Silver Spring MD Real Estate & Commercial for Sale
14 Properties Found
The median home value in Silver Spring, MD is $525,000.
This is
higher than
the county median home value of $515,000.
The national median home value is $308,980.
The average price of homes sold in Silver Spring, MD is $525,000.
Approximately 42% of Silver Spring homes are owned,
compared to 53% rented, while
6% are vacant.
Silver Spring real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Silver Spring real estate agent to arrange a tour
today! Learn more about Silver Spring Real Estate.
Great value. High end remodeling and furnishing offered separately. Four assigned parking plus visitors parking. Front signage available in this professional building.
Delightful multi-office suite space currently partially occupied by longstanding therapy practice. Good condition, ready access to all of downtown Silver Spring and metro. Unit conveys with dedicated parking space, #P-18. We look forward to working with you!
OWNER USER or INVESTMENT BUILDING - FOR SALE 18,753 Square Foot - Office Building - Class A Finishings 912 Thayer Avenue, Silver Spring, Maryland 20910 SALES PRICE: Option 1) $3,800,000 at 6% cap rate based on current 2026 revenue with 20% (3,827 s.f.) of the building available for lease. When fully leased this building will produce approximately an 8% cap rate at the current asking price. Option 2) $300,000 for 1/3rd interest in the Grand Design Building. Simultaneously with the purchase the 3 owners will refinance and guarantee a new loan of +/-$2,050,000. IMPROVEMENTS: +/- 18,635 s.f. of rentable sq. ft. on three levels (+/- 6,200 s.f. per floor). This building and its furnishings resemble a Class A appearance. This mixed-use building is demised for multiple tenants with the potential of all or most of the 3rd floor for a single tenant or a new owner occupant. Initially constructed in 1960 this building was completely gutted, reframed and rebuilt in 2005 and professionally maintained to date. The structure is metal beams and posts and the exterior facade consists of brick and Dry-vit panels. There is a flat built-up roof system. The operable windows are double pane insulated glass in aluminum frames. There is an OTIS elevator with a 3,000-pound capacity, two stairways and direct walk-in access to all spaces providing accessibility for all. Primary access is via the Thayer Ave. vestibule / lobby entrance at grade that leads to a center corridor, elevator and access to all suites. Floors are a combination of wood, carpet, ceramic and granite tiles over a concrete subfloor. Ceilings consist of drywall, acoustic tile or open style industrial design with LED fixtures throughout. There are separate modern men's and woman's multi-stall bathrooms on each floor. HVAC is provided by a two-pipe system with boiler, cooling tower and chiller located in the 4th floor mechanical room. HVAC for the 3rd floor and corridors is provided by 4 roof top units. Roof access through large 4th floor storage room. The 22 interior or exterior security cameras, temperature controls and building access can be controlled remotely through a cell phone. Landlord has remodeled common areas, lights, tenant finishes and exterior lighting and maintains constant maintenance as needed. POTENTIAL OWNER / OCCUPANT 3rd FLOOR: The third floor (+/- 6,200 s.f.) is substantially set up as a single tenant space which has been divided into small office suites and open floor design without clear separation. There is a central kitchenette and conference room. This would make a trophy space for a new owner occupant buyer. RENT ROLL: Complete rent roll can be provided upon request. PARKING: There are street metered parking spaces in front of the building along Thayer Avenue and on the surrounding streets. Property is located within the Central Business District which is a parking district. Directly behind the building is a +/- 200-space County garage (garage #3) and the County Metro garage #5 & #55 are across Georgia Avenue that contains +/- 1,772 spaces. FUTURE PURPLE LINE METRO STATION / DEVELOPMENT: The entire 16-mile Purple Line route is scheduled for completion near the end of 2027. Construction and related road resurfacing in downtown Silver Spring are nearing completion and are likely to be finished this year. A new Purple Line Metro station will be located approximately 1.5 blocks from the subject property, at the intersection of Wayne Ave./Bonifant Street and Fenton Street at the Silver Spring Library. The existing Red Line Metro station is approximately three blocks away, at Colesville Road and Wayne Avenue.
Call for OFFERS will be shared soon. Asking price listed is acting as a placeholder as there is no "asking price" as the price will be determined based on best offer submitted. Once in a generation opportunity to own or participate in the future of this irreplaceable piece of land of 7.03 acres within the Kemp Mill Master Plan and University Boulevard Corridor Plan immediately next to Sligo Creek Parkway. There is currently a school (approx. 10 classrooms and two large auditorium spaces) and church building (seating for approx. 150) that exists and can be activated for those uses along with outdoor playground and two parking lots. Current zoning is R-60, but can potentially be reimagined and enhanced, especially if in alignment to what the Kemp Mill Master Plan University Boulevard Corridor Plan expressed an interest in having. These plans could present a buyer with the opportunity for a rezoning, up-zoning, special exception, etc so long as it aligns with what the master plan calls (linkage between local facilities, and/or a facility that facilitates social cohesion. The site is surrounding by forestry but offers favorable and close proximity to public transit (bus lines, metro line - red), equidistant of approximately 31 miles south or east of Baltimore/Washington International Airport and Dulles International Airport respectively, and only 15 miles to Ronald Reagan Washington National Airport. NOTE THAT INFORMATION INCUDED IN THIS LISTING IS NOTED AS "OTHER" AS THIS IS AN AS-IS, WHERE-IS and all services need to be verified by the buyer.
Rare opportunity! 8 Bed, 5 1/2 bath residential style property for rent. Perfect property for large family, institutional residence or licensed group home operator. This residential-style building has been extensively renovated to meet safety and operating standards with elevator service to all five floors, sprinkler, commercial grade fire and intrusion system . Chair lifts for non-ambulatory residents have been installed. Kitchen has double oven plus oven/ range combination, double dishwashers, sinks and disposals. All areas of the home are handicap-accessible. At the rear of the building is a fenced in, private back yards and large deck newly refinished. large rear deck and private back yard.
This 2nd floor condo unit, originally built in 1985, has a very efficient & modern layout and good natural light from the front and back windows. This unit is divided up into 6 offices, large conference room with built in shelving, reception-waiting room, kitchenette with sink and refrigerator, occupant controlled HVAC with gas heat and electric A/C and 2 half bathrooms. The space has a very attractive appearance! This unit is a part of a 4-unit office condominium project. The building was built with masonry, brick and block. Space is ready for occupancy. Only $299 p.s.f. Owner will sell or lease this unit. Rental rate is $2,695 plus electric and cleaning.
Assisted Living Home, Fully Occupied and Furnished with 5 residents. Certified with ZERO deficiencies and a loving Staff, offering 24 hour care. Services include meals, assistance for daily activities, and medication management. Nestled in park like setting. {This home has the potential of being expanded to an 8 bedroom assisted living home with easy modifications} TOUR: https://homevisit.view.property/public/vtour/display/2328092#!/ Would like to lease back for a year and then move the business to a new area.................. .WHAT AN OPPORTUNITY TO OWN YOUR OWN BUSINESS THAT IS SET UP and READY TO GO.......!
804 Pershing Drive, Unit 104 - 2,155 s.f. Just reduced price. Make an offer. IMPROVEMENTS: This is a street level, first floor, walk in medical/office condo in Downtown Silver Spring. This modern sprinklered unit contains 3 enclosed offices, a large conference room, kitchenette, HVAC / IT room, foyer, closets and plenty of open work space or one could add several additional windowed offices. The unit includes two contiguous storage units measuring 108 s.f. The main building entrance provides direct access to this unit with no steps. This corner unit has carpet flooring throughout has drop ceilings with florescent lighting. There are 2 separately controlled HVAC units and occupants have 24/7 access to the building.
804 Pershing Drive, Unit 104 - 2,155 s.f. REDUCED PRICE - MAKE AN OFFER IMPROVEMENTS: This is a street level, first floor, walk in medical/office condo in Downtown Silver Spring. This modern sprinklered unit contains 3 enclosed offices, a large conference room, kitchenette, HVAC / IT room, foyer, closets and plenty of open work space or one could add several additional windowed offices. The unit includes two contiguous storage units measuring 108 s.f. The main building entrance provides direct access to this unit. This corner unit has carpet flooring throughout has drop ceilings with florescent lighting. There are 2 separately controlled HVAC units and occupants have 24/7 access to the building.
SALE PRICE REDUCED TO: $299,500 IMPROVEMENTS/PARKING: Very attractive unit facing 2nd Avenue and easily accessible right off the elevator! This unit is divided up into 3 - 4 offices, reception area, kitchenette, 1/2 bath and more. The common hallways and offices have either hardwood or laminate flooring. 24/7 access and control of your own HVAC. The unit has its own separate heat pump, air handler, water heater and electric meter. Very attractive and comfortable appearance. Ready for quick occupancy. The trash dumpster is located in the rear of the parking area. Ideal for an owner user, as the space will be vacant at settlement. This sale includes 1 covered parking space in the complex, space P-14. ZONING: CR zone. A wide variety of commercial uses are allowed in this zoning. Ideal for office and service uses. REAL ESTATE TAX / CONDO FEE: 2025 real estate tax $3,944. Current condo fee is +/- $481 / month. LOCATION: The property is located directly across from the Fenwick apartment complex on 2nd Avenue between Spring Street and Fenwick Lane. The Silver Spring Metro Station is 3 blocks from the property. The unit is accessible via stairway or elevator. The future Purple Line station will be 3 blocks from the property once complete. SIGNAGE/COMPLEX: Occupant is allowed signage on the directory signs located as you enter the complex near the elevators and a brass sign on the unit door. The complex has two elevators, which allows for ADA access. LEGAL: Tax Map JN 23, Second Ave. Plaza Phase 1 Subdivision, Block 10, Lot P21, unit 401 & P-14. District 13 Account Numbers 02541795 & 02542312.
Prime office space on ground level with nearly 1500 square feet, two blocks from Wheaton Metro. Level entry from parking lot to front door of unit. Currently setup as a doctor's office with reception area, exam rooms, offices, 2 half baths and a kitchenette. Ground Floor, Handicap Accessible. Parking in lot and at garage across street. Separate 400 sq ft of additional, private storage available directly under the unit. Tremendous dining options within a 5 block radius - a great lunch meeting is minutes away. NOTE: Listing photos are from 2010, prior to the occupancy of current tenant. Currently occupied by doctor's office so alterations have been made to layout. Condo Fee $200.00/month. Current leased under a month to month term.
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
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. OR would consider selling separately. 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 units convey 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.
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. OR would consider selling separately. 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 units convey 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.
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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