Fully Leased Retail Building For
For Sale
$5,000,000
8241 Georgia Ave, Silver Spring, MD 20910
19,495 SF retail building on Georgia and Thayer Avenue.
Property SizeContact for details
Days on Market452
Property Features for 8241 Georgia Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$36,330
Building Details
Year Built
1987
Listing Agency:
COMMERCIAL & INVESTMENT REALTY ASSOCIATES, LLC.
(301) 530-6085
Listed By:
LAWRENCE ROSEN · License #5158
Source:
Corcoran
Added: Jun 6, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 fully leased retail building offers 19,495 square feet of rentable space across three levels, with additional core space in the lower level housing building sprinklers, electric systems, and other essential components. The property is divided into 7 separately demised spaces and is located at the corner of Georgia Avenue and Thayer Avenue, providing retail signage opportunities along both streets. The building is fully sprinklered and features an elevator, along with two stairways providing direct walk-in access to all spaces. All spaces except unit #1 are wheelchair accessible. The building features a flat membrane roof, painted masonry, ceramic tile, glass, and Ipe exterior walls, aluminum double-pane framed windows, and multiple roof-mounted gas-fired package units with electric AC.
Key Highlights
- Fully leased retail building providing immediate income.
- Substantial rentable area of 19,495 sq. ft.
- Located on the corner of Georgia Avenue and Thayer Avenue with retail signage on both streets.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,220
Businesses Nearby
299k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Groceries 25%
Shops & Services 13%
Hotels & Casinos 8%
Chick-fil-A
Dining
46,978 visits/mo
0.2 miles
Giant
Groceries
42,300 visits/mo
0.4 miles
Safeway
Groceries
32,489 visits/mo
0.0 miles
McDonald's
Dining
27,268 visits/mo
0.3 miles
Panera Bread
Dining
13,133 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 19,495 SF retail building on Georgia and Thayer Avenue.
Where is this retail property located?
The property is located at 8241 Georgia Ave Silver Spring, MD.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Fully leased retail building providing immediate income.; Substantial rentable area of 19,495 sq. ft.; Located on the corner of Georgia Avenue and Thayer Avenue with retail signage on both streets.
