8607 2Nd Avenue # 501-A Silver Spring, MD $ 370,260
8607 2Nd Avenue # 501-A
$ 370,260
Share Save

8607 2Nd Avenue # 501-A

Silver Spring, MD, 20910
$ 370,260
Baths0.0 Sq 990

Monthly Estimate*

$ 2,461

8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 1
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 2
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 3
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 4
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 5
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 6
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 7
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 8
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 9
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 10
8607 2Nd Avenue # 501-A, Silver Spring, MD 20910 - Image 11
Studio

Commercial Property for sale in Silver Spring, MD

for $370,260. This 990 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.

See more

Commercial Active

Price

$ 370,260

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 136

Style

Flex,Hair Salon and Spa,Institutional,Medical,/Gen

Year Built

1988

Town/City

Silver Spring

County/Region

Montgomery

MLS | Web ID

MDMC2097914

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Number of Elevators 2
See more
General
Sewer Public Sewer
Heating Central Heat Pump - Electric BackUp
Cooling Central A/C
Possession Coin w/Sell Sett
Zoning CBD2
Construction Materials Brick Block
Year Built 1988
Unit Number 501-A
Property SubType Office
Tax Year 2024
Percent Ownership Condominium
Cool Fuel Electric
Business Type Flex Hair Salon and Spa Institutional Medical Other/General Retail Professional Religious Facility Other
Accessibility 36 + wide Halls Elevator
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located in Downtown Silver Spring. From 495 proceed inside the beltway towards Spring St. Make a right on Spring Street and go 2 blocks make a left on 2nd Ave. and property is on your left.
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
See more
Exterior
Water Source Public
Type of Parking On Street Parking Lot Private Garage Public Garage
Water View Y/N N
Building Area Total 990.00
Land Assessed Value 103900.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 8607
See more
* Excluded Features
List By
Commercial & Investment Realty Associates, Llc.

Broker

larry@cirealty.net

Email

Affordability Calculator

$2,472
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,461
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2023$370,260 Listed Price

Map


See all

8607 2Nd Avenue # 501-A, Silver Spring, MD, 20910 is a Commercial Property for sale at $370,260 with 990 sqft. 8607 2Nd Avenue # 501-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