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Silver Spring Retail/Restaurant Opportunity
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8211 Georgia Ave, Silver Spring, MD 20910

Turnkey restaurant/lounge in downtown Silver Spring. Delivered vacant.

Property Size4,965 SF
Days on Market165

Property Features for 8211 Georgia Ave

General Information

Standard status Active
Size 4,965 SF
Property subtype Business for Sale, Mixed Use, Retail
Zoning CR-3; H-130
Lease Type Gross

Building Details

Year Built 1927
Year Renovated 2025
Buildings 1
Stories 2
Units 1
Listing Agency: Marcus & Millichap - Washington, D.C.
Listed By: Dany Zhao · License #635202
Source: Crexi
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 18 at 2:37PM

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 Marcus & Millichap - Washington, D.C.

Investment Insights

Based on property information with market context.

Located at 8211 Georgia Avenue, Silver Spring, MD 20910, this retail asset offers approximately 4,965 square feet in the downtown Silver Spring submarket. The property is configured as a restaurant and lounge, featuring roughly 3,125 square feet of ground-level dining and bar space and 1,840 square feet of rooftop bar and lounge area. The property is currently leased but can be delivered vacant at closing as a fully furnished, turnkey restaurant, allowing immediate occupancy and operation. Situated along the highly trafficked Georgia Avenue corridor, the property benefits from strong visibility and is surrounded by a mix of restaurants, retailers, and nightlife destinations. The space features high-quality finishes throughout, with dining areas and full-service bars on both levels, suited for corporate and social events, private functions, weddings, or everyday dining service. The property represents a value-add opportunity for investors and owner-users seeking a presence in Montgomery County’s retail corridors.

Key Highlights

  • Prime retail asset in the vibrant downtown Silver Spring submarket.
  • Turnkey restaurant opportunity; can be delivered vacant at closing, fully furnished.
  • Features a rooftop bar and lounge area (1,840 sq ft) in addition to ground‑level dining and bar space (3,125 sq ft).

Property Analytics

Current Use

Palisades Lounge Bar & Pub

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop Garden Center

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

5,414
Businesses Nearby
339k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Groceries 22% Shops & Services 16% Superstores 9%
Chick-fil-A Dining
46,978 visits/mo 0.4 miles
Giant Groceries
42,300 visits/mo 0.3 miles
Safeway Groceries
32,489 visits/mo 0.1 miles
Target Superstores
28,807 visits/mo 0.5 miles
McDonald's Dining
27,268 visits/mo 0.4 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Stateline Market 7817 Eastern Ave NW, Silver Spring, MD 20910
  • Diversity Hooka lounge 7910 Georgia Ave, Silver Spring, MD 20910
  • Betty's Gojo Restaurant & Lounge-Hooka Bar 7616 georgia ave nw, washington, dc 20012
  • Champion Kitchen 7730 Georgia Ave NW, Washington, DC 20012
  • White Lies Lounge 808 Philadelphia Ave, Silver Spring, MD 20910

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey restaurant/lounge in downtown Silver Spring. Delivered vacant.
Where is this bar & pub located?
The property is located at 8211 Georgia Ave Silver Spring, MD.
What are key features of this property?
This property features: Prime retail asset in the vibrant downtown Silver Spring submarket.; Turnkey restaurant opportunity; can be delivered vacant at closing, fully furnished.; Features a **rooftop bar and lounge area (1,840 sq ft) in addition to ground‑level dining and bar space (3,125 sq ft)**.
(202) 536-3700 Call to check price and availability
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