8414 W Main StreetMarshall, VA 20115MLS Number VAFQ2007112

Excellent Investment Opportunity! Marshall Town property combines commercial space and multiple residential units. 100% occupied on approximately .57ac. Options abound for this property in this expanding area of the Northern Piedmont. Come out and see this Charming Main Street Community, the 2nd largest town in Fauquier County. Horse country, rolling hills, open spaces, wineries, and quaint small-town living add to the lure of Marshall. This gateway to Northern Piedmont is straight out from the DC area (59 miles from the Capital) with easy access off I66 with high tourist traffic located between exits 27-28 in Marshall VA. This property can be upgraded like many buildings in Marshall, or remain as is producing income. The building is 5422sf on an approx .57 acre lot (2022 went from .56ac to .42ac and restored back to .57ac - see attached documents). There is an easement being recorded (10ft walking path) along the western fence line for the new homes to access Main Street making this property a prime location. The retail front commercial space +/-2200sf with all the backspace totals +/-3000sf potential commercial space. The remaining sf is historically residential. "Marshall Town" zoning is more flexible for Main Street towns combining commercial with residential to create a "downtown" environment. Current Use: general contractors office, retail store (Hemp Store with 3-year lease with 2 renewals - NN), and residential units (annual leases & one month to month). Store tenant pays a CAM payment monthly. Residential Tenants pay metered electricity and communication expenses. All tenants have insurance. The Landlord's expenses are water/sewer, trash, taxes, and insurance. With an NDA information about leases and finances can be released. The property sold is "AS IS" and subject to current residential and commercial leases. New vinyl flooring was added in two units with fresh paint (one to be done when the tenant decides to vacate - currently this contract was extended). Please contact listing agents to show. Thank you for your interest.