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850 Sligo Ave
Silver Spring, MD 20910
Fenton Street Gateway · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Southeast corner of Sligo Avenue and Fenton Street
- 80 multi-family units and 6,912 SF of ground floor retail
- Fully approved Silver Spring redevelopment of 82,941 SF
EXECUTIVE SUMMARY
Fully approved Silver Spring redevelopment of 82,941 SF.
• 80 multi-family units and 6,912 SF of ground floor retail
• Walking distance to Silver Spring Metro station and new Purple Line
• Buyer only needs to post bonds to obtain Building Permit
• 20 YEAR FULL TAX ABATEMENT
For a complete marketing package, please contact: Ken Freeman, kenfreemanrealty@gmail.com 347-245-6076
• 80 multi-family units and 6,912 SF of ground floor retail
• Walking distance to Silver Spring Metro station and new Purple Line
• Buyer only needs to post bonds to obtain Building Permit
• 20 YEAR FULL TAX ABATEMENT
For a complete marketing package, please contact: Ken Freeman, kenfreemanrealty@gmail.com 347-245-6076
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
33,573 SF
Building Class
C
Year Built
1965
Price
$4,900,000
Price Per SF
$145.95
Percent Leased
100%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
3,783 SF
Slab To Slab
9’
Building FAR
1.68
Lot Size
0.46 AC
Zoning
CR
Parking
65 Spaces (2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 13-00987137 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,166,733 |
PROPERTY TAXES
Parcel Number
13-00987137
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,166,733
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