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Ralph Monaco, Jr.
Direct Office:
540-341-7687
ralphmonaco@remax.net
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Ralph Monaco, Jr.
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Direct Office:
540-341-7687
ralphmonaco@
remax.net
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FOR SALE
$979,000

8414 W Main Street
Marshall, VA 20115

General Commercial
Residence
0.56
Acre Lot
1of
Photos
Map
Courtesy: United Real Estate Horizon
brightmlshomes.com> Virginia> Marshall> 20115
Excellent Investment Opportunity! 100% occupancy. Growing community excited. Come out and see this Small Town Community as the 2nd largest town in Fauquier County. Easy access off I66 with high tourist traffic located between exit 27-28 in Marshall VA (59 miles from DC/NVA). Great opportunity for Investor. MARSHALL is growing with changes in 2020 to include Marshall Main Street beautification project phase one, road expansion of Salem Avenue and new homes south and north of Main St. The building is 5422sf on a .56acre lot. General store front commercial space +/-2200sf. The total back space plus general front space +/-3000sf. Commercial space with "Marshall Town" zoning, many uses BY RIGHT. Current Use: general contractors office, CBD retail store (3 year lease) and residential units (annual leases). Possible other future commercial uses include: 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 be "ABC-ON". The space can be built-out as a retail/restaurant front and office/kitchen in back. New walking path easement on west side of property from townhouses & new "coming soon" housing. Income producing property - potential +/-85k/year net. Current occupancy - 4 units rented, and 2 units being negotiated where property is 100% occupied as of 9/1/20. Investor - great property with smart cosmetic upgrades and minimal layout changes for purchaser or potential tenant. New Metal Roof installed approximately 10 years ago. Seller's expenses are currently water/sewer, trash, taxes and insurance. Store tenant pays a negotiated CAM payment dependent on the business utility usage. Residential Tenants pay electric. Property subject to Leases. Property sold is AS IS.
VAFQ166180
General Commercial
FAUQUIER
1929
0.56 Acres
Electric Water Heater, Public Water Service
Public Sewer
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Data Provided by Onboard
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: United Real Estate Horizon
This content last refreshed on 12/5/2020 3:43 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.