Excellent Immediate Opportunity for Owner/Occupier Office Space. Ability to Add Additional 2,000 SF to Existing Structure. Redevelopment Opportunity for a Variety of Residential and Commercial Uses.
Downtown Silver Spring Value-Add Mixed-Use Redevelopment in Opportunity Zone Purchase an office building in a newly up-zoned Commercial Residential Zone, in close proximity to Metro rail and Metro bus on well-traveled Eastern Avenue bordering Washington, DC. Property sits in a Priority Funding Area and benefits from recent expansion of uses per 2022 Amended Comprehensive Plan through the Silver Spring Downtown and Adjacent Comprehensive Plan. The amended plan allows for a 4 FAR or 24, 000 SQFT building potential. The building is currently 16,000+/- SQFT. Additionally, approved Zoning Code Amendments make this location ripe for repositioning or redevelopment. Approved transit and roadway improvements are value-ads, as they will allow for greater connectivity throughout the 8 distinct districts making up Downtown Silver Spring. Moreover, environmentally and security-focused design on the multi-modal trails/paths and roadways have an emphasis on storm water management and cooling roadways mechanism like right of way rain gardens, and expansion of tree canopy on pedestrian connector roads, sidewalks and roadways. Recently passed Montgomery County legislation will allow greater density in the split-zoned (CR-3, C-3, R-3, and H-125) location. Proximity to the abutting Kennett Street Garage & Parking Lot opens up opportunity for multiple redevelopment possibilities to include: Institutional Uses Residential Health Education Philanthropic Cultural Charitable Specialty Uses Family Day Care Hospital Educational Private Club/Service Organization Religious Assembly Restaurant Hotel/Motel Dental Labs Research and Development (R&D) Health Club Radio Facility
Grosvenor Place Condominium, an investment opportunity of a lifetime! This commercial North Bethesda property is now available after 24 years! This is your chance to own 1 of only 2 commercial units in the building! Super location with ample free parking and metro access through the building! effortless access to 495 & 270! the location is unparalleled. This unit has a lower condo fee then most properties in MOCO @ $663 monthly! Ideal for entrepreneurs and businesses such as doctors, dentists, law firm, CPA, engineering, insurance and as owner -operated today the Grosvenor hair salon. This property has endless possibilities... The hair salon is located below the Grosvenor Market (landmark) and next door to the dry cleaner. Captured audience of 400 plus residents in this building and several hundred residents within a 5-minute walk. A separate entrance and building access allow for easy access. Mr. Pulupa is a world-recognized hairstylist in the DMV. He would welcome the opportunity to stay on as a MENTOR to the new business owner should this remain a hair salon. While reviewing this listing, the condo fee is referred to as the recreation fee in the listing. Go & show with 1 hour notice, see showing instructions. Respect the current business please.
INVESTMENT HIGHLIGHTS: Leased - Month to Month. Can extend to long term contract or vacate as owner/user. Easy access - minutes from several major highways (495 / 95 / 97 / 301) Convenient location - less than 30 minutes to Baltimore / Washington DC / Annapolis Package together with 8415 Zug for expanded use (approx 35,000 sq ft total) 20,000 square feet
INVESTMENT HIGHLIGHTS: Leased - Month to Month. Can extend to long term contract or vacate as owner/user. Easy access - minutes from several major highways (495 / 95 / 97 / 301) Convenient location - less than 30 minutes to Baltimore / Washington DC / Annapolis Package together with 8420 Zug for expanded use (approx 35,000 sq ft total) 14,625 square feet
Price now includes 1 parking space! Talk about a profit margin! This shovel-ready MU-4 property includes all the architectural, structural, & MEP PLANS with PERMITS to build a 6 unit, 4,501 sq ft Condominium Building. According to the Plans (available in Docs), the Area Schedule (FAR) is 3,076 sq ft and the Area Schedule (GBA) is 4,529 sq ft. ------------------ Unit 1 is designed as a 712 sq ft two bedroom, two bathroom condo. Unit 2 is a 469 sq ft one bedroom, one bathroom condo. Unit 3 is a 574 sq ft one bedroom, one bathroom ground floor commercial space. Unit 4 is a 463 sq ft one bedroom, one bathroom. Unit 5 is a 689 sq ft two bedroom, one bathroom condo. Unit 6 is a 1,264 sq ft three bedroom, 2 bathroom condo. There is a private roof deck on the 2nd and 3rd floors, a balcony on the 4th floor, and a private roof deck at the penthouse level. Consider working with riversmart homes to make the green rooftop and it may be subsidized. ------------------ Directly to the South, 7700 Georgia Ave NW is a newly completed 33-unit condominium building. All 33 units combined are selling for $16,600,800 with an average unit price of $503,055. ------------------ Another great example of new construction resale values is the recently built Brooks Condominiums located at 6803 Cameron Dr NW. These 2bd/2ba condos sold from $639,900 to $943,200. The average closed sales price was $760,114 and the average sold price/sqft was $724.14. ------------------ Multiply the average price/sqft ($724.14) by the sellable sq ft of this development (4,171 sq ft) and the ARV is $3,020,388. This indicates a huge spread from the asking price! ------------------ The project is centrally located in the coveted Shepherd Park neighborhood of DC across the street from the Tomoka Coffee House on Georgia Ave NW. Thanks to its sought after location, future residents will enjoy all that Downtown Silver Spring and Takoma Park have to offer: shops, restaurants, gyms, parks, Farmerâs market, grocery stores, The Commas Food Hall, AFI Theater, The Fillmore, and all the new development at The Parks at Historic Walter Reed (a one billion dollar project that will feature a combination of over three million square feet of dining, retail, office space, residential, and over 20 acres of open space). ------------------ Everyone loves fresh air. Future ownerâs can enjoy time outdoors jogging, biking, horseback riding, and various playgrounds and picnic sites at nearby Rock Creek Park, Juniper Trailhead, and Jesup Blair Park. ------------------ Located on several main arteries, with quick access to downtown DC, just a 15 minute walk to the Silver Spring Metro Station (Red Line and future Purple Line), and less than 2.5 miles from the 495 beltway; this neighborhood provides easy accessibility for any commuter. With a walkscore of 90 (walkerâs paradise), most errands can be accomplished on foot. And as The Parks at Historic Walter Reed are completed, that score is only going to go up. ------------------ Dining in Silver Spring is extremely varied, including American, African, Burmese, Ethiopian, Moroccan, Italian, Mexican, Salvadoran, Jamaican, Vietnamese, Lebanese, Thai, Persian, Chinese, Indian, Greek, and fusion restaurants, as well as many national and regional chains. ------------------- Disclaimer: All information is deemed reliable but not guaranteed; buyer to do their own due diligence.
LOCATION, LOCATION, LOCATIONâ¦.. DETACHED COMMERCIAL RAMBLER IN PRIME LOCATION FOR MAXIMUM VISIBILITY. WAS RECENTLY USED AS AN ALLSTATE INSURANCE OFFICE. PROPERTY IS IDEAL FOR REDEVELOPMENT ESPECIALLY AFTR THE CONSTRUCTION OF THE PURPLE LINE AND THE CENTRAL KENILWORTH REVITALIZATION PROJECT. DONâT MISS OUT ON A TREMEDOUS OPPROTUNITYâ¦â¦..
Here is a great opportunity to own a unique circa 1920 Arts and Crafts style property in the heart of the Historic District of the City. This Commercial property has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency) and over 3,000 square feet of space, and 1 retail store with 1100 square feet of space on 2 levels. Just a half-mile stroll to Takoma Metro Station and nearby restaurants and stores are located all around you. Enjoy the July 4th parade from the front porch and the Takoma Street Festival in front of your door and easy access into Washington, D.C.
***Price Reduced*** Office building for sale in the heart of Takoma Park. This building is larger than most office buildings in the 20912 zip code. The building features 22 offices, 3 conference rooms, 2 kitchenettes, 1 full kitchen, 1 large workout area with full bathroom with shower. Previous occupant was a medical staffing company.
PRICE ADJUSTMENT! Established, modern 2-level multi-use building located in a prime business location with booming development all around. Prominently situated within walking distance to the all-new multi-phase development; The Parks at Historic Walter Reed with a new Whole Foods Market. The Parks is a major, one billion dollar project in development. Strong potential for increased foot traffic and values as part of the vibrant and progressing Brightwood neighborhood. This turn-key property is subject to one residential lease ending 2/29/2024. The retail space is vacant. The updated storefront unit is built out into a hair salon that originally opened in 1999 and remodeled in 2012. It features a large open space with LVP flooring, modern lighting, 6 stylist stations, an esthetician station, 3 shampoo stations and multiple hair drying stations, a half bath, and a staff lounge/storage area. The upper level offers a fully remodeled open floor plan unit with 2 bedrooms, Den, 1 full bath, an attractive open kitchen with stainless steel appliances (two ovens), granite countertops, large center island with granite, hardwood floors, stacked washer and dryer, trendy metal stair railing â urban charm! The exterior offers a large private deck, 1 parking space in the rear of the building and ample street parking. There is also a basement area where the utilities are housed. Units are separately metered. This offering is a rare opportunity to acquire a self-sufficient real estate investment with strong property management. Are you a seasoned stylist or barber and ready to step into your destiny of salon ownership â do not miss this fantastic opportunity! Become an owner occupier, live upstairs and work while running your salon or other business downstairs. Property being sold AS-IS. Weekend showings require 24 hoursâ notice. All showings by appointment.
1.46 acres of W-2 raw land. Currently under final site plan and grading permit review with AA County. We sited a 40x60 ft building on the lot. Septic plan approved. It is on a paved road. Other contractor yards abutt the property. We will assign the permit to the Buyers to secure their own bonding , etc. Includes Tax#515302745400,515390245024,515390256078 This zoning is extremely hard to come by. Have a site plan and grading permit ready is also rare.
Prime Location! Rare Gem! Bright and Spacious New Development Opportunity in desirable Shepherd Park. 10 Unit Apartment Building Offered at $5,495,000 at a 6.44% Cap Rate in Washington, DC. Own your future residence with modern touches at a special launching price. Great investment value! This stylish Green Building is situated just beside the beautiful new 66-acre development at Walter Reed, with retail, entertainment, hotel, office, health care, schools, and 22 acres of parks and plazas. Situated in a vibrant part of the city with the comfort of modern living! MESKEN 1103 offers great living spaces surrounded by shops, restaurants, parks, and accessible transportation. Each of the ten condos has been designed to be functional and make the best use of the space. Experience urban convenience with a neighborhood feels in your new place. This is your chance to reserve your new home! Pics for the Model Home! Units starting at 399K.
Amazing Location with proximity to Office Park Area and Residential Area . Majors highway visibility at this great this location. Do not look any further, a great franchise location for your business.. Newly renovated and upgraded refrigeration.
Substantial price improvement! First time offered! This property and the adjacent property(for sale MDAA2026848) have been owned by the same family since the 1940s. Operated as The Oak Grove Bar this 2400 sq ft building is situated on just under six acres zoned C1. This valuable property is served by a well for its water service and has public sewage. On the north it borders the community of Colonial Park. Call to schedule your private showing as lister will accompany all showings.
Best End Unit Townhome Office Condo in all of Shady Grove Professional Park. 5 Private Offices, Conference Room, Reception Area with desk, Kitchenette, Ample Storage, and a powder room on each level. It is the best renovated office condo in the development with custom trim package and built in files in the walls. Currently Occupied...shown by appointment only.
Incredible opportunity! Two attached medical condos (approx. 2000 SF) for sale, housing a thriving OBGYN/Skin rejuvenation practice. 5 private exam rooms. Includes all Furniture, Fixtures, and Equipment, as well as the Real Estate. Conveniently located in the Shady Grove medical office park with easy access to Rt 355 and 270. Don't miss out on this great deal! #MedicalCondos #BusinessForSale #ShadyGrove. 48 hour notice to show
Located in Olde Towne Gaithersburg this 1912 Victorian is zoned Central Business District. It features an 1,854 sq ft 2-level commercial space that features ramp access, reception desk, flexible work spaces & two half baths. Most recently used as a chiropractors office. It also has a spacious 1,100 square foot 2BR/2BA apartment that is completely seperate from the commercial space. The apt features a private outdoor deck area, rear entrance, high ceilings & tons of natural light. Flexible space could be great investment or opportunity for a business owner who wants to live on-site in the apt or use the apt as an income generator. Driveway leads to large parking lot that accommodates 10+ cars.
Great professional office space *** 941 sq. ft. totally renovated *** kitchen and half bath with 2 office spaces in front and back *** Is is must see ***
Amazing once in a Lifetime opportunity to own this masterfully crafted Bed and Breakfast in Paradise! A turn key bed and breakfast, this beautiful home features 6 bedrooms, 3 and a half baths and 4 levels. The zoning is residential with a variance so it could easily be made into office space, a beautiful event space- so many possibilities!! Originally built by mill owners, the wood moldings, door frames, and finishes are one of a kind- Hardwood floors throughout, stained glass accents and high ceilings give a feeling of a different era. Be welcomed in by the large foyer - the formal Living Room has a beautiful marble (non-working) fireplace, large windows and beautiful views- the cozy family room has a working fireplace and lots of room for gatherings. The main level also boasts a working study with lots of closet space- could double as a main level guest room- the modern updated kitchen features white cabinets, stainless steel appliances, a large pantry and tons of natural light. The Formal Dining Room has plenty of space for holiday dinners and the Sunroom is bright airy and relaxing. The second level is a traditional four square with 4 large spacious bedrooms and 2 Jack and Jill baths- most of the bedrooms feature a walk in closet- the second floor also features a den which can be a game room or a second home office if needed. The upper second level features 2 more bedrooms, an owners floor with an adorable vintage full bath, and a large storage room. All of this sits on a private treed 1/2 acre lot- there is a 2 car detached garage with extra storage and a large shed for additional storage. A rare find!
17,678 square foot site is zoned CBD â Central Business District (City of Gaithersburg) intended for townhome development, retail or an office use. Corner location at the intersection of Lee Street with easy access to I-270 and Route 355. Walking distance to the historic Old Towne Gaithersburg shopping & restaurant district.
Want to be your own boss? Opportunity is knocking... For just $185k, you can own a 4,000 sqf auto repair shop (Business for sale only, not including Real Estate). Tools and equipments are worth more than $120k. Some of the features including: One office, a waiting room, second level for storage, 1 full bath and 2 half baths, 3 lifts, an additional lift for alignment, tire changing station, milling machine for rotor re-surfacing, alignment equipments, Snap-on OBD2 scanner, Snap-on Ac charger, Welder, Transmission Fluid flush machine and much more. This auto repair shop has been serving the community and customers with integrity for many years. The business at this shop are not just from personal automobiles but including corporation's auto fleet, the business income is stable, and profitable. Low monthly rent ($3,234.00) and the lease is good until 2029. If interested, please contact listing agent directly to make an appointment. Please do not come to the shop without appointment. Please do not interrupt employees. Thank you for your cooperation.
Great Business Opportunity!! The long time owner is retiring and this will be great opportunity to anyone. Located within a shopping center next to well-known groceries and retail shops with lots of regular customers. This retail shop is like compact version of Walmart or CVS and carries people's everyday needs. The business has great cash flow and product expandability. Please contact listing agent for details. Don't miss this great opportunity!!!!
We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is included in the sale and built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. At market rate, new owners will have an opportunity to increase revenues to 624,000.00 per year.
