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Vilas Wright
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Marshall VA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Marshall, VA is $550,000. This is higher than the county median home value of $405,500. The national median home value is $277,796. The average price of homes sold in Marshall, VA is $550,000. Approximately 54% of Marshall homes are owned, compared to 35% rented, while 11% are vacant. Marshall real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Marshall real estate agent to arrange a tour today!
Learn more about Marshall Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
VAFQ2001912
Type:
General Commercial
Subdivision:
Marshall Town
Lot size:
0.56 Acres
Year built:
1929
Courtesy: United Real Estate Horizon
View additional info

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.

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