617 Sligo Avenue, Silver Spring,
Maryland MD20910-4710
$1,500,000Sold For
CLOSEDStatus
7,482
SqFt
0.180
Acres
MDMC716614Listing ID
INVESTOR ALERT!***9 UNIT BUILDING Commercially Zoned***Fenton Village, Silver Spring, Maryland***RARELY OFFERED ***HIGHLY DESIRABLE ***Retail and Residential (Mixed Use) Property***6 Delightful Residential Rental Units***Charming, comfortable and spacious floor plans.***3 Popular and Impeccably Maintained Retail Stores --- rents received during COVID-19 !***Gourmet Market/ Restaurant ***Beauty Salon***Barber Shop***CORNER LOT***Highly Visible Store Frontage***INCOME PRODUCING***Long time tenants ***All residential and one commercial space on month to month terms.***Condo Conversion Opportunity***Substantial Untapped Rental Income and Owner s Equity***IDEAL LOCATION ***HOT, up and coming Fenton Village neighborhood!***Close to parks, schools and downtown Silver Spring.***Blocks from New Sligo ArtSpace and Retail Center***Montgomery College ***Takoma Park***Close to CBD yet Quaint and Quiet.***MUST SEE to APPRECIATE!***Sold AS-IS. Agents please showing contact for showings.
StatusCLOSED
Sold Date3/07/2023
CountyMontgomery
Year Built1938
Property TypeCommercial Sale
Property Sub TypeMixed Use
Primary Features
County
Montgomery
Price/SqFt
300.72
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1938
Zoning
CRT07
Interior
Building Total SqFt Source
Estimated
Central Air
no
Cooling Type
Window Unit(s)
Flooring Type
Hardwood
Heating
yes
Heating Type
Radiator
External
Building Units Total
1
Car Parking Spaces
3
Construction Materials
Brick
Cooling Fuel
Electric
Heating Fuel
Natural Gas
Hot Water
Other
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
3
Type of Parking
Driveway, On Street, Parking Lot
Utilities
Water Available, Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Phone Available
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Location
Country
US
In City Limits
yes
Waterfront
no
Additional
Accessibility Features
None
Base Off Market Date
2023-03-09T00:00:00+00:00
Business Type
Apartment Building, Hair Salon and Spa, Restaurant/Bar
Days on Market
846
Land Use Code
003
Potential Tenancy
Multiple
Property Manager
Y
Year Assessed
2021
Year Built Source
Assessor
Financial
Automatically Update Tax Values
yes
Buyer Financing
Seller, Seller - Take 1st
Lease Considered
no
Net SqFt
7482
Ownership Interest
Fee Simple
Possession
Negotiable
Refuse Expense
1547.08
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
11151
Tax Assessed Value
853100
Tax Data Updated
no
Tax Lot
1
Tax Year
2021
Vacation Rental
no
Zoning Info
Great Schools
Home Valuation
Listing courtesy of Fairfax Realty Select 7035858660
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Fairfax Realty Select. Data last updated on Thursday, April 18th, 2024 06:57:04 AM.
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