Property summary
A 13,175-square-foot, two-level mixed-use building is divided into three separately demised spaces with street-level access. The first space contains approximately 2,375 square feet of street-level retail bay space; the second contains approximately 4,455 square feet of street-level office or mixed-use space and includes a large open area with very high ceilings, nine offices, two conference rooms, a lobby, kitchenette, and two bathrooms. The third space is approximately 6,345 square feet, accessible at street level from the rear of the property, and includes a reception lobby, 17 offices of various sizes, an outdoor patio, a core room, multi-stall men’s and women’s bathrooms, and a large kitchenette with lounge area. The building is fully sprinklered and equipped with a security alarm system, with CAT 6 wiring, and each space provides wheelchair accessibility from grade level. Exterior features include a flat membrane roof, brick and Dryvit exterior walls, and double-pane windows. Heating is provided via gas-fired heat with electric AC, and the property includes multiple package units. Parking consists of five on-site spaces, with two county garages within one block and street parking along the frontage; an alley runs along the full length of the property.
Property profile
VerifiedCap rate & NOI
Current use
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Recording Studio
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Theater & Performing Art Venue Music Venue
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Photography Service (Bike/Boat/Book/etc) Store
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Marketing & Advertising Advertising Agency
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CR3.0 · Silver Spring, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
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- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning