8607 2Nd Avenue # 502-A Silver Spring, MD $ 353,804
8607 2Nd Avenue # 502-A
$ 353,804
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8607 2Nd Avenue # 502-A

Silver Spring, MD, 20910
$ 353,804
Baths0.0 Sq 946

Monthly Estimate*

$ 2,351

8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 1
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 2
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 3
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 4
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 5
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 6
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 7
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 8
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 9
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 10
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 11
8607 2Nd Avenue # 502-A, Silver Spring, MD 20910 - Image 12
Studio

Commercial Property for sale in Silver Spring, MD

for $353,804. This 946 square foot building was built in 1988.

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.

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Commercial Active

Price

$ 353,804

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 136

Style

Flex,Hair Salon and Spa,Institutional,Medical,Prof

Year Built

1988

Town/City

Silver Spring

County/Region

Montgomery

MLS | Web ID

MDMC2097904

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Heat Pump - Electric BackUp Forced Air Central
Cooling Central A/C Heat Pump(s)
Possession Coin w/Sell Sett
Zoning CBD2
Construction Materials Block Brick
Year Built 1988
Unit Number 502-A
Property SubType Office
Tax Year 2024
Percent Ownership Condominium
Cool Fuel Electric
Business Type Flex Hair Salon and Spa Institutional Medical Professional Religious Facility Other Theater
Accessibility 36 + wide Halls Elevator
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From 495 proceed inside the beltway on Georgia Ave. towards downtown Silver Spring. Make a right on Spring Street and go 2 streets. Make a left on 2nd Avenue. Property is on your left about 100 ya
City SILVER SPRING
Buyer Agent Compensation 3
NumberOfUnitsTotal 1
Waterfront Y/N N
Tax Annual Amount 136.0
Price Per Sq Ft Total AG 374.0
Vacation Rental Y/N N
Days on Market 365
Standard Status Active
Year Built Source Estimated
Legal Subdivision SECOND AVE PLAZA OFF CODM
Tax Lot P21
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Driveway On Street Public Garage Private Garage
Water View Y/N N
Building Area Total 946.00
Land Assessed Value 99300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 8607
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* Excluded Features
List By
Commercial & Investment Realty Associates, Llc.

Broker

larry@cirealty.net

Email

Affordability Calculator

$2,363
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,351
Monthly Property Taxes
$11
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2023$353,804 Listed Price

Map


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8607 2Nd Avenue # 502-A, Silver Spring, MD, 20910 is a Commercial Property for sale at $353,804 with 946 sqft. 8607 2Nd Avenue # 502-A is a studio with 0.0 baths and was built in 1988. The property's zip code is 20910 which is in Silver Spring, MD