8414 W Main St, Marshall, VA 20115
For Sale
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This 5,700 square foot commercial property located at 8414 W Main Street in Marshall, Virginia, presents a unique opportunity. Currently configured as a creative office space, this multi-tenant building sits on a 5.8-acre lot and offers 2,200 square feet of immediately available space. Built in 1929, the building has seen a variety of uses, including a deli, general store, pool hall, and tobacco shop. The property is zoned "Town," allowing for a wide range of uses, including but not limited to: pub, restaurant, retail, office, medical, or wellness center. An additional approximately 2,500 square feet of adjacent back space is available for lease, totaling approximately 4,700 square feet for $3100/month. The landlord is willing to offer rent credits to assist with tenant build-out. The property benefits from its convenient location off I-66 between exits 27 and 28, and recent town improvements including new homes and Main Street enhancements. A new walking path easement provides convenient access from nearby townhouses and new housing developments. Utilities include water, sewer, trash, taxes, and insurance paid by the landlord. The tenant is responsible for electric, internet, cable, and other business services. A long-term lease is preferred, with options for first right of refusal or purchase available. The property is also for sale, subject to existing leases. The building is leased "as is." A CAM payment will be negotiated based on the tenant's utility usage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Marshall, VAMarshall. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.