Silver Spring MD Real Estate & Commercial for Sale

1007 University Blvd. Takoma Park, Md. COMMERCIALLY ZONED PROPERTY IDEAL FOR OFFICE, RETAIL, MEDICAL or OTHER USES! Once the residential lease expires in Nov. 30, 2026 this building can be converted to commercial uses just like all the other similar adjacent buildings are. THIS IS RARE OPPORTUNITY TO ACQUIRE A BUILDING ALONG THIS STRIP AT A REDUCED PRICE LIKE THIS. ACT QUICK IT WON'T LAST LONG. PURPLE LINE METRO WILL BE ACROSS THE STREET. SEE FULL PACKAGE ATTACHED. Improvements: This 3,360 s.f. above grade, plus partial basement, freestanding structure is divided into 4 equally sized (+/- 840 s.f.) units (2 bedroom, 1 bath) currently fully rented out to low-income residential tenants. This building is ideal for an investor or future office or retail owner occupant or redevelopment. Each space is fully self-contained with its own HVAC unit, bathroom and front and rear entrances. Each floor can easily be combined to create 1,680 s.f. spaces on each level. Sewer, water, gas and electric serve the property. Property has a flat roof. The 5 parking spaces and driving areas are paved. The interior of each unit is in good condition and its obvious the building has been maintained well. Gas heat and water with electric air conditioning for each unit. There is a 200-amp electric panel, 5 electric and 5 gas meters. There is a partial basement with two rooms containing a small laundry area and the other contains two gas fired hot water heaters and other equipment. Each room has a sump pump. There is a laundry company that supplies and maintains the washer and dryer and splits the revenue with the owner. Major Repairs: Over the past +/- 3 years the previous owner has spent about $80,000 and completed major repairs to include the following: totally renovated all 4 units, paint, flashing and replacing some windows, rebuild front and back porches, roof repairs, rehab laundry room, replaced some doors, replace sump pump, repairs to HVAC units and more. Lead Free Building: Maryland Department of the Environment has certified this property Lead-Free.

804 Pershing Drive, Unit 104 - 2,155 s.f. IMPROVEMENTS: This is a street level, first floor, walk in medical/office condo in Downtown Silver Spring. This modern sprinklered unit contains 3 enclosed offices, a large conference room, kitchenette, HVAC / IT room, foyer, closets and plenty of open work space or one could add several additional windowed offices. The unit includes two contiguous storage units measuring 108 s.f. The main building entrance provides direct access to this unit. This corner unit has carpet flooring throughout has drop ceilings with florescent lighting. There are 2 separately controlled HVAC units and occupants have 24/7 access to the building.

IMPROVEMENTS/PARKING: Very attractive unit facing 2nd Avenue and easily accessible right off the elevator! This unit is divided up into 3 - 4 offices, reception area, kitchenette, 1/2 bath and more. The common hallways and offices have either hardwood or laminate flooring. 24/7 access and control of your own HVAC. The unit has its own separate heat pump, air handler, water heater and electric meter. Very attractive and comfortable appearance. Ready for quick occupancy. The trash dumpster is located in the rear of the parking area. Ideal for an owner user, as the space will be vacant at settlement. This sale includes 1 covered parking space in the complex, space P-14. ZONING: CR zone. A wide variety of commercial uses are allowed in this zoning. Ideal for office and service uses. SALE: $349,900 REAL ESTATE TAX / CONDO FEE: 2024 real estate tax $3,826. Current condo fee is $481 / month. LOCATION: The property is located directly across from the Fenwick apartment complex on 2nd Avenue between Spring Street and Fenwick Lane. The Silver Spring Metro Station is 3 blocks from the property. The unit is accessible via stairway or elevator. The future Purple Line station will be 3 blocks from the property once complete. SIGNAGE/COMPLEX: Occupant is allowed signage on the directory signs located as you enter the complex near the elevators and a brass sign on the unit door. The complex has two elevators, which allows for ADA access. LEGAL: Tax Map JN 23, Second Ave. Plaza Phase 1 Subdivision, Block 10, Lot P21, unit 401 & P-14. District 13 Account Numbers 02541795 & 02542312.

If an investor purchased this building once fully leased at the current asking rental rate this would provide approximately an 8% cap rate return. IDEAL FOR OWNER OCCUPANT BUYER OR INVESTMENT: The 2nd floor and rear lot are leased for an office use for the sale of used vehicles. Its a 5-year lease commencing April 1, 2025 with 4% annual increases paying $3,000 a month, plus utilities. Buyer could occupy the first floor and basement or rent it out. IMPROVEMENTS: This is a highly visible retail/office building located on Sligo Avenue between Fenton Street and Piney Branch Road. Occupants can have signage along the street or on the face of the building. Owner is currently remodeling the first floor for the next tenant. 2nd floor is already fully remodeled. First floor will have all new: windows, bathroom, laminate floor, fully functioning air conditioning and heat, paint and more. The first-floor tenant will have on site parking in front of the building and there is also free on street parking. See the floor plans attached. FOR LEASE - FIRST FLOOR & BASEMENT: First floor, with +/- 9 ceilings, contains 5 individual rooms and a large rear area. There is access to the basement through an interior stairway or direct access from the rear parking lot. The basement is unfinished with +/- 69� ceilings and ideal for storage. This space comes with 3-4 parking spaces in front of the building. Landlord is starting to remodel this space in mid-March. SECOND FLOOR OFFICE: The leased second floor is completely remodeled with new windows, new laminate floors, new bathroom with shower, hookup for an additional sink and painted. 82� ceiling height. REAR PARKING LOT: There is a large paved rear parking lot leased to the 2nd floor tenant. ZONING: CRT zoning, a wide variety of commercial uses are allowed in this zoning. Ideal for service uses, retail or office uses. REAL ESTATE TAX: 2024 real estate tax is $6,576. LAND / BUILDING: 1,998 s.f. of building above grade, plus lower level on 6,908 s.f. of land. LEASE PRICE: First Floor & Basement - $3,000 / month, plus electric and cleaning its own space. SALE PRICE: $795,000

Make an offer, don't be shy, Lender Credit $10k pulse seller credit $5K this is a good opportunity if your buyer is shorty of cash, This place could be used as an OFFICE or headquarters location, it has flexible zoning that allows for a variety of businesses, and the land allows for 4 townhouses or one multi-unit building. or you can simply buy it as a residential house. The seller is offering $5,000 to repair the front roof column of the house that was damaged in the recent snowstorm.

This exceptional 9,700 sq. ft. commercial property in the heart of Downtown Silver Spring offers a prime opportunity for business owners seeking a modern and versatile space. Built in 2010 and currently operating as a retail clothing store, the building boasts three expansive levels designed to accommodate a variety of uses. The lower level is accessible via a stunning oversized staircase, making it ideal for retail, showroom, or creative space. The main level features an open floor plan, perfect for showcasing products in a high-traffic area, while the upper level, with its separate staircase entrance and elevator access, provides an excellent opportunity for office or additional retail use. Located near the Metro, this property ensures effortless access for customers and employees. With its flexible design potential, this dynamic space offers the perfect blend of functionality and visibility. Adjacent to 700 parking space garage coming soon. Schedule a private tour today and see how this prime property can elevate your business!!!

An excellent opportunity awaits in the bustling Wheaton and Silver Spring area! This restaurant, perfectly located in a prime spot with high foot traffic and strong community engagement, is ideal for a new owner looking to step into the thriving local dining scene. The previous owner is offering support to facilitate the transfer of the liquor license, ensuring a smooth transition for the new business. However, the restaurant's current name will not be transferred, allowing the new owner the creative freedom to establish their own unique brand and identity. This is a fantastic chance to bring your vision to life in a vibrant area known for its diverse and dynamic dining culture. Whether you're an experienced restaurateur or an aspiring entrepreneur, this opportunity is ready for you to make your mark!

USER BUILDING SELLER FEELS BUILDING CAN BE DELIVERED VACANT FOR A USER FOR SALE IDEAL FOR LOUNGE, RESTAURANT, EVENT CENTER, RELIGIOUS USES, ETC. 5,843 Sq. Ft. 8216 Georgia Avenue Silver Spring, Maryland 20910 TENANT: Entire property is leased to Third Hill Brewing Co. BUT CAN BE DELIVERED VACANT. This is a NNN lease except landlord covers the fire insurance cost. Tenant pays real estate tax, utilities, all maintenance including roof, structure, HVAC and other interior components. SQUARE FEET: 5,843 s.f. of building at street level. The property contains +/- 7,062 square feet of land. SALES PRICE: $3,500,000 REAL ESTATE TAX / INSURANCE: 2023 real estate taxes of $22,045 paid by tenant & building insurance of $1,482 paid by landlord. IMPROVEMENTS: This is a single level in-line cinderblock and brick retail building facing Georgia Avenue in downtown Silver Spring. There are multiple access points from the front, side and rear. The space is wheelchair accessible from a ramp along the side of the building and the building is sprinklered. The primary structure was built around 1922, however in 2017 the building was gutted and completely redesigned for its current use and brought up to code. There are two HVAC package units (10 ton and 5 ton) with gas fired furnace heat and electric A/C on the roof and interior ductwork providing central heat and air. The floors are smooth concrete. The roof is a white TPO rubber system with R-25 rigid insulation. The interior is designed in sections that include the large Tap Room in the front along Georgia Ave., the large rear Brewery Room, exterior dining/gathering area, a kitchen, two large bathrooms, large walk-in cooler, office, storage and trash room. The Tap Room contains seating for +/- 60 people with plenty of additional standing room as well, along with exterior elevated seating with a full canopy above with 4 large tables that can accommodate an additional +/- 24 people. The Tap Room has a bar / counter, 16 beer taps, hand sink, dishwashing station, customer water dispenser and two large glass panel roll up doors that provide an open and airy sensation to the space. There are high ceilings throughout the building. The large Brewery Room contains multiple stainless steel fermenter tanks and brewing equipment. This area has high ceilings, skylights, floor drain, storage, etc. There is a large open area allowing people to gather and view the activities within this space. There is a Kitchen area (+/- 216 s.f.) for assembling of prepared foods. This room contains 4 refrigerators, 3 compartment sink, 2 handsinks and counters. There is no hood system. There is a large walk-in cooler (+/- 400 s.f.) for storage of kegs and other beverages. SECURITY AGREEMENT: In the event of a default under the lease by tenant, landlord holds a lien on tenants equipment. A full list of the secured items can be provided as needed.

Seller is selling both units 501A and 502A together for a combined 1,936 sq. ft. unit with 2 deeded parking spaces at 8607 2nd Avenue, Silver Spring, Md. 20910 for $725,000 or $374 p.s.f. These units have the most desirable location in the park as they face 2nd Avenue and the elevator is next to the units front doors. These units are ideal for a use needing large open rooms or one can build offices to suit their needs. The largest room currently is +/- 600 s.f. additionally the space contains 2 large offices/conference rooms, 1 office, 1 large open area, kitchenette with 2 sinks / counter and cabinets space, 2 bathrooms and storage space. There are 2 separate HVAC units providing the unit with 24/7 temperature control. The unit conveys with two deeded parking spaces in the building and the County garage is about a block away. The monthly condo fees are $502 for unit 501 and $521 for unit 502. The current owner is a nonprofit entity and doesnt pay real estate taxes. As an estimate only, we estimate the property taxes at +/- $3,750 for each unit. The complex has two elevators, which allows for wheelchair access. Occupant can place office trash in the dumpster located in the rear of the parking area. CR zoning permits a wide variety of commercial uses. See floor plan in the pictures. Call Agent for full marketing package.

Seller is selling both units 501A and 502A together for a combined 1,936 sq. ft. unit with 2 deeded parking spaces at 8607 2nd Avenue, Silver Spring, Md. 20910 for $725,000 or $374 p.s.f. These units have the most desirable location in the park as they face 2nd Avenue and the elevator is next to the units front doors. These units are ideal for a use needing large open rooms or one can build offices to suit their needs. The largest room currently is +/- 600 s.f. additionally the space contains 2 large offices/conference rooms, 1 office, 1 large open area, kitchenette with 2 sinks / counter and cabinets space, 2 bathrooms and storage space. There are 2 separate HVAC units providing the unit with 24/7 temperature control. The unit conveys with two deeded parking spaces in the building and the County garage is about a block away. The monthly condo fees are $502 for unit 501 and $521 for unit 502. The current owner is a nonprofit entity and doesnt pay real estate taxes. As an estimate only, we estimate the property taxes at +/- $3,750 for each unit. The complex has two elevators, which allows for wheelchair access. Occupant can place office trash in the dumpster located in the rear of the parking area. CR zoning permits a wide variety of commercial uses. See floor plan in the pictures. Call Agent for full marketing package.