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Map
$370,260
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Commercial -
For Sale
8607 2ND AVE #501A
SILVER SPRING, MD 20910
Studio
0 Bath
$1,819
Estimated Monthly
$0
HOA / Fees
About This Property
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 unit's 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 doesn't 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.
These units have the most desirable location in the park as they face 2nd Avenue and the elevator is next to the unit's 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 doesn't 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.
Unit Size
-
Days on Market
320 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$11
HOA Dues
-
Year Built
-
Listed By
Last updated: 4 months ago (Bright MLS #MDMC2097914)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 22, 2023 | Listed by Commercial & Investment Realty Associates, LLC. | $370,260 | |
Listed by Commercial & Investment Realty Associates, LLC. |
Property Highlights
Elevator
Air Conditioning
Parking Details
Parking Features: On Street, Parking Lot, Private Garage, Public Garage
Total Garage and Parking Spaces: 2
Exterior Details
Property Information
Ownership Interest: Condominium
Year Built Source: Estimated
Building Information
Construction Materials: Brick, Block
Lot Information
Tidal Water: N
Land Information
Land Assessed Value: $346,500
Financial Details
Tax Assessed Value: $346,500
Tax Year: 2023
Tax Annual Amount: $136
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Central, Heat Pump - Electric BackUp
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
744 ft²
$488/ft²
$363,000
Apr 20, 2023
$363,000
Jul 14, 2023
-
Condo
2
Beds
2
Baths
804 ft²
$496/ft²
$399,000
Jun 1, 2023
$399,000
Aug 10, 2023
-
Condo
2
Beds
2
Baths
804 ft²
$507/ft²
$408,000
May 3, 2023
$408,000
Jul 10, 2023
-
Condo
2
Beds
2
Baths
850 ft²
$500/ft²
$425,000
Jun 27, 2023
$425,000
Aug 11, 2023
-
Condo
2
Beds
1
Bath
750 ft²
$430/ft²
$322,500
Sep 14, 2023
$322,500
Nov 3, 2023
-
Condo
2
Beds
1
Bath
750 ft²
$427/ft²
$320,000
Jul 12, 2023
$320,000
Aug 7, 2023
-
In Contract
Condo
2
Beds
1
Bath
750 ft²
$413/ft²
$309,900
Nov 10, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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