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8413 Ramsey Ave
Silver Spring, MD 20910
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • 8413 Ramsey Avenue is just steps to all of Silver Spring’s dining and shopping as well as Central Arts District.
  • The building sits directly adjacent to a 1,677-space public parking garage in a qualified Opportunity Zone.

EXECUTIVE SUMMARY

CBRE, Inc. as exclusive agent for the seller, is pleased to offer for sale 8413 Ramsey Avenue, located immediately adjacent to the Metro Red Line’s Silver Spring Station, the Paul S. Sarbanes Transit Center and the MTA Purple Line Silver Spring Station.
The main entrance from Wayne Avenue opens into a foyer which leads to the lower level and a second level stairway. The stairway to second level is carpeted. The second level office space has an open reception and secretarial area. The walls are paneled and the ceiling acoustic with accentt lighting. Bordering the secretarial area are 6 partitioned rooms, 5 of which are office type, and one conference room. The second level has 2 restrooms, each with vinyl flooring, and a private shower.
A secondary entrance from Ramsey Avenue leads to an open retail reception area. The first-floor retail reception area and show rooms have laminate flooring, drywall walls and ceiling, and accent lighting. Individual rooms include a large product showroom, two private offices, kitchen breakroom and a restroom.
Access to the lower level is provided from the main entrance foyer on Wayne Avenue and from the first-floor retail suite. The lower level is comprised of multiple secured storage rooms, a large conference/gathering room, two bathrooms and the mechanical systems. The furnace room has a concrete floor, block and plaster walls and plaster ceiling. Equipment includes 2 cycle reverse Trane heating and air conditioning unit for zoned heat and air conditioning. There is an A.O. Smith 30-gallon water heater.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,412 SF
Building Class
C
Year Built
1960
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,937 SF
Building FAR
1.43
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
CR-8.0 C-8.0 R-8.0 H-360
Parking
6 Spaces (1.11 Spaces per 1,000 SF Leased)

AMENITIES

  • Metro/Subway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-01039981
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,670,263 CAD
  • Listing ID: 27926571

  • Date on Market: 2023-03-08

  • Last Updated:

  • Address: 8413 Ramsey Ave, Silver Spring, MD 20910

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