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Listed by H. Joe Faraji • Long & Foster Real Estate, Inc.

$1,399,000

Est. payment - /mo

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9,617 Sqft Lot

Active

10101 LORAIN AVE Silver Spring, MD 20901

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDMC2196874

Year Built 1971

Annual Tax Amount $9,542

Tax Year 2024

Lot Size 9,617 Sqft

Acres 0.22

Property Sub-Type Office

Source BRIGHT

Property Description

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.*

Location

State MD

County Montgomery

Zoning EOF3

Interior

Hot Water 60+ Gallon Tank

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank, Carpet, Tile/Brick, Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 161301035185

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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10101 LORAIN AVE Silver Spring, MD 20901

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Key Details

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10101 LORAIN AVE