8414 W Main Street,  Marshall VA, 20115

(NEW LISTING)
$979,000
|
7 baths, 5,190 sqft
|
MLS# VAFQ133256
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Last Updated: 1/17/2019 11:01 PM
Description for 8414 W Main Street Marshall, VA 20115
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 $4400-5000 & (3) Residential Apartments (totaling 2278sf): (1)-2 bedroom & (2)-1 bedroom with current rents of $3300. Potential income is $7500-8200/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.
Price
$979,000
Marshall Town
FAUQUIER
7
5,190 (approx)
VAFQ133256
NEW LISTING
Description
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 $4400-5000 & (3) Residential Apartments (totaling 2278sf): (1)-2 bedroom & (2)-1 bedroom with current rents of $3300. Potential income is $7500-8200/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.
Listing Information
Property Type: Retail, Other
7 0.56 Acres
5,190 (approx) $180.56 1929
Marshall Town
Electric Water Heater, Public Water Service
Public Sewer
Onsite Telephone, Cable TV, DSL Available
Neighborhood
Room Information
Interior Features
Central Air, Electric
Electric Heating, Heat Pump, Baseboard
3
Exterior / Lot Features
Paved Driveway, Unassigned
None
MARSHALL - TOWN
Back Yard, Downtown, Paved Road
Driving 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 through town to the west side of town. 8414 is on the ri>
Financial Considerations
$4,224
2014
Listing Price History

Marshall Real Estate

Marshall is located in Virginia. Marshall, Virginia 20115 has a population of 1,313.

The median household income in Marshall, Virginia 20115 is $37,406. The median household income for the surrounding county is $92,078 compared to the national median of $53,482. The median age of people living in Marshall 20115 is 40.1 years.

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This content last refreshed on 1/17/2019 11:01 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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