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Silver Spring MD Real Estate & Commercial for Sale

1 Properties Found

The median home value in Silver Spring, MD is $455,000. This is lower than the county median home value of $465,000. The national median home value is $266,648. The average price of homes sold in Silver Spring, MD is $455,000. Approximately 41% of Silver Spring homes are owned, compared to 53% rented, while 6% are vacant. Silver Spring real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Silver Spring real estate agent to arrange a tour today!
Learn more about Silver Spring Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Temporarily Off Market
MLS#:
MDMC706758
Type:
General Commercial
Lot size:
0.3 Acres
Year built:
1985
Courtesy: Avenue Real Estate
View additional info

Rare opportunity to purchase a 2,200sf single tenant turn key restaurant property with parking and drive through potential in Montgomery County that sits on a .30 acre lot. The property is built out as a full service restaurant with new kitchen and type 1 hood system and grease trap, etc. The current layout seats approx 30 to 40 people inside and about 20 people on the outside patio. Parking on site up to 18 vehicles. It is a single story building with no basement. The property has great visibility and signage. Well located at corner of New Hampshire Ave and Eldrid Drive, The daily traffic on New Hampshire Ave is excellent at 37,000 vehicles per day. The property has direct access to and from the adjacent daily needs neighborhood strip center. Enjoy co tenant synergy/traffic with the adjacent property. The property is served by 3 access points on New Hampshire Ave , Eldrid Rd and Thomas Dr. Just one mile north of the property, the major intersection of New Hampshire Ave and Randolf Rd where Colesville Center a grocery anchored center is located and many other consumer attractions such as national restaurant chains, Rite Aid and Gas stations drives high levels of traffic through this stretch of New Hampshire Ave. Within a three mile radius of the property there is a population are 110,000 people and an average house hold income of $120,000. Consumer Segmentation: The dominant population segment for this area are married couples that live in single family homes, have 2.5 members in their family. The typical age range is 35 to 42 most are college educated and work in management or professional services.

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