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1017 University Blvd E 3,360 SF Office Building Silver Spring, MD 20903 $1,995,000 ($593.75/SF)

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Investment Highlights

Ideal Owner Occupant Opportunity with excellent visibility.
Up to 3,360 s.f. above grade.

Purple Line Metro Station will be across the street.

Executive Summary

Across the street from Future Purple Line Metro station. Rail tracks are installed in front of the property. This freestanding office/retail building is divided into 4 equally sized (840 s.f.) units either under short term or month to month leases. This building is ideal for an owner occupant or redevelopment use. Each space is fully self-contained with its own HVAC, bathroom and front and rear entrances. Each floor can easily be combined to create 1,680 s.f. spaces on each level. Sewer, water, gas and electric serve the property. The on-site parking and driving areas are paved with concrete. Tenants are responsible for all their own maintenance. Call Larry Rosen for a tour or additional information.

1017 University SALE INFO 4-23-26

Property Facts

Sale Type

Owner User

Property Type

Office

Building Size

3,360 SF

Building Class

Year Built/Renovated

1954/2026

Price

$1,995,000

Price Per SF

$593.75

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

1,680 SF

Slab To Slab

8’

Building FAR

0.45

Lot Size

0.17 AC

Opportunity Zone

Yes

Zoning

CRT-2 - Commercial Residential Town, 2 FAR and 50' Height Limit. Permits retail, service uses, office and other uses.

Parking

8 Spaces (2.38 Spaces per 1,000 SF Leased)

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Fl-Ste 101
840 SF
Office/Retail
-
60 Days

1017 University Suite 102 - 840 s.f. 1st floor space with wide open floor plan and a ½ bathroom. Front and rear entrance doors. Currently leased to a church, but space can be made available for a new tenant. Rate is $3,095 per month, plus utilities with 4% annual increases. Looking for 3-year lease term. Signage available on the building also. Carpet floors.