11217 Lockwood Drive # 12-1 Silver Spring, MD $ 374,900
11217 Lockwood Drive # 12-1
$ 374,900
Share Save

11217 Lockwood Drive # 12-1

Silver Spring, MD, 20901
$ 374,900
Bedrooms-- Baths-- Sq 886

Monthly Estimate*

$ 2,308

11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 1
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 2
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 3
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 4
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 5
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 6
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 7
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 8
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 9
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 10
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 11
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 12
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 13
11217 Lockwood Drive # 12-1, Silver Spring, MD 20901 - Image 14

Commercial Property for sale in Silver Spring, MD

for $374,900. This 886 square foot building was built in 1986.

IMPROVEMENTS: Previous doctors office ideal for medical, office or retail uses. Condo unit 12-1 is currently built out as a medical office with waiting room, built in receptionist desk with granite counter, 4 offices, 3 sinks, bath, multiple closets and windows front, back and side. The HVAC closet also contains the electric panel, telephone, alarm and motion sensor controls. There are laminate floors throughout and 8 drop ceilings with florescent lighting. Unit has a +/-12-year-old heat pump and air handler that has been well maintained along with a +/- 30 gallon hot water tank. Ideal for owner/user buyer. The association installed a new roof a few months ago. The trash dumpster is located in the parking lot. FURNITURE: Most of the furniture can convey with the sale. CONDO FEE & 2025 R.E. TAX: Monthly condo fee of +/- $334 & annual real estate tax is $3,122. OCCUPANCY: Seller must provide a 90-day notice to a current tenant to vacate the space. Closing can be delayed if buyer desires the unit vacant at closing. Negotiable. SIGNAGE: As with many other units in the park (see picture below), the new owner can install a RETAIL BOX SIGN overtop the front entrance of the unit, thereby providing excellent signage and visibility. This is a rare opportunity that most office parks do not allow. PARK MANAGEMENT: This condo park is managed and maintained professionally with low condo fees. PARKING: This complex has a significant amount of non-assigned free on-site parking available to all units. Very few developments contain this amount of free parking for its owners and guests.

See more

Commercial Contingent

Price

$ 374,900

Property Type

Commercial

Taxes

$ 3,122

Style

Medical,Professional,/General Retail,Hair Salon an

Year Built

1986

Town/City

Silver Spring

County/Region

Montgomery

MLS | Web ID

MDMC2212292

Features
Interior
Heating Fuel Electric
Flooring Laminate Plank
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 1
See more
General
Sewer Public Sewer
Heating Central Heat Pump(s)
Cooling Central A/C
Utilities Phone Not Available Phone Connected Electric Available Cable TV
Possession 61-90 Days CD
Roof Composite
Zoning C2
Construction Materials Brick Front
Year Built 1986
Electric 120/240V
Unit Number 12-1
Property Subtype Office
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Business Type Medical Professional Other/General Retail Hair Salon and Spa
Building Name WHITE OAK PROF P
Accessibility 36 + wide Halls Level Entry - Main No Stairs
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Subdivision Name WHITE OAK PROFESSIONAL PARK
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions From Beltway exit on to Rt. 29 going North. Make a right on Lockwood Drive and proceed up the hill to the White Oak Professional Park sign just before New Hampshire Ave. Make a right into the park
City SILVER SPRING
Tax Annual Amount 3122.7
Property Condition Excellent
Price Per Sq Ft Total AG 423.14
Acceptable Financing Cash Conventional
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Estimated
See more
Exterior
Water Source Public
Type of Parking Off Site
Water View Y/N N
Building Area Total 886.00
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 11217
See more
* Excluded Features
List By
Commercial & Investment Realty Associates, Llc.

Broker

larry@cirealty.net

Email

Affordability Calculator

$2,568
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,308
Monthly Property Taxes
$260
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/4/2026$374,900 Listed Price

Map


See all

11217 Lockwood Drive # 12-1, Silver Spring, MD, 20901 is a Commercial Property for sale at $374,900 with 886 sqft. 11217 Lockwood Drive # 12-1 was built in 1986. The property's zip code is 20901 which is in Silver Spring, MD