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8607 2ND AVENUE #401SILVER SPRING, MD 20910

Commercial · 897 Sq. ft.
$265,000 ACTIVE

8607 2ND AVENUE #401 Overview

Time on Site:
475 days
Visits:
8

SALE PRICE REDUCED TO ONLY: $265,000 or $295 p.s.f. IMPROVEMENTS/PARKING: Attractive unit facing 2nd Avenue and easily accessible right off the elevator! This unit is divided up into 3 - 4 offices, reception area, kitchenette, 1/2 bath and more. The common hallways and offices have either hardwood or laminate flooring. 24/7 access and control of your own HVAC. The unit has its own separate heat pump, air handler, water heater and electric meter. Ready for immediate occupancy. The trash dumpster is located in the rear of the parking area. Ideal for an owner user, as the space will be vacant at settlement. This sale includes 1 covered parking space in the complex, space P-14. ZONING: CR zone. A wide variety of commercial uses are allowed in this zoning. Ideal for office and service uses. REAL ESTATE TAX / CONDO FEE: 2025 real estate tax $3,944. Current condo fee is +/- $481 / month. LOCATION: The property is located directly across from the Fenwick apartment complex on 2nd Avenue between Spring Street and Fenwick Lane. The Silver Spring Metro Station is 3 blocks from the property. The unit is accessible via stairway or elevator. The future Purple Line station will be 3 blocks from the property once complete. SIGNAGE/COMPLEX: Occupant is allowed signage on the directory signs located as you enter the complex near the elevators and a brass sign on the unit door. The complex has two elevators, which allows for ADA access. LEGAL: Tax Map JN 23, Second Ave. Plaza Phase 1 Subdivision, Block 10, Lot P21, unit 401 & P-14. District 13 Account Numbers 02541795 & 02542312.

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8607 2ND AVENUE #401 Facts & Features

  • Type Commercial
  • Sq. ft. 897
  • Price/Sq.ft. $295

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1986

Business Information

  • Business Type: Hair Salon and Spa,Medical,Other/General Retail,Professional,School,Other

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • In City Limits: No
  • Subdivision Name: NONE AVAILABLE

Parking Information

  • Total Parking Spaces: 1
  • Type of Parking: Other

Tax Information

  • County Tax: 1087.12
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $3,826.00
  • Tax Assessed Value: 320200.00
  • Tax Year: 2024

General Information

  • Historic: No
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: CR

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Total Drive In Doors: 0
  • Total Restrooms: 1

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 897.00
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: 32+ wide Doors,Elevator,48+ Halls,No Stairs
  • Cooling: Central A/C
  • Flooring: Wood
  • Security Features: Electric Alarm,Monitored

Unit Information

  • Unit Number: 401

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Concrete

General Information

  • Sewer: Public Sewer
  • Water Access: No

8607 2ND AVENUE #401 Neighborhood

Community

20910 (SILVER SPRING) Demographics

35
Median Age
9,597
Population Density (per sq. mile)
77%
College Educated
$97,944
Estimated Median Income
6,984
Estimated Total Home Owners
13,362
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

8607 2ND AVENUE #401 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8607 2ND AVENUE #401 Market Data

Based on the last 30 days in this zip code

$529,546
Average List Price
$364
Average Price per Square Foot
28
Properties Sold
80
Average Days on Market
133
Properties for Sale
Calculations provided by Reliance Network

8607 2ND AVENUE #401 History

Date Event Value Agent
6/26/2026Source: BRIGHT MLS Price Reduction
$265,000 -11.5%
12/1/2025Source: BRIGHT MLS Price Reduction
$299,500 -7.8%
6/20/2025Source: BRIGHT MLS Price Reduction
$325,000 -7.1%
3/12/2025Source: BRIGHT MLS Added to Database
March 12, 2025
Listing provided courtesy of Commercial & Investment Realty Associates, LLC.- MLS# MDMC2169846MLS ProviderContact Information: 3015306085