8414 W Main St,MARSHALL, VA 20115
MARSHALL, VA 20115
Description
MIXED-USE / INCOME-PRODUCING INVESTMENT OPPORTUNITY as an income-producing property - 6 total units. Commercial & Residential. 100% occupied. 7.5 CAP. 4% annual escalations. It has it all, existing income, occupancy and appreciation potential from gradual growth. Marshall is a charming small town with new business development and Van Metre's new homes (400+). Excellent Investment Opportunity on Main Street right between two exits on I66 (exit 17&18) less than 60 miles from DC Area. Options abound for this property as Marshall Town zoning in Northern Piedmont. You can continue to lease the property just as it sits as an income producer or make the upgrades to the property as a destination in this 2nd largest town in Fauquier County. This county prides itself on keeping development in its gradual growth areas and village/townships. The focus is ensuring the lifestyle of Northern Piedmont. Horse country, rolling hills, open spaces, wineries, and quaint small-town living add to the lure of Marshall. There are many possibilities to complement existing businesses. Tourists drive by heading to Skyline Drive or commuters return home from a busy day in Northern Virginia. "Marshall Town" (M-T) zoning is more flexible for Main Street towns combining commercial with residential to create a "downtown" environment. The building is 5422sf on an approx .58 acre lot. The new easement is 10ft walking path along the western property line for the new homes to access Main Street making this property a prime location. The retail front commercial space +/-2200sf with all the back units space for storage, offices and staff space totals +/-3000sf. The remaining square footage is historically residential apartments with annual leases. The current zoning is Marshall Town that combines commercial space (current tenant just started 2nd year of 3-year-lease with renewal - 2200sf), and residential units (tenants with annual leases - 100% occupied). The store tenant is retail store (Popcorn Monkey & Badass Pickles coming in 2026) and commercial kitchen (in production since early 2025). The tenant pays a portion of electricity as a CAM payment monthly with trash & WSA. Residential Tenants pay metered electricity and communication expenses. The Landlord's expenses are water/sewer, trash, taxes, & insurance. Property improvements include new metal roof in approximately 2010, new store HVAC in 2026, new store flooring in 2025, each residential unit flooring updated and painted in between tenants. Engineering work completed in 2023 with new easement and property line adjustment. The property sold is "AS IS" and subject to all residential and commercial leases. Price is firm.
Details
| MLS # | VAFQ2014738 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1929 |
| Days On Site | 670 |
| Listing Provided By | God & Country Real Properties | Debbie Sue Pomeroy Cloud |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Zoning | MT |
| Acreage | 0.57 |
| Property View | Street |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s), Baseboard - Electric |
Exterior
| Roof | Metal, Pitched |
|---|---|
| Security Features | Smoke Detector, Main Entrance Lock |
| Construction Materials | Brick Front, Combination, Brick, Concrete, Stucco, Mixed |
| Foundation Details | Block |
| Lot Features | Road Frontage, Rear Yard |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Unassigned |
Utilities
| Utilities | Phone Available, Cable TV Available |
|---|
Taxes
| Tax Annual Amount | 5405 |
|---|
Area Information
| State | VA |
|---|---|
| County | FAUQUIER VA |
| City | MARSHALL |
| Zip Code | 20115 |
| Area | FAUQUIER VA |
| Community Name | MARSHALL |
| School District | FAUQUIER COUNTY PUBLIC SCHOOLS |
| Elementary School | COLEMAN |
| High School | FAUQUIER |
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Learn More About This Property
| State | VA |
|---|---|
| County | FAUQUIER VA |
| City | MARSHALL |
| Zip Code | 20115 |
| Area | FAUQUIER VA |
| Community Name | MARSHALL |
| School District | FAUQUIER COUNTY PUBLIC SCHOOLS |
| Elementary School | COLEMAN |
| High School | FAUQUIER |
 | $1,250Marshall, VA 20115 |