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8216 Georgia Ave

5,843 SF Retail Building Silver Spring, MD 20910 $3,500,000 ($599/SF)

Investment Highlights

  • Fully built out and operating Brewery. Kindly do not interfere or communicate with current operation or employees.
  • Seller believes he can deliver the building vacant, IDEAL PURCHASE FOR A NEW USER / BUYER!
  • Fully remodeled in 2017 for the current use.
  • Ideal for lounge, restaurant, religious uses, event center, etc.

Executive Summary

Ideal for a restaurant, lounge, religious uses, event space and more.
IMPROVEMENTS: The Seller believes this property can be delivered vacant, therefore this is an ideal purchase for a new USER/OWNER.
The interior is designed in sections that include the large Tap Room in the front along Georgia Ave., the large rear Brewery Room, exterior dining/gathering area, a kitchen, two large bathrooms, large walk-in cooler, office, storage and trash room.
The Tap Room contains seating for +/- 60 people with plenty of additional standing room as well, along with exterior elevated seating with a full canopy above with 4 large tables that can accommodate an additional +/- 24 people. The Tap Room has a bar / counter, 16 beer taps, hand sink, dishwashing station, customer water dispenser and two large glass panel roll up doors that provide an open and airy sensation to the space. There are high ceilings throughout the building.
The large Brewery Room contains multiple stainless steel fermenter tanks and brewing equipment. This area has high ceilings, skylights, floor drain, storage, etc. There is a large open area allowing people to gather and view the activities within this space.

There is a Kitchen area (+/- 216 s.f.) for assembling of prepared foods. This room contains 4 refrigerators, 3 compartment sink, 2 handsinks and counters. There is no hood system. There is a large walk-in cooler (+/- 400 s.f.) for storage of kegs and other beverages.
This is a single level in-line cinderblock and brick retail building facing Georgia Avenue in downtown Silver Spring. The space is wheelchair accessible from a ramp along the side of the building and the building is sprinklered. The primary structure was built around 1922, however in 2017 the building was gutted and completely redesigned for its current use and brought up to code. There are two HVAC package units (10 ton and 5 ton) with gas fired furnace heat and electric A/C on the roof and interior ductwork providing central heat and air. The floors are smooth concrete. The roof is a white TPO rubber system with R-25 rigid insulation.
SEE FULL MARKETING PACKAGE ATTACHED.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,843 SF
Building Class
C
Year Built/Renovated
1922/2018
Price
$3,500,000
Price Per SF
$599
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
CR 5.0 - CR 5.0 with a 5 FAR for both commercial and residential uses and a 300’ height limit.
Frontage
30 FT on Georgia Ave

Amenities

  • Pylon Sign
  • Signage
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (89)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Club Pilates
Starbucks
Giant Food
Mamma Lucia
Capital One
Citizens Bank
Chase Bank
Planet Fitness
Truist
Sandy Spring Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-01048030
Land Assessment
$1,060,300
Improvements Assessment
$528,900
Total Assessment
$1,589,200
  • Listing ID: 31978290

  • Date on Market: 5/31/2024

  • Last Updated:

  • Address: 8216 Georgia Ave, Silver Spring, MD 20910

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