$1,357,431*
●
Commercial -
Off Market
8414 W MAIN STREET
MARSHALL, VA 20115
Studio
0 Bath
$882,000 - $1,076,000
Reference Base Price*
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
LOCATION - Between two exits off of I-66 in Marshall VA (59 miles
from DC/NVA). Great opportunity for Business owner or Investor.
MARSHALL is growing with changes to include Marshall Main Street
beautification project phase one, road expansion of Salem Avenue
and new homes south and north of town. Small Town Community
as the 2nd largest town in Fauquier. Commercial store with 3
residential apartments Approx 1400 sf. General front
commercial space +/-2200sf. Total back space plus general
front space +/-3000sf. Commercial space with "Town" zoning, many
uses BY RIGHT. Potential uses: pub, restaurant, sushi,
wine/beer bar, CBD/hookah bar, market, deli, BBQ, health food,
wellness center, retail, service center, offices, medical, spa,
etc. Previous use: deli, general store, pool hall, tobacco shop.
The store has been "ABC-OFF", and the inspector says the right
tenant can easily be "ABC-ON". Tenant can build-out
retail/restaurant front and office/kitchen in back. New
walking path easement on west side of property from townhouses &
new "coming soon" housing to access Main Street. 2020 Marshall
Improvements include new homes along with Main Street & Salem
Streets improvement projects. Income producing property -
potential 90k/year with 3 Apts & "Town Zoned" Spaces. Current
occupancy is 4 units rented, and 2 units vacant. Investor - great
property with smart cosmetic upgrades and minimal layout changes
for self or tenant. Seller cleared the interior space to be
build out by tenant. New Roof installed approximately 10
years ago. Seller's expenses are currently water/sewer, trash,
taxes and insurance. Store tenant shall negotiate a CAM payment
dependent on the business utility usage. Residential Tenants pay
electric. Property Subject to Leases. Property is AS
IS. Please see virtual tour
https://s3-us-west-2.amazonaws.com/listing.videofizz.com/listing/video/15485/5e71ec58483db8-57531053.mp4?v3
.
Unit Size
-
Days on Market
-
Land Size
0.56 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$3,993
HOA Dues
-
Year Built
1929
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 2, 2020 | No longer available | - | |
No longer available | |||
Jun 26, 2019 | Listed | $979,000 | |
Listed |
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/26/2022
|
|
Loft
|
-
|
-
|
$1,200,000
Loft
-
|
-
-
|
-
|
Debbie Cloud
United Real Estate Horizon
|
11/03/2021
|
|
Loft
|
-
|
-
|
$1,050,000
Loft
-
|
-
-
|
-
|
Debbie Cloud
United Real Estate Horizon
|
07/14/2020
|
|
Loft
|
-
|
-
|
$979,000
Loft
-
|
-
-
|
-
|
Debbie Cloud
United Real Estate Horizon
|
01/11/2019
|
|
Studio
|
-
|
-
|
$979,000
Studio
-
|
-
-
|
-
|
-
|
07/01/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
Building Info
8414 West Main Street
8414 West Main Street, Marshall, VA 20115
- 1 Unit for Sale