Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale of the mixed-use redevelopment site located at 611 Sligo Avenue, Silver Spring, MD. Located in a burgeoning neighborhood on the rise, 611 Sligo Avenue presents a prime investment opportunity in the heart of vibrant Silver Spring. With numerous apartment complexes and mixed-use developments underway nearby, the area is experiencing rapid growth and transformation, making it an ideal time to invest in its promising future. Only minutes from downtown Silver Spring, 611 Sligo Avenue offers convenient access to the thriving urban center and all it has to offer. Formerly a creditor claims office, this 1,998 SF building has multiple office suites. Situated on a 0.16 AC lot zoned CRT which offers flexible usage options, accommodating both commercial and residential ventures. With a FAR 0.75 and height limit of 35 FT, the possibilities for redevelopment are vast. For developers and investors seeking expansion opportunities, neighboring property (609 Sligo) totaling 0.4 AC can be assembled, further enhancing the potential for larger-scale projects. Whether you're a retailer, restaurateur, daycare operator, or entrepreneur with a vision, 611 Sligo Avenue presents a rare and exciting opportunity to realize your business aspirations in a thriving and dynamic neighborhood. |