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Listed by H. Joe Faraji • Long & Foster Real Estate, Inc.
$1,399,000
Est. payment /mo
9,617 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDMC2196874
Year Built 1971
Annual Tax Amount $9,542
Tax Year 2024
Lot Size 9,617 Sqft
Acres 0.22
Property Sub-Type Office
Source BRIGHT
Property Description
Seize this rare chance to own a highly coveted commercial property in the thriving Northwood Park area. Conveniently positioned just minutes from I-495 and a short drive to Downtown Silver Spring, Chevy Chase, Bethesda, Rockville, North Bethesda, Washington, D.C., and beyond, this location offers unparalleled accessibility.
Previously serving as a medical office, this property is zoned EOF-3 (Employment Office), making it an exceptional fit for a diverse range of professional enterprises. The versatile zoning allows for:
1. **Office & Technology Services** – Perfect for general offices, innovative professional services, or cutting-edge tech businesses.
2. **Light Industrial & Warehouse** – An ideal space for light manufacturing, warehousing, and distribution.
3. **Neighborhood Retail** – Opportunities for small-scale retail that caters to local businesses and residents.
4. **Food & Beverage Establishments** – Limited service dining options permitted under specific conditions to attract food enthusiasts.
The EOF-3 zoning also offers an impressive maximum density of 3.0 FAR, empowering developers and investors to explore high-density projects (with Planning Board approval) such as mixed-use redevelopment, specialty retail, vehicle sales, and residential conversions to cater to the community's growing demands.
With its prime location, adaptable zoning, and promising redevelopment potential, this property represents an extraordinary investment opportunity for savvy owners, dynamic businesses, and visionary developers. Recent renovations feature elegant luxury vinyl plank flooring throughout most areas, enhancing its appeal.
This property is FULLY PREPARED FOR YOUR BUSINESS and is entirely turnkey, ensuring you can hit the ground running.
*Don't miss out! Please check with Montgomery County regarding all possible uses for the property. The information provided is deemed RELIABLE but NOT GUARANTEED.* *Please Check with Montgomery County Regarding All Possible Uses For The Property -- Information Above Deemed RELIABLE, But NOT GUARANTEED.*
Previously serving as a medical office, this property is zoned EOF-3 (Employment Office), making it an exceptional fit for a diverse range of professional enterprises. The versatile zoning allows for:
1. **Office & Technology Services** – Perfect for general offices, innovative professional services, or cutting-edge tech businesses.
2. **Light Industrial & Warehouse** – An ideal space for light manufacturing, warehousing, and distribution.
3. **Neighborhood Retail** – Opportunities for small-scale retail that caters to local businesses and residents.
4. **Food & Beverage Establishments** – Limited service dining options permitted under specific conditions to attract food enthusiasts.
The EOF-3 zoning also offers an impressive maximum density of 3.0 FAR, empowering developers and investors to explore high-density projects (with Planning Board approval) such as mixed-use redevelopment, specialty retail, vehicle sales, and residential conversions to cater to the community's growing demands.
With its prime location, adaptable zoning, and promising redevelopment potential, this property represents an extraordinary investment opportunity for savvy owners, dynamic businesses, and visionary developers. Recent renovations feature elegant luxury vinyl plank flooring throughout most areas, enhancing its appeal.
This property is FULLY PREPARED FOR YOUR BUSINESS and is entirely turnkey, ensuring you can hit the ground running.
*Don't miss out! Please check with Montgomery County regarding all possible uses for the property. The information provided is deemed RELIABLE but NOT GUARANTEED.* *Please Check with Montgomery County Regarding All Possible Uses For The Property -- Information Above Deemed RELIABLE, But NOT GUARANTEED.*
Location
State MD
County Montgomery
Zoning EOF3
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank, Carpet, Tile/Brick, Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 161301035185
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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