7961 EASTERN AVE, SILVER SPRING, MD 20910

$4,500,000
Listed 06/01/2016
Active
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McEnearney Associates Inc, Realtors

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Description

Attractive contemporary three story 15,000 office building well located on DC/MD line. Perfect for owner user. Impressive 2 story glass lobby, elevator. Nice outside terrace accessible from 1st and 2nd floor. Large municipal garage adjacent. New roof. Current tenant, architectural firm, would stay on one floor, if buyer wishes, at market rent.

Property Details

Status

Active

Type

Commercial

For Sale / For Rent

For Sale

Current Price

$4,500,000

Price / Square Foot

$300.00

Gross Square Feet

14,971

Lot Size

6,000 square feet

MLS#

MC9673508

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Silver Spring

Silver Spring is a centrally-located suburb of Washington D.C. bordering D.C., Prince George County and Howard County. Within Montgomery County, this community sits next to Rockville and Chevy Chase.

Silver Spring gets its name from a Mica-flecked sparkling spring discovered by Francis Blair, who came to Maryland from Kentucky to publish a newspaper. While horseback riding he discovered the spring in 1842 and named the area Silver Spring. Today the spring’s location is commemorated by Acorn Park in the downtown area.

Quality of Life:

Silver Spring offers the best of both urban and suburban living with neighborhoods lined with mature trees and dotted with playgrounds and parks - all while being close to the heart of city living.

The community has recently undergone a significant renaissance with the addition of major retail, residential and office development. Notable landmarks are the world headquarters of Discovery Communications, American Film Institute’s Silver Theater and Walter Reed Research Center.

From Friday to Sunday night the center of Silver Spring comes to life. Fenton Street is blocked off from traffic, providing the freedom to stroll to restaurants or just enjoy people watching at Silver Spring Plaza.  During the warm months, Silver Spring Plaza offers free concerts, movie nights and a jazz festival. In June, the AFI and Discovery host “SilverDocs,” which promotes national and international independent filmmakers by giving them the opportunity to showcase their works.

Getting Around:

The Red Line metro can be picked up at the Silver Spring station at Coleville Road and East/West Highway or at the Forest Glen station at Georgia Avenue and Forest Glen Road. Silver Spring is also serviced by a MARC Train station, which is located next to the metro station. Ride-On buses service the major and secondary roads in the neighborhoods. I-495 is in the northern part of the community.

Airports:

Ronald Reagan National Airport:  < 15 miles.
Washington Dulles International Airport:  < 35 miles.
Baltimore Washington International Airport:  < 35 miles.

23 Listings / 1.85 Radius