bedrooms |
full baths
0.56 ACRES
Year Built: 1929
ACTIVE
BACK ON THE MARKET - Excellent Investment Opportunity - current 8 CAP! 100% occupancy. Older historic property for sale that can be upgraded or left AS IS generating income. Options abound in this expanding area. Come out and see this Small Town Community as 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. The building is 5422sf on a .56acre lot. There is an easement between properties for the new homes to access Main Street making this property a prime location. The general store/retail front commercial space +/-2200sf. The total backspace plus general front space +/-3000sf. "Marshall Town" zoning is more flexible for main street towns combining commercial with residential to create a "downtown" environment. Current Use: general contractors office, CBD retail store (3-year lease with 2 renewals - NN), and residential units (annual leases). Store tenant pays a CAM payment monthly. Residential Tenants pay metered electricity and communication expenses. The Landlord's expenses are water/sewer, trash, taxes, and insurance. Property sold is "AS IS" and subject to current residential and commercial leases. The Sellers' attorney is working with the county to remedy the encroachment and finalize the easement.
Property Details
MLS #
VAFQ2001912
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$1,200,000
Year Built
1929
Lot Acreage
NA
Subdivision
MARSHALL
City
MARSHALL
County
FAUQUIER
Water Source
Public
Sewer
Public Sewer
Zoning
MARSHALL
Exterior Details
Home Type
Parking
Driveway
On Street
Interior Details
Interior Space
sq ft
Heating
Electric - Heat Pump(s)
Cooling
Electric - Central A/C
Hot Water
Electric
Flooring
Ceramic Tile
Wood
Accessibility Features
2+ Access Exits,Level Entry - Main
Financial Details
County Tax
$4,563.00
Special Tax Assessment
$0
Tax Year
2022
Total Assessment
$505,300
Total Taxes
$4,563
School Information for Fauquier County Public Schools
Elementary Middle School High School
COLEMAN MARSHALL FAUQUIER
Listing Courtesy of
Listing Office
United Real Estate Horizon
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Erin Mendenhall, RealtorĀ®
Mendenhall Properties
CENTURY 21 - NEW MILLENIUM
6631 Old Dominion Drive
McLean 22101
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