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8215 Fenton St
Silver Spring, MD 20910
Retail Property For Sale


Investment Highlights
- 100% leased. Purple Line Station will be 2 blocks away.
- Accessible building.
- Fully sprinklered & alarmed building with security features.
Executive Summary
Call or email for description to receive full marketing package with financials and we will forward a non disclosure agreement for execution.
13,175 s.f. two-level mixed-use building divided up into 3 separately demised spaces. 1) 2,375 s.f. street level retail bay leased to Spa Mesu. 2) 4,455 s.f. street level office or mixed-use space leased to Comprehensive Disability containing a large open area with very high ceilings, 9 offices, two conference rooms, lobby, kitchenette, two bathrooms. 3) 6,345 s.f. accessible at street level from the rear side of the property leased to Comprehensive Disability and contains a reception lobby, 17 offices of various sizes, outdoor patio, core room, multi-stall men’s and woman’s bathrooms, large kitchenette with lounge area. The entire building is sprinklered and has an alarm system for security. The building is wired with CAT 6 wiring. Each space has wheelchair accessibility from grade level. There is a flat membrane roof, brick and dryvit exterior walls, double pain windows and multiple package units with gas fired heat and electric AC. There are 5 on site parking spaces, 2 county garages within a block and street parking in front of the property. An alley runs along the entire length of the property.
13,175 s.f. two-level mixed-use building divided up into 3 separately demised spaces. 1) 2,375 s.f. street level retail bay leased to Spa Mesu. 2) 4,455 s.f. street level office or mixed-use space leased to Comprehensive Disability containing a large open area with very high ceilings, 9 offices, two conference rooms, lobby, kitchenette, two bathrooms. 3) 6,345 s.f. accessible at street level from the rear side of the property leased to Comprehensive Disability and contains a reception lobby, 17 offices of various sizes, outdoor patio, core room, multi-stall men’s and woman’s bathrooms, large kitchenette with lounge area. The entire building is sprinklered and has an alarm system for security. The building is wired with CAT 6 wiring. Each space has wheelchair accessibility from grade level. There is a flat membrane roof, brick and dryvit exterior walls, double pain windows and multiple package units with gas fired heat and electric AC. There are 5 on site parking spaces, 2 county garages within a block and street parking in front of the property. An alley runs along the entire length of the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,175 SF
Building Class
B
Year Built
1973
Price
$4,076,310 CAD
Price Per SF
$309.40 CAD
Cap Rate
6.84%
NOI
$278,939 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.37
Lot Size
0.22 AC
Zoning
CR - Zoned CR 3.0 with a 3 FAR for both commercial and residential uses. There is approximately 13,060 s.f. of additional FAR that can be constructed.
Parking
5 Spaces (0.38 Spaces per 1,000 SF Leased)
Frontage
24’ on Fenton St
Property Taxes
| Parcel Number | 13-03381186 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,876,869 CAD |
Property Taxes
Parcel Number
13-03381186
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,876,869 CAD
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