Sold

CLOSED

523 Dale Dr

Silver Spring MD, 20910

$2,000,000


$271.11 per sqft

Sold

CLOSED

7,377 sqft

Commercial

Built in 1938

Rare Opportunity to acquire 6 Unit Retail and Residential Property. Located just a stone's throw away from the future Purple Line, which is set to open in 2027, this spot offers convenient access to public transportation. The asset at 523 Dale Drive, Silver Spring, Montgomery County, Maryland is a well-located mixed-use corner property in a micro-commercial market that serves local consumers and long-time customers. With ample parking for both retail customers and apartment residents, this asset is conveniently located in an extremely stable neighborhood, 1.5 Miles to Washington DC border, 1.3 Miles to I-495, 2 Miles to Tacoma Park Metro, immediate proximity to Whole Food Market.

Zoned CRT-allows a variety of uses including multiple dwelling unit residential / commercial development

DO NOT DISTURB THE CURRENT OPERATORS! under no circumstances may interested parties ask questions to employees or walk-in during business hours. Lister will arrange all tours of the property for serious-well qualified buyers. Additional information available after signing a confidentiality agreement and proof of funds.

MDMC2077228

MLS ID

December 2, 2022

Listed

October 2, 2024

Updated

Map

523 Dale Dr
Silver Spring MD, 20910

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Oil

Exterior/Building Features

Lot Size

0.17 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$15,075


Tax Frequency

Annually


Days on Market

90


Garage

No


Parking Total

15


View

No


County

MONTGOMERY


Water Source

Public


Pool

No

Listed by Fairfax Realty
Listing Contact: 7033953123 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 4:03 AM UTC

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