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Office Condo with Covered Parking
For Sale
$265,000

401-8607 2nd Ave, Silver Spring, MD 20912

Office suite with private HVAC and reception area, divided into multiple offices, plus one covered parking space.

Property SizeContact for details
Days on Market543

Property Features for 401-8607 2nd Ave

General Information

Standard status Active
Total Parking Spaces 1
Zoning CR

Additional Details

Office Units 4

Taxes and HOA fees

Annual Taxes $3,826
Listing Agency: Commercial & Investment Realty Associates, LLC.
Listed By: Lawrence Rosen · License #5158
Source: Exprealty
Added: Mar 12, 2025 Changed: Aug 20 Last Checked: Sep 4 at 10:04AM

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 office condominium unit is divided into multiple private offices, a reception area, a kitchenette, and a half bath. The suite features hardwood or laminate flooring in the common hallways and offices, and it offers 24/7 access with tenant-controlled HVAC. The unit has its own heat pump, air handler, water heater, and electric meter, and it is described as ready for immediate occupancy.

The unit faces 2nd Avenue and is described as easily accessible right off the elevator, with access via stairway or elevator. The complex includes two elevators for ADA access. The listing includes one covered parking space in the complex (space P-14). Signage is available on directory signs near the elevators and on a brass sign at the unit door.

Zoned CR, the property is described as allowing a wide variety of commercial uses, with the listing noting office and service uses as suitable. 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 described as about 3 blocks away, and the future Purple Line station is also described as about 3 blocks away once complete.

Key Highlights

  • Office suite facing 2nd Avenue with reception area, kitchenette, 1/2 bath, and 3–4 offices
  • Private HVAC with 24/7 access and control; separate heat pump, air handler, water heater, and electric meter for the unit
  • Ready for immediate occupancy; unit accessed via elevator or stairway in a complex with two elevators for ADA access

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service Carpet & Flooring Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Butcher

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

Lease Details

4
Office units

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby

Demographics for 20912, MD

25,463
Population
10,140
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
86%
High-School Grad
2.7 sq mi
ZIP Area
9,431
Density / Sq Mi
$82,097
Median Household Income
$48,447
Median Earnings
$1,452
Median Rent
$671,400
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 suite with private HVAC and reception area, divided into multiple offices, plus one covered parking space.
Where is this office units located?
The property is located at 401-8607 2nd Ave 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: Office suite facing 2nd Avenue with reception area, kitchenette, 1/2 bath, and 3–4 offices; Private HVAC with 24/7 access and control; separate heat pump, air handler, water heater, and electric meter for the unit; Ready for immediate occupancy; unit accessed via elevator or stairway in a complex with two elevators for ADA access
More about this property
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