8414 W Main St Marshall, VA 20115

This mixed-use property in Marshall, Virginia, presents an investment opportunity with six total units, currently 100% occupied. The property operates at a 7.7 CAP rate with 4% annual escalations. Situated on Main Street between two I66 exits, less than 60 miles from the DC area, the property benefits from its location in a charming small town experiencing new business development and the construction of over 400 new homes. The Marshall Town zoning allows for flexible use, combining commercial and residential spaces to foster a downtown environment. The building spans 5422 square feet on approximately 0.58 acres. A new 10-foot walking path along the western property line will provide access to Main Street for the new homes, enhancing the property's prime location. The retail front commercial space measures approximately 2200 square feet, with back units offering around 3000 square feet for storage, offices, and staff space. The remaining square footage comprises historically residential apartments with annual leases. The current zoning supports a combination of commercial and residential use. The commercial space, leased for three years with renewal options, is occupied by a retail store (Popcorn Monkey) and a commercial kitchen (Badass Pickles), with plans to open before March 2026. The commercial tenant covers a portion of the electricity as a CAM payment monthly, along with trash and WSA. Residential tenants are responsible for metered electricity and communication expenses. Landlord expenses include water/sewer, trash, taxes, and insurance. The property is sold "AS IS" and is subject to all existing residential and commercial leases.