$ 1,399,000
-
$1,399,000
Price -
0
Bed - Bath
-
2,750
SqFt
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About the Listing LNG1 - 53975,3107338
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.*
Listing Highlights for 10101 Lorain Ave
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
MDMC2196874
Year Built
1971
Total Square Footage
2,750
Lot/Acreage
0.22
County
Montgomery
School District
Montgomery County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Luxury Vinyl Plank,Carpet,Tile/Brick,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: The EOF3 zoning designation is for the Employment Office zone, with a maximum density of 3.0 Floor Area Ratio (FAR).
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $9,542
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
10101 Lorain Ave Silver Spring, MD 20901
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