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8387 W Main St

Successful Long Running Frame Shop For Sale in Premium Location

Listing Contacts

Active

Asking Price: $825,000
Address 

8387 W Main St, Marshall, VA 20115

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Date Added
Apr 18, 2024
Days on Market
343 days
Time Since Last Update
9 days

Details

Property TypeMixed Use, Multifamily, Office, Retail
SubtypeApartment Building, Storefront, Traditional Office
Square Footage1,648
Price/Sq Ft$1
Cap Rate16.12%
NOI$133,000
ZoningM-T
Lot Size (acres)0.44
APN6969-58-5384

Marketing Description

Step right in and have a lucrative business the day of closing or move your business in to this prime space! This can be a package deal and an incredible business opportunity which includes valuable real estate and a very successful frame shop business.​ Joan of Art has been in business since 1999 and has a very prominent list of well known and affluent clients.​ If you decide you don’t want to continue the frame shop, you can move your own business right in.​ Adorable and quaint older home with incredible history in the fast growing Village of Marshall.​ Great bones and well maintained with an inviting main level for the shop or office and a two bedroom apartment above with kitchen, bath & separate access.​ Additional cottage allows increased space for shop and equipment or could allow for a totally separate office or store.​ Large flat fenced backyard gives green space to relax or entertain.​ Multiple sheds and outbuildings provide storage space and adds to the historic feel.​ This is a rare opportunity to take over a business or begin your own with a stellar reputation & a prime spot in the heart of Marshall.​ Sit in your parklike backyard and listen to the church bells.​ The town will take you back to when things were simpler.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$133,000.00
$11,083.33/mo

Valuation Metrics

0
DSCR
16.12%
Cap Rate
16.12%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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