2500 Briggs Chaney Road Silver Spring, MD $ 1,200,000
2500 Briggs Chaney Road
$ 1,200,000
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2500 Briggs Chaney Road

Silver Spring, MD, 20905
$ 1,200,000
Baths0.0 Sq 4,400

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Silver Spring, MD

for $1,200,000. This 4,400 square foot building was built in 1969 on a lot size of 0.95.

Huge price adjustment. Real Estate and business included in the sale, has Group Home license, easy to change to drug/alcohol rehab facility if desire. 2-level all brick rancher, walk-out basement. Established business since 1999. Successful Elder Care/Senior Living facility in Fairland Farm, Silver Spring. This facility offers 8 beds, 5 full baths, 1 half bath. There is adequate room on the property for an addition to house more residents. Please verify with county. A/C is brand new, waterheater is 6 years old, roof 5 years, windows 6 years, whole house equipped with sprinklers. All residents are private pay with monthly rate of $3500-$4500 per bed, currently there are only female residents, the rates are higher for male residents. There is also an oversized detached 2-car garage with loft totalling 1600+ sf, potentially could be built out as an office or apartment unit above the garage. Large fenced in backyard, almost 1-acre lot with circular driveway enough for 8+ cars. Location is perfect, just minutes from the main thoroughfares, 200, 29, I-95, 198, 650.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,557

Style

Institutional

Lot Size

0.95

Year Built

1969

Town/City

Silver Spring

County/Region

Montgomery

MLS | Web ID

MDMC2107756

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
Total Restrooms 5
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Electric Available Natural Gas Available
Possession Settlement
Roof Architectural Shingle
Zoning R200
Construction Materials Brick
Exclusions personal items
Year Built 1969
Property SubType Special Purpose
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Institutional
Accessibility 32 + wide Doors
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Possible Use Bed & Breakfast Day Care Professional Service Residential Senior Assisted/Day Care
Water Access Y/N N
Status ACTIVE
Directions On Briggs Chaney at Fairdale Road
City SILVER SPRING
Buyer Agent Compensation 2
Disclosures Sell Entirely
Total Units 1
Lot Size Square Feet 41588.00
Waterfront Y/N N
Street Name BRIGGS CHANEY
Tax Annual Amount 7557.0
Property Condition Good
Price Per Sq Ft Total 272.73
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 250
Standard Status Active
Year Built Source Estimated
Legal Subdivision FAIRLAND FARMS
Tax Lot P8
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Private
Lot Features Corner Open Level Rear Yard
Water Source Public
Inclusions as installed
Type of Parking Driveway Private Garage
Water View Y/N N
Building Area Total 4400.00
Lot Size Acres 0.95
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 311200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2500
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* Excluded Features
List By
Realty One Group Capital

Broker

bea.kim.le@gmail.com

Email

Affordability Calculator

$8,605
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$630
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
5/24/2024$1,200,000 -14.29% Price Down
9/18/2023$1,400,000 Listed Price

Map


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2500 Briggs Chaney Road, Silver Spring, MD, 20905 is a Commercial Property for sale at $1,200,000 with 4,400 sqft and a lot size of 0.95. 2500 Briggs Chaney Road is a studio with 0.0 baths and was built in 1969. The property's zip code is 20905 which is in Silver Spring, MD