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Attractive Office Unit For Sale
For Sale
$265,000

8607 2nd Ave #401, Silver Spring, MD 20910

Office unit with 3-4 offices, reception, kitchenette, bath.

Property SizeContact for details
Days on Market529

Property Features for 8607 2nd Ave #401

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,826

Building Details

Year Built 1986
Listing Agency: COMMERCIAL & INVESTMENT REALTY ASSOCIATES, LLC.
Listed By: LAWRENCE ROSEN · License #5158
Source: Corcoran
Added: Mar 11, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMMERCIAL & INVESTMENT REALTY ASSOCIATES, LLC.

Investment Insights

Based on property information with market context.

This attractive office unit, situated on 2nd Avenue, offers convenient accessibility directly from the elevator. The layout includes 3 to 4 offices, a reception area, a kitchenette, and a half bath. The common hallways and offices feature hardwood or laminate flooring. Occupants benefit from 24/7 access and individual HVAC control, with a separate heat pump, air handler, water heater, and electric meter for the unit. The property is suitable for quick occupancy and includes one covered parking space, P-14. The CR zoning allows for a variety of commercial uses, making it ideal for office and service-oriented businesses. Signage is permitted on the directory signs near the elevators and on a brass sign on the unit door. The complex provides ADA access via two elevators. Located on 2nd Avenue, across from the Fenwick apartment complex between Spring Street and Fenwick Lane, the property is three blocks from the Silver Spring Metro Station. The future Purple Line station will also be three blocks away upon completion. The 2025 real estate tax is $3,944, and the current condo fee is approximately $481 per month.

Key Highlights

  • Reduced Sale Price: $299,500
  • Prime Location: Just 3 blocks from Silver Spring Metro and future Purple Line station.
  • Includes 1 covered parking space (P‑14).

Property Analytics

Current Use

Viewpoint Communications, Inc. Film Production Lisa H Slade ... Dental Office T C Family ... Dental Office Jacob A. Nix, D.M.D. Dental Office Campbell Kimberly Y Physician

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,121
Businesses Nearby

Demographics for 20910, MD

45,610
Population
23,209
Households
2
Avg Household Size
36
Median Age
74%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
9,915
Density / Sq Mi
$107,994
Median Household Income
$70,022
Median Earnings
$1,992
Median Rent
$690,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office unit with 3-4 offices, reception, kitchenette, bath.
Where is this office units located?
The property is located at 8607 2nd Ave #401 Silver Spring, MD.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Reduced Sale Price: $299,500; Prime Location: Just 3 blocks from Silver Spring Metro and future Purple Line station.; Includes 1 covered parking space (P‑14).
More about this property
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