8414 W MAIN ST, MARSHALL,VA 20115

$1,300,000

8414 W MAIN ST, MARSHALL, Virginia 20115 - $1,300,000

0.57 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

LOCATION is key.

Marshall is a charming small town that is going through a renaissance with new business development and Van Metre’s new homes (400+). Excellent Investment Opportunity in a growing town with the revitalization of 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 (vacated), and residential units (tenants with annual leases). 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 any current residential and commercial leases.

Please inquire with questions and come see this property. Thank you for your interest.

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $1,300,000
Year Built : 1929
Lot : 0.57 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Heat pump(s), Baseboard - Electric
: Central a/c
: Main entrance lock, Smoke detector
: Unassigned

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
VA
Northern Virginia
FAUQUIER
MARSHALL
MARSHALL
20115
W78° 8' 22.6''
N38° 51' 49.4''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
5,422 Sq.Ft
: M-t
: Ceramic tile, Wood
: Rear yard, Road Frontage
: Block
N
: Settlement, Subject to existing lease
Public Sewer
: Public
$0
239.76
2022
4563
: Metal, Pitched

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 981-5923

    Email rick@virginiaestates.com

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    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. God & Country Real Properties represents the interest of the seller 5406803168 VAFQ2010944. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.