1. Maryland
  2. Silver Spring
  3. 10101 LORAIN AVE
$1,399,000

10101 LORAIN AVE, Silver Spring, MD 20901

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Seize this rare chance to own a highly coveted commercial property in the thriving Northwood Park area. Conveniently positioned just minutes from I-495 and a short drive to Downtown Silver Spring, Chevy Chase, Bethesda, Rockville, North Bethesda, Washington, D.C., and beyond, this location offers unparalleled accessibility. Previously serving as a medical office, this property is zoned EOF-3 (Employment Office), making it an exceptional fit for a diverse range of professional enterprises. The versatile zoning allows for: 1. **Office & Technology Services** – Perfect for general offices, innovative professional services, or cutting-edge tech businesses. 2. **Light Industrial & Warehouse** – An ideal space for light manufacturing, warehousing, and distribution. 3. **Neighborhood Retail** – Opportunities for small-scale retail that caters to local businesses and residents. 4. **Food & Beverage Establishments** – Limited service dining options permitted under specific conditions to attract food enthusiasts. The EOF-3 zoning also offers an impressive maximum density of 3.0 FAR, empowering developers and investors to explore high-density projects (with Planning Board approval) such as mixed-use redevelopment, specialty retail, vehicle sales, and residential conversions to cater to the community’s growing demands. With its prime location, adaptable zoning, and promising redevelopment potential, this property represents an extraordinary investment opportunity for savvy owners, dynamic businesses, and visionary developers. Recent renovations feature elegant luxury vinyl plank flooring throughout most areas, enhancing its appeal. This property is FULLY PREPARED FOR YOUR BUSINESS and is entirely turnkey, ensuring you can hit the ground running. *Don’t miss out! Please check with Montgomery County regarding all possible uses for the property. The information provided is deemed RELIABLE but NOT GUARANTEED.* *Please Check with Montgomery County Regarding All Possible Uses For The Property -- Information Above Deemed RELIABLE, But NOT GUARANTEED.*

Listing Status:
Active
Listing Office:
Long & Foster Real Estate, Inc. : 2404971700
Listing Agent:
H. Joe Faraji : 2402747000
MLS ID:
MDMC2196874
  • Flooring: Luxury vinyl plankCarpetTile brickConcrete
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: 2+ Access Exits

This listing courtesy of H. Joe Faraji, Long & Foster Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pine Crest Elementary School

201 Woodmoor Dr, Silver Spring, MD, 20901

Grades 3-5

0.52 miles away

E

Eastern Middle School

300 University Blvd E, Silver Spring, MD, 20901

Grades 6-8

1.00 miles away

M

Montgomery Blair High School

51 University Blvd E, Silver Spring, MD, 20901

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.