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 and operating at a 7.2 CAP rate. The property is located on Main Street, between exits 17 and 18 of I66, approximately 60 miles from the DC area. The Marshall Town zoning allows for a combination of commercial and residential uses, fostering a downtown environment. The building encompasses 5422 square feet on an approximately 0.58-acre lot. A new 10-foot walking path easement along the western property line provides access to Main Street for new homes. The retail front commercial space is approximately 2200 square feet, with back units offering an additional approximately 3000 square feet for storage, offices, and staff space. The remaining square footage consists of historically residential apartments with annual leases. The commercial space is currently leased to a retail tenant (Popcorn Monkey) and a commercial kitchen (Badass Pickles) under a three-year lease with renewal option. The tenant contributes to electricity costs as a CAM payment monthly, covering 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.