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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Lawrence Rosen • Commercial & Investment Realty Associates, LLC.

$265,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID MDMC2169846

Year Built 1986

Annual Tax Amount $3,826

Tax Year 2024

Property Sub-Type Office

Source BRIGHT

Property Description

SALE PRICE REDUCED TO ONLY: $265,000 or $295 p.s.f.

IMPROVEMENTS/PARKING: Attractive unit facing 2nd Avenue and easily accessible right off the elevator! This unit is divided up into 3 - 4 offices, reception area, kitchenette, 1/2 bath and more. The common hallways and offices have either hardwood or laminate flooring. 24/7 access and control of your own HVAC. The unit has its own separate heat pump, air handler, water heater and electric meter. Ready for immediate occupancy. The trash dumpster is located in the rear of the parking area. Ideal for an owner user, as the space will be vacant at settlement. This sale includes 1 covered parking space in the complex, space P-14.

ZONING: CR zone. A wide variety of commercial uses are allowed in this zoning. Ideal for office and service uses.

REAL ESTATE TAX / CONDO FEE: 2025 real estate tax $3,944. Current condo fee is +/- $481 / month.

LOCATION: The property is located directly across from the Fenwick apartment complex on 2nd Avenue between Spring Street and Fenwick Lane. The Silver Spring Metro Station is 3 blocks from the property. The unit is accessible via stairway or elevator. The future Purple Line station will be 3 blocks from the property once complete.

SIGNAGE/COMPLEX: Occupant is allowed signage on the directory signs located as you enter the complex near the elevators and a brass sign on the unit door. The complex has two elevators, which allows for ADA access.

LEGAL: Tax Map JN 23, Second Ave. Plaza Phase 1 Subdivision, Block 10, Lot P21, unit 401 & P-14. District 13 Account Numbers 02541795 & 02542312.

Location

State MD

County Montgomery

Zoning CR

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Flooring Wood

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Accessibility 32\"+ wide Doors, Elevator, 48\"+ Halls, No Stairs

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 161302541795

Ownership Condominium

Security Features Electric Alarm,Monitored

Special Listing Condition Standard

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

8607 2ND AVE #401 Silver Spring, MD 20910

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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