Property

Marshall, VA 20115 8414 W Main Street

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Presented By: God & Country Real Properties
  • MLS# VAFQ2014738
  • 11/18/2024
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Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
  • SQFT • 5,422

Home Details

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. CURRENT 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, & insurance. The property sold is "AS IS" and subject to all residential and commercial leases.
Presented By: God & Country Real Properties

Interior Features for 8414 W Main Street

Other Interior Features

Central Air Y/NYes
FlooringCeramic Tile, Wood
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories2

Other Rooms

Entry Level1

General for 8414 W Main Street

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits, Level Entry - Main
Association Recreation FeeN
Business TypeApartment Building, Convenience Store/Gas, Day Care Facility, Garden Center, Medical, Other/General Retail, Professional, Religious Facility, Restaurant/Bar, Supermarket/Grocery Store, Vet/Kennel, Other
CityMARSHALL
Construction MaterialsBrick Front, Combination, Brick, Concrete, Stucco, Mixed
Cool FuelElectric
CoolingCentral A/C
CountyFAUQUIER
DirectionsFrom 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
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Under Lease
Electric120/240V
HeatingHeat Pump(s), Baseboard - Electric
Historic Y/NNo
Lease Considered Y/NNo
Location TypeDowntown
Lot Size Square Feet24829.20
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-04T11:11:50
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease
Possible UseApartments, Bar/Tavern/Lounge, Commercial, Clothing, Convenience Store, Florist/Nursery, Food & Beverage, Food Market, Investment, Medical/Dental, Multi-Family, Professional Service, Residential, Restaurant, Retai
Price Per Sq Ft Total AG258.21
Property ConditionAverage
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofMetal, Pitched
Security FeaturesSmoke Detector, Main Entrance Lock
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameMARSHALL
Tax Annual Amount4563.0
Tax Assessed Value446600.0
Tax Year2022
UtilitiesPhone Available, Cable TV Available
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1929
Year Built SourceEstimated
ZoningMT

Exterior for 8414 W Main Street

Building Area Total5422.00
Car Parking Spaces24
Foundation DetailsBlock
Land Assessed Value184800.00
Lot FeaturesRoad Frontage, Rear Yard
Lot Size Acres0.57
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesUnassigned
Road Frontage Length127
Road ResponsibilityPublic, State, Easement/Right of Way
Road Surface TypePaved, Access - On Grade
Total Loading Docks0
Total Parking Spaces26
Type of ParkingDriveway, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Jhony Leyva

Realtor
Price $1,400,000
MLS#VAFQ2014738
List Date 11/18/2024
Property Type Commercial
Phone 571.247.7543
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