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912 Thayer Ave Silver Spring, MD 20910

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For Sale
$3,800,000

18,753 SF Silver Spring office building for sale.

Lot size:
0.15 Acres

Property Features for 912 Thayer Ave

General Information

Standard status
Active
Lot size
0.15 Acres

Building Details

Year built
1960

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Listing Contact
Lawrence Rosen
Source: Corcoran

Listing Agency: COMMERCIAL & INVESTMENT REALTY ASSOCIATES, LLC. Listing Agent: Lawrence Rosen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Class A Office Building

This 18,753 square foot office building, featuring Class A finishings, is available for sale. Constructed in 1960 and completely rebuilt in 2005, the mixed-use building is suitable for multiple tenants, with the potential for single tenant occupancy on the third floor. The building features metal beams and posts, a brick and Dry-vit panel exterior, and a flat built-up roof system. Operable windows are double pane insulated glass in aluminum frames. An OTIS elevator with a 3,000-pound capacity, along with two stairways, provides access to all spaces. The primary entrance is through a Thayer Avenue vestibule and lobby. Interior finishes include a combination of wood, carpet, ceramic, and granite tiles over concrete subfloors. Ceilings are finished with drywall, acoustic tile, or an open-style industrial design, complemented by LED fixtures. Each floor has separate modern men’s and women’s multi-stall bathrooms. HVAC is provided by a two-pipe system with a boiler, cooling tower, and chiller located in the fourth-floor mechanical room, with additional rooftop units for the third floor and corridors. Security features include 22 interior and exterior cameras, and remote control of temperature and building access via cell phone. The third floor, approximately 6,200 square feet, is designed as a single tenant space with small office suites and an open floor plan, including a central kitchenette and conference room. Metered street parking is available on Thayer Avenue and surrounding streets. A county garage with approximately 200 spaces is located directly behind the building, and the County Metro garage with approximately 1,772 spaces is across Georgia Avenue. A new Purple Line Metro station is scheduled for completion near the end of 2027, located approximately 1.5 blocks away 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.
Location Intelligence

Current Use by Public Records

Project 216 LLC Consultant FM Talent Source Employment Agency Marilyn Riehl - State ... Insurance Agency Leslie Riehl - State ... Insurance Agency Fitness Together Gym & Fitness Center

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Silver Spring
County
Montgomery
State
Maryland
Longitude
-77.0250802
Latitude
38.9927742

FAQs

What type of property is this?
Office building - 18,753 SF Silver Spring office building for sale.
Where is this office building located?
The property is located at 912 Thayer Ave Silver Spring, MD.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: - Class "A" office building with high-end finishes, completely renovated in 2005.; - Potential for owner/occupant to utilize the entire 3rd floor (+/- 6,200 s.f.) as a trophy space.; - Investment opportunity with potential for an 8% cap rate when fully leased.
More about this property
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