8404 Georgia Ave

Feldman Ruel is pleased to offer for sale 8404 Georgia Avenue, a two-level retail/office property located in the heart of Downtown Silver Spring. The subject property is prominently situated at a signalized intersection on Georgia Avenue, a major artery connecting Washington, D.C. and the Montgomery County suburbs. The site is heavily trafficked by both vehicles and pedestrians in a live-work commercial district known for round-the-clock dining, shopping, and entertainment. The site is two blocks from the Metro Red Line and MARC Silver Spring station, two blocks from two future Purple Line stations, and one block from a public parking garage. Larger than most area retail, the subject property consists of a street level and a second level; two private parking spaces behind the property are accessed by an alley. The property is delivered vacant. Most recently used as an office, the property’s by-right uses also include retail, restaurant, cultural or religious institution, day care, and medical/dental clinic. In line with Montgomery County’s master plan, multifamily projects are bringing more residents to the transit-friendly neighborhood, which abuts the D.C. border. The site’s CR 5.0 zoning allows for future development up to 16,815 SF and 260 feet in height.