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8607-8609 2 Ave Silver Spg Silver Spring, MD 20910

OFF-MARKET Office Spaces Google Maps
1,719 SF Built 1981
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1,719 square foot medical office condo is located at 8607-8609 2nd Ave, Silver Spring, MD 20910, in Montgomery County. Priced at $687,600 ($400/sq ft), this single-tenant, Class B property offers a fantastic owner-user investment opportunity. The building, constructed in 1981 and renovated in 2016, is a one-story structure with elevator access. This unit is situated on the top floor, providing excellent visibility and accessibility. The property features a high-end build-out, perfect for a medical practice. It's part of a larger complex encompassing four contiguous condos totaling 3,426 square feet. Convenient on-site parking is available, supplemented by ample street parking and a public garage just one block away. The property is zoned CR and is offered as a condo ownership. This is a rare opportunity to acquire a well-maintained, strategically located medical office space in a thriving Silver Spring neighborhood. The property includes two units.

Property profile

Verified
Property type Office Spaces
Year built 1981
Total area 1,719 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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