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627 University Blvd E

1,536 SF 100% Leased Retail Building Silver Spring, MD 20901 £749,550 (£488/SF)

Investment Highlights

  • Solid brick bldg; 2 half BR; kitchenette; private parking lot in rear + 2 spots in front; 4 separate entrances/exits
  • Will also sell residential property next door (623 Univ Blvd) in near future
  • Additional 325+ sq ft space on upper level for use or storage; close of Univ of MD & future Purple Line metro station

Executive Summary

**TENANT OCCUPIED - MUST CALL FOR APPT FIRST. DO NOT GO WITHOUT APPT ** Currently set up as hair salon on 2 floors. Solid brick building located on high visibility University Blvd East. Tenants will vacate upon settlement. Property has 4 separate entrances/exits; 2 half bathrooms; kitchenette; private parking lot in rear and 2 parking spots at front. Additional 325+ sq ft space on upper level for use or storage. Close to University of MD College Park campus and future Purple Line metro station.
NOTE: Sellers will also sell residential property next door - 623 University Blvd E - currently tenant occupied but vacant upon settlement.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,536 SF
Building Class
C
Year Built
1940
Price
£749,550
Price Per SF
£488
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.24
Land Acres
0.15 AC
Zoning
CRT1 - CRT zoning is a Commercial Residential Town zoning classification in Maryland that allows a mix of residential and non-residential uses in a variety o
Parking
8 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
51 ft on University Blvd East

Amenities

  • Pylon Sign
1 of 1
Bike Score ®
Very Bikeable (71)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 13-01451745 Improvements Assessment £153,224
Land Assessment £139,022 Total Assessment £292,246

PROPERTY TAXES

Parcel Number
13-01451745
Land Assessment
£139,022
Improvements Assessment
£153,224
Total Assessment
£292,246
(301) 439-9500

  • Listing ID: 33904986

  • Date on Market: 17/11/2024

  • Last Updated:

  • Address: 627 University Blvd E, Silver Spring, MD 20901

The Retail Property at 627 University Blvd E, Silver Spring, MD 20901 is currently available For Sale. Contact Fairfax Realty Premier for more information.

Nearby Listings

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627 University Blvd E, Silver Spring, MD for sale Building Photo- Image 1 of 9
Front of property
627 University Blvd E, Silver Spring, MD for sale Other- Image 2 of 9
Rear parking
627 University Blvd E, Silver Spring, MD for sale Interior Photo- Image 3 of 9
Main level view 1
627 University Blvd E, Silver Spring, MD for sale Interior Photo- Image 4 of 9
Main level view 2
627 University Blvd E, Silver Spring, MD for sale Interior Photo- Image 5 of 9
Basement view 1
627 University Blvd E, Silver Spring, MD for sale Interior Photo- Image 6 of 9
Basement view 2
627 University Blvd E, Silver Spring, MD for sale Interior Photo- Image 7 of 9
Upper level
627 University Blvd E, Silver Spring, MD for sale Plat Map- Image 8 of 9
Plat Map

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627 University Blvd E
(301) 439-9500 x

627 University Blvd E

Vilma Luyo

(301) 439-9500

(301) 439-9500

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