1111 Bonifant St Silver Spring, MD 20910-3310

Property Details for 1111 Bonifant St

Year built

1963

Construction

BRICK

Lot size

0.08 lot acres

Property size

7,040 SF

Zone code

CR8.0

Property type

Office buildings

APN

13-01046190

APU

1301046190

Description

This fee-simple ownership opportunity presents a rare chance to acquire a three-story, 10,560-square-foot executive office building in the heart of Silver Spring, Maryland. Located at 1111 Bonifant Street, this Class B building, constructed in 1962 and renovated in 1982, sits on a 3,520-square-foot lot and boasts a coveted single-tenancy configuration. Its strategic location offers unparalleled access to the Silver Spring Metro Red Line station, the Sarbanes Transit Center, and the future Purple Line Silver Spring Station, ensuring convenient commuting for employees and clients. The property benefits from its proximity to downtown Silver Spring's vibrant dining and shopping scene, as well as the central arts district. A significant advantage is its direct adjacency to a 1,677-space public parking garage, providing ample parking for occupants and visitors. The building also features prominent landmark signage, enhancing its visibility and brand recognition. Zoned CR-8 H 200, this property presents potential for future redevelopment, offering significant long-term investment prospects. The asking price for this exceptional property is $4,250,000.

Location Insight

City

Silver Spring

County

Montgomery

State

Maryland

Longitude

-77.029

Latitude

38.9935

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments