per Sq Ft Total AG 239.76
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Association Recreation Fee N
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Exterior
Parking Features Unassigned
Lot Features Road Frontage Rear Yard
Water Source Public
Type of Parking Driveway On Street
Foundation Details Block
Water View Y/N N
Building Area Total 5422.00
Lot Size Acres 0.57
Road Surface Type Paved Access - On Grade
Lot Size Source Estimated
Road Responsibility Public State Easement/Right of Way
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 8414
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* Excluded Features
List By
God & Country Real Properties

Broker

debbie@cdencompass.com

Email

Affordability Calculator

$8,161
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,786
Monthly Property Taxes
$375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2024$1,300,000 Listed Price

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8414 W Main Street, Marshall, VA, 20115 is a Commercial Property for sale at $1,300,000 with 5,422 sqft and a lot size of 0.57. 8414 W Main Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 20115 which is in Marshall, VA