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 (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 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. The property sold is "AS IS" and subject to all residential and commercial leases. Owner will negotiate, some. Price is firm.
Marshall is located in Virginia. Marshall, Virginia has a population of 3,114. Marshall is less family-centric than the surrounding county with 24.02% of the households containing married families with children. The county average for households married with children is 35.08%.
The median household income in Marshall, Virginia is $128,014. The median household income for the surrounding county is $111,368 compared to the national median of $69,021. The median age of people living in Marshall is 30.8 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 44.3 inches per year, with 20.3 inches of snow per year.
