10101 Lorain Ave - Medical FOR SALE


Silver Spring, MD 20901- North Silver Spring
$1,399,000 USD
240-274-7000
10101 Lorain Ave, Silver Spring, MD for Sale
$1,399,000 USD
Medical - FOR SALE
1/48
null | Request Cap Rate

10101 Lorain Ave
Silver Spring, MD 20901
North Silver Spring


OVERVIEW

Seize this rare chance to own a highly coveted commercial property in the thriving Northwood Park area. Conveniently positioned just minutes from I-495 and a short drive to Downtown Silver Spring, Chevy Chase, Bethesda, Rockville, North Bethesda, Washington, D.C., and beyond, this location offers unparalleled accessibility. Previously serving as a medical office, this property is zoned EOF-3 (Employment Office), making it an exceptional fit for a diverse range of professional enterprises. The versatile zoning allows for: 1. **Office & Technology Services** – Perfect for general offices, innovative professional services, or cutting-edge tech businesses. 2. **Light Industrial & Warehouse** – An ideal space for light manufacturing, warehousing, and distribution. 3. **Neighborhood Retail** – Opportunities for small-scale retail that caters to local businesses and residents. 4. **Food & Beverage Establishments** – Limited service dining options permitted under specific conditions to attract food enthusiasts. The EOF-3 zoning also offers an impressive maximum density of 3.0 FAR, empowering developers and investors to explore high-density projects (with Planning Board approval) such as mixed-use redevelopment, specialty retail, vehicle sales, and residential conversions to cater to the community’s growing demands. With its prime location, adaptable zoning, and promising redevelopment potential, this property represents an extraordinary investment opportunity for savvy owners, dynamic businesses, and visionary developers. Recent renovations feature elegant luxury vinyl plank flooring throughout most areas, enhancing its appeal. This property is FULLY PREPARED FOR YOUR BUSINESS and is entirely turnkey, ensuring you can hit the ground running. *Don’t miss out! Please check with Montgomery County regarding all possible uses for the property. The information provided is deemed RELIABLE but NOT GUARANTEED.* *Please Check with Montgomery County Regarding All Possible Uses For The Property -- Information Above Deemed RELIABLE, But NOT GUARANTEED.*

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Four Corners Foot Health Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Distribution, Loft/Creative Space, Service

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

EOF3

APN/PARCEL ID

13-01035185

ASK ABOUT THIS PROPERTY

Joe FarajiLong and Foster Real Estate, IncMore Info
240-274-7000

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Joe FarajiLong and Foster Real Estate, IncMore Info
240-274-7000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.