Silver Spring, MD 20910 8241 Georgia Avenue

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Presented By: Commercial & Investment Realty Associates, LLC.
  • MLS# MDMC2184746
  • 06/06/2025
  • Request Tour
  • Request Info
  • SQFT • 19,495

Home Details

FULLY LEASED RETAIL BUILDING FOR SALE of 19,495 s.f. of rentable sq. ft. on three levels plus core space in the lower level containing building sprinklers, electric and other building components. Divided up into 7 separately demised spaces. Site at corner of Georgia Avenue and Thayer Avenue. There is retail signage along both streets. The building is fully sprinklered, contains an elevator and two stairways or direct walk in access to all spaces. Each space except unit #1 has wheelchair accessibility. There is a flat membrane roof, painted masonry, ceramic tile, glass and Ipe exterior walls, aluminum double pain framed windows and multiple roof mounted gas fired package units with electric AC. See marketing package attached with limited financial details. Seller is requesting potential buyers sign and return the non disclosure agreement to be provided full financial details.
Presented By: Commercial & Investment Realty Associates, LLC.

Interior Features for 8241 Georgia Avenue

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators1
Total Stories3

General for 8241 Georgia Avenue

Accessibility36 + wide Halls, Elevator, Level Entry - Main
Association Recreation FeeN
Builder NameThe Thayer Building
Business TypeFlex, Hair Salon and Spa, Medical, Professional, Restaurant/Bar, Religious Facility
Cap Rate6.41
CitySILVER SPRING
Construction MaterialsBrick, Block, Concrete, Glass
Cool FuelElectric
CoolingRoof Mounted
CountyMONTGOMERY
DirectionsFrom Beltway and Georgia Avenue exit onto Georgia Ave. south towards D.C., proceed about a mile to downtown Silver Spring. Property on the left at the corner of Thayer Ave. and Georgia Ave.
HeatingOther
Historic Y/NNo
Legal SubdivisionSILVER SPRING
Lot Size Square Feet9551.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-06-06T12:17:31
Net Operating Income320596.00
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG241.55
Property SubtypeRetail
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount36330.0
Tax Assessed Value2996433.0
Tax Lot2D
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningCR5.0

Exterior for 8241 Georgia Avenue

Building Area Total20700.00
Car Parking Spaces
Land Assessed Value1606100.00
Land Use CodeC
Lot Size Acres0.22
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street, Public Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $5,000,000
MLS#MDMC2184746
List Date 06/06/2025
Property Type Commercial
Phone 571.207.5186
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