Listing Provided By Fairfax Realty 50/66 LLC
Rare Opportunity to acquire 6 Unit Retail and Residential Property. Located just a stone's throw away from the future Purple Line, which is set to open in 2027, this spot offers convenient access to public transportation. The asset at 523 Dale Drive, Silver Spring, Montgomery County, Maryland is a well-located mixed-use corner property in a micro-commercial market that serves local consumers and long-time customers. With ample parking for both retail customers and apartment residents, this asset is conveniently located in an extremely stable neighborhood, 1.5 Miles to Washington DC border, 1.3 Miles to I-495, 2 Miles to Tacoma Park Metro, immediate proximity to Whole Food Market. Zoned CRT-allows a variety of uses including multiple dwelling unit residential / commercial development DO NOT DISTURB THE CURRENT OPERATORS! under no circumstances may interested parties ask questions to employees or walk-in during business hours. Lister will arrange all tours of the property for serious-well qualified buyers. Additional information available after signing a confidentiality agreement and proof of funds.
- Price:
- $2,250,000
- Acreage:
- 0.17
- Year Built:
- 1938
- Listing ID #:
- MDMC2077228
- Street Address:
- 523 Dale Dr
- City:
- Silver Spring
- State:
- Maryland
- Postal Code:
- 20910
- County:
- Montgomery
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
School District: Montgomery County Public Schools
- Number Of Units:
- 1
- Year Built:
- 1938
- Year Built Source:
- Assessor
- Approximate Lot Size Range Source:
- Assessor
- Conforms To Zoning:
- Crt07
- Lot Square Footage:
- 7377.00
- Days On Market:
- 111
- On Market Date:
- 2023-02-11
- Originating Mls:
- Bright
- Special Conditions Of Sale:
- Standard
- County Taxes:
- 13630.00
- Price Per Square Foot:
- 305.00
- Property Taxes:
- $15,075
- Tax Year:
- 2023
- Parking Spaces:
- 15
- Parking Type:
- Parking Lot
- Cooling System:
- Wall Unit
- Existing Water:
- Public
- Heating Fuel:
- Oil
- Sewage Type:
- Public Sewer
- Water Heater:
- Oil
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Fairfax Realty 50/66 LLC
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