Check Availability
$370,260
Commercial - For Sale

8607 2ND AVE #501A

SILVER SPRING, MD 20910
bedrooms
Studio
bathrooms
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.
Unit Size
-
Days on Market
320 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$11
HOA Dues
-
Year Built
-
Listed By
Lawrence Rosen
Commercial & Investment Realty Associates, LLC.
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
-
Commercial
Loft
-
-
$353,804 Jun 22, 2023
-
-
Commercial
Loft
-
-
$325,000 Sep 8, 2023
-
-
Condo
1 Bed
1 Bath
751 ft²
$426/ft²
$320,000 Dec 11, 2023
-
-
Condo
2 Beds
1 Bath
1,020 ft²
$343/ft²
$350,000 Dec 7, 2023
-
-
Condo
2 Beds
2 Baths
1,085 ft²
$378/ft²
$410,000 Oct 13, 2023
-
-
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

Building Info

8607 2nd Avenue 8607 2nd Avenue, Silver Spring, MD 20910
  • 3 Units for Sale
More about this Building
8607 2nd Avenue
Want to find out who owns 8607 2nd Avenue, Silver Spring, MD 20910? Get detailed property transactions here .

About Silver Spring


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