4600 N Park Avenue N # 1S Chevy Chase, MD $ 695,000
4600 N Park Avenue N # 1S
$ 695,000
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4600 N Park Avenue N # 1S

Chevy Chase, MD, 20815
$ 695,000
Baths0.0 Sq 1,465

Monthly Estimate*

$ 4,619

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Studio

Commercial Property for sale in Chevy Chase, MD

for $695,000. This 1,465 square foot building was built in 1990.

Approximately 1500 sqft Office in the heart of Chevy Chase. Within walking distance to restaurants, shops, and Friendship Heights metro station. Design of this office allows for a wide range of uses with a large open space as you enter and 3 private offices to the left and right. Open space can be used for cubicles, multi purpose space, presentation area, etc. Large bathroom within the unit and kitchenette. This is not your average condo, its filled with sunlight with windows on all sides and has a perfect balcony to enjoy the outdoors and get a fresh breath of air. Property is in Class B garden style building with an open courtyard and sitting area. Building is fully ADA compliant with two new elevators installed. Neighbors include medical offices, real estate, lawyer, title company, engineering and consulting firms. 3 dedicated parking spots deeded with the condo. Alarm system, internet and phone Strong Demographics with average household income of $146,000 and 26,000 people within 1 mile. Daytime employee population of 21,000 people. Highly trafficked high income area. Currently 3 parking spots are rented out for $300 total. Individual office with private entrance is rented out for $1500 on a month to month lease. Buyer's choice to continue leasing or can be conveyed at settlement vacant Condo fee is $715 monthly, which is extremely low for the area.

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Commercial Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,987

Style

Professional

Year Built

1990

Town/City

Chevy Chase

County/Region

Montgomery

MLS | Web ID

MDMC2105442

Features
Interior
Heating Fuel Electric
Flooring Carpet
Hot Water Electric
Total Stories 3
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
Total Restrooms 1
Number of Elevators 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate 0-30 Days CD
Zoning CBD1
Construction Materials Brick Concrete Combination
Year Built 1990
Unit Number 1S
Property SubType Office
Tax Year 2024
Percent Ownership Condominium
Cool Fuel Electric
Municipality Friendship Heights
Business Type Professional
Accessibility Other
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Possible Use Church Financial Institutional Investment Medical/Dental Office Professional Service School
Water Access Y/N N
Status ACTIVE
Directions USE GPS
City CHEVY CHASE
Buyer Agent Compensation 3
Waterfront Y/N N
Street Name PARK
Tax Annual Amount 8987.0
Property Condition Very Good
Price Per Sq Ft 474.4
Acceptable Financing Conventional Cash
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 256
Location Type Business Park
Standard Status Active
Year Built Source Estimated
Legal Subdivision PARK AVE CENTER A CODM
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee 715.00 Y
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Exterior
Water Source Public
Type of Parking Public Garage
Water View Y/N N
Building Area Total 1465.00
Land Assessed Value 219700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4600
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* Excluded Features
List By
Samson Properties

Broker

khaled@sakanrealtors.com

Email

Affordability Calculator

$5,368
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,619
Monthly Property Taxes
$749
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2023$695,000 Listed Price

Map


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4600 N Park Avenue N # 1S, Chevy Chase, MD, 20815 is a Commercial Property for sale at $695,000 with 1,465 sqft. 4600 N Park Avenue N # 1S is a studio with 0.0 baths and was built in 1990. The property's zip code is 20815 which is in Chevy Chase, MD