8414 W Main Street

    MARSHALL, VA 20115
    • $979,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: VAFQ133256
    UPDATED: 123 min ago
    $979,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1929
    County:

    School Information

    Middle School:
    High School:

    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.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-01-16T18:01:36.43.
    www.darthomes.com/homes/90773340

    8414 W Main Street MARSHALL, VA 20115

    • Price: $979,000
    • Status: Active
    • Updated: 123 min ago
    • ID#: VAFQ133256
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1929
    Built
    Neighborhood:
    Marshall Town
    County:
    Fauquier
    Middle School:
    Marshall
    High School:
    Fauquier
    School District:
    Fauquier County Public Schools
    Property 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.
    Exterior Features

    Architectural Style Other Construction Materials Brick FrontCombinationBrickConcreteStuccoMixed Direction Faces South Garage YN No Location Type Downtown Lot Features Road FrontageRear Yard Other Equipment Some Parking Features FreePaved DrivewayUnassigned Parking Types Off StreetDrivewayOn Street Property Condition As-Is Condition Riparian Rights YN No Road Responsibility PublicStateEasement/Right Of Way Road Surface Type PavedAccess - On Grade Roof MetalPitched View Street Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Basement YN No Building Area Total 5422.00 Building Features KitchenMeeting RoomsSignage AllowedDisplay Window Cooling Central A/C Fireplace YN No Flooring Ceramic TileWood Heating BaseboardHeat Pump(S) Heating YN Yes Inclusions Parking Included In ListpriceParking Included In Saleprice Leasable Area 5190 Net Square Feet 5190.00 Security Features Smoke DetectorMain Entrance Lock

    Property Features

    Acceptable Financing NegotiableLease Purchase Accessibility Features 2+ Access ExitsLevel Entry - Main Assessment Year 2018 Association YN No Business Type RetailConvenience StoreRestaurantProfessional/OfficeMedicalInvestmentApartment BuildingBar/Tavern/LoungeFlorist/NurseryFood & BeverageProfessional Service Central Air YN Yes Condo YN No Cooling Fuel Electric Current Use CommercialConvenience StoreMulti Residential Electric 120/240V Entry Level 1 Foundation Details Block Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Na - Fauquier County - Marshall is Not incorporate Lease Considered YN Yes Load Other Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 301265831178 Owner Pays InsuranceTaxes - Real EstateRepairsSewerTrash CollectionWater Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 4223.54 Tax Assessment Amount 401800.0 Utilities Phone AvailableCable Tv AvailableDsl Available Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning Marshall - Town Zoning Description Commercial - Industrial - Residential

    Listing courtesy of United Real Estate Horizon.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-01-16T18:01:36.43.
     
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