9513-9529 Georgia Ave Portfolio 4 biens | À vendre | 4 260 000 € | Silver Spring, MD

This 22,900 S.F. office building is available in combination with 9513 Georgia Ave (5,600 S.F. retail building) totals 28,500 S.F. and sits on a total of 16,357 S.F. of land. Included in the offering is an additional lot (2 legal parcels) with +/- 60 parking spaces which is located directly behind the building at the corner of Flora Lane and Woodland Drive. These lots total an additional 16,843 S.F. (9504 & 9506 Woodland Drive.
This property could be perfect for an owner occupant who needs a great location on Georgia Avenue with excellent visibility and over 50,000 cars per day passing by. Could also be a solid fee simple investment with upside in upgrading the building and tenant rent roll.
Additionally, the total of 33,200 S.F. site could be redeveloped. CRT-2.25 zoning allows for a multitude of uses including multi-family housing, residential care facility, cultural institution, day care, educational institution, private club, religious assembly, veterinary office/hospital, restaurant, funeral home, hotel/motel, medical or dental facility or lab, obviously office space, conference center, indoor recreation facility, virtually any type of retail, vehicle sales and rental, minor vehicle repairs, live work units, self storage with the right County approvals and possibly more.
There is a new Royal Farms gas and convenience store being developed currently on the block to the south of this property. There is an alley that splits the the building and the parking lots.
Currently there are 18 tenants in place and a small number of vacant offices available to be leased or occupied. Building definitely needs some upgrades.
2025 real estate taxes are $49,133 per year.