8414 W MAIN STREET Marshall, VA $ 979,000
8414 W MAIN STREET
$ 979,000
Recently Listed

8414 W MAIN STREET Marshall, VA, 20115

$ 979,000
Bedrooms 7 Baths-- Sq 5,422

Monthly Estimate*

$ 3,796

How much can I afford?
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Commercial Property for sale in Marshall, VA

for $979,000 with 7 bedrooms. This 5,422 square foot building was built in 1929 on a lot size of 0.56 Acre(s).

Interior Designer's "Best Use" Plans for "THE LOCAL" FINE BRITISH PUB, available. Designer met with Fauquier County for the property uses - "By-Right". All aspects of sketches and layout will include furnishings which are available for purchase. EXCELLENT Location & Potential. Income or Staff residential options. Marshall by right ideas abound: Pub, Restaurant, Wine Bar, Market, Deli, BBQ, Retail, Service, Offices, Medical, Spa. Artist renditions available for client viewing. Income producing property - potential 98k/year. Approx 2000sf - 3 Apts & 3000sf - Commercial Space. Investor - great property with smart cosmetic upgrades and minimal layout changes for self or tenant. Owner Occupied commercial business. Can off-set monthly business costs with residential income. Business can offer staff housing to ensure restaurant/store hours. Family business can house family within property. Make this property your own. Many great "BY-RIGHT" USES. The old market is wanting to be a new pub, wine bar, restaurant or specialty retail store. GREAT Location on West Main Street, at entrances of +/-350 home development coming 2019. Jogging/bicycle/walking path easement on west side of property from townhouses & new "coming soon" housing to West Main Street. The space is a Blank palette ready for vision of its new owners. Some landscape and creative vision will be value added to Marshall. Marshall Beautification Project to start in 2019 with 3 planned phases. The store has been "ABC-OFF" with previous tenants, and the inspector says with the right tenant can be "ABC-ON". The county says the last Site Plan Waiver had 24 parking spots. The property includes: Marshall Town zoned for a wide variety of commercial uses. Last used as a Deli/Store w/ (2) office/staff rooms (2912sf) with potential rents $4 & (3) Residential Apartments (totaling 2278sf): (1)-2 bedroom & (2)-1 bedroom with current rents of $3300. Potential income is $7 /mo. Currently the commercial space is not rented so the property only has 50% occupancy. We are actively seeking 100% occupancy with a great tenant on the ground floor. The property is sold "AS IS". The original building framework is oak. Seller put on a roof approximately 10 years ago. Price based on CAP 8.5 approx with 100% occupancy. Seller's expenses are currently water/sewer, trash, taxes and insurance. Store tenant will negotiate a CAM payment dependent on the business utility usage. Residential Tenants pay electric.

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Commercial Active

Price

$ 979,000

Bedrooms

7

Property Type

Commercial

Taxes

$ 4,224

Style

Other / Unknown

Lot Size

0.56 Acre(s)

Year Built

1929

Town/City

Marshall

County/Region

Fauquier

MLS | Web ID

VAFQ133256

Features
Interior
Appliances Smoke Detector
Cooling System Central Air Electric Cooling
Equipment Some
Flooring Ceramic Tile Flooring Wood Floors
Heating Source Electric
Heating System Baseboard Heat Pump Hot Water Heater: Electric
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick Concrete Metal Other
Driveway Paved Driveway
Exterior Other
Foundation Block
Lot Description Rear Yard
Parking Free Parking Unassigned Parking
Road Frontage Access - On Grade Easement Road Paved Public Road Road Frontage/Access State Road
Roof Pitched/Sloped
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Miscellaneous
Accessibility Level Entry Other
Commercial Display Window Kitchen Meeting Rooms Signage Allowed
Location Downtown
Utilities Cable TV Available DSL Available Phone Line Available
View Street
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Rental
Landlord Pays Insurance Pest Control Repairs Sewer Taxes Water
Lease Terms Negotiable
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* Excluded Features
List By

Listing Agent

United Real Estate Horizon

Broker


Affordability

$ 4,148 per month
Get Pre-Approved
Monthly Principal & Interest
$3,796
Monthly Property Taxes
$352
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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
FAUQUIER COUNTY PUBLIC SCHOOLS School District
MARSHALL Middle School
FAUQUIER High School

Map


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8414 W MAIN STREET, Marshall, VA, 20115 is a Commercial Property for sale at $979,000 with 5,422 sqft and a lot size of 0.56 Acre(s). 8414 W MAIN STREET has 7 bedroomsThe property's zip code is 20115 which is in Marshall, VA