For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,377 sqft
Price per Sqft $271
MLS Listing ID MDMC2077228
Sold Date 06/22/23
Originating Board BRIGHT
Year Built 1938
Annual Tax Amount $15,075
Tax Year 2023
Lot Size 7,377 Sqft
Acres 0.17
Property Description
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.
Location
State MD
County Montgomery
Zoning CRT07
Interior
Hot Water Oil
Heating Other
Cooling Wall Unit
Heat Source Oil
Exterior
Garage Spaces 15.0
Water Access N
Accessibility Other
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 161301039753
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kevin B Shin • Fairfax Realty 50/66 LLC