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.
Phone Available, Cable TV Available, DSL Available
Free, Paved Driveway, Unassigned
Brick Front, Combination, Brick and Siding, Concrete/Block, Stucco
The information being provided by the Coastal Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The data is deemed reliable but is not guaranteed accurate by the MLS.Listing information courtesy of Debbie Cloud of United Real Estate Horizon.
Listing information last updated on January 18th, 2019 at 8:45pm CST.