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Downtown Silver Spring Value-Add Mixed-Use Redevelopment in Opportunity Zone

Purchase an office building in a newly up-zoned Commercial Residential Zone, in close proximity to Metro rail and Metro bus on well-traveled Eastern Avenue bordering Washington, DC. Property sits in a Priority Funding Area and benefits from recent expansion of uses per 2022 Amended Comprehensive Plan through the Silver Spring Downtown and Adjacent Comprehensive Plan. The amended plan allows for a 4 FAR or 24, 000 SQFT building potential. The building is currently 16,000+/- SQFT. Additionally, approved Zoning Code Amendments make this location ripe for repositioning or redevelopment. Approved transit and roadway improvements are value-ads, as they will allow for greater connectivity throughout the 8 distinct districts making up Downtown Silver Spring. Moreover, environmentally and security-focused design on the multi-modal trails/paths and roadways have an emphasis on storm water management and cooling roadways mechanism like right of way rain gardens, and expansion of tree canopy on pedestrian connector roads, sidewalks and roadways.

Recently passed Montgomery County legislation will allow greater density in the split-zoned (CR-3, C-3, R-3, and H-125) location. Proximity to the abutting Kennett Street Garage & Parking Lot opens up opportunity for multiple redevelopment possibilities to include:

Institutional Uses

Residential

Health

Education

Philanthropic

Cultural

Charitable

Specialty Uses

Family Day Care Hospital Educational Private Club/Service Organization Religious Assembly

Restaurant Hotel/Motel Dental Labs Research and Development (R&D) Health Club Radio Facility
#MDMC2130998

SILVER SPRING

7961 EASTERN AVENUE

None Beds

None Baths

16,560 Sq.Ft.

$1,999,999

MLS#: MDMC2130998

Welcome to 5091 Umbria St. Philadelphia! This 28,418 sq ft warehouse features seven individual spaces, five of which are leased out on Triple Net Leases with an annual increase of 3% per year, while two are owner-occupied. Floor plans are available. For more information and copies of leases, please reach out today. The potential here is exciting!
#PAPH2373394

PHILADELPHIA

5091 UMBRIA STREET

None Beds

None Baths

28,418 Sq.Ft.

$2,000,000

MLS#: PAPH2373394

POTOMAC's. BEST BUY!!! FABULOUS $200,000 price reduction!  Welcome home to this beautifully renovated Prescott at Avenel residence sited on one of the largest lots and largest courtyards in the neighborhood.  Scenic views from almost every room, and upgrades galore. The sunny and  wide foyer opens to a two story living room with double sided fireplace, formal library/office, expansive family room with reading alcove and gourmet kitchen with separate breakfast room. The family room and living room provide french doors opening onto the entertaining deck overlooking a lush green lawn with both golf course and wooded views.  An expansive formal dining room and powder room complete this level which includes hallway access to the two car garage. Continuing upstairs you will be delighted by the spacious primary suite with alcove sitting area, multiple closets and an extraordinary renovated primary bath. Stunning views continue to impress. Two additional bedrooms with ensuite baths and an upstairs laundry room are found on this bedroom level. The daylight walkout lower level offers an impressive guest bedroom suite with private bath,  wine cellar, powder room, an entertaining room with fireplace, home theater room, fully finished storage room and cedar closet. A total of four bedrooms, four full baths and two powder rooms all artfully designed for today's living. The Avenel HOA fee provides private security staff,  landscape maintenance, swim and tennis club membership and snow removal.  Prescott at Avenel provides for its residents two additional  private tennis courts.  Hurry this one is a ten! The village of Potomac with upscale restaurants, shopping and retail stores is a three minute drive north providing almost every amenity imaginable. Downtown Bethesda is a ten minute drive east. Approximately 25 minutes to both Reagan National and Dulles International airports. By appointment with 24 hour notice.
#MDMC2199960

POTOMAC

9735 BEMAN WOODS WAY

4 Beds

4 Baths

5,613 Sq.Ft.

$2,000,000

MLS#: MDMC2199960

Prime opportunity to acquire a well-located commercial property currently operating as an independent automotive sales & service center. Positioned in a high-visibility area with a daily traffic count of approximately 9,100 vehicles, this 1.87-acre site is zoned Neighborhood Commercial, allowing for a variety of potential uses. The property’s size, layout, and visibility make it well-suited for future redevelopment ideally for retail, service-based businesses, or creative concepts such as a microbrewery or distillery. The site includes multiple buildings totaling approximately 13,150 square feet, featuring 14 garage bays with overhead doors, interior workspaces, and customer or office areas. One building is approximately 9,172 square feet, and the other is 3,978 square feet. Nearly the entire parcel is paved, offering abundant parking and flexible outdoor space. The property is served by public water and sewer. The business remains in operation. All inquiries and showings must be pre-arranged through the listing agent. Please do not visit the site without the listing agent.
#PALH2013540

FOGELSVILLE

7831 MAIN STREET

None Beds

None Baths

13,150 Sq.Ft.

$2,000,000

MLS#: PALH2013540

Rare listing in exclusive enclave of Laurier development of 29 well maintained and beautifully landscaped homes in sought after Radnor School District.  This pristine French, center hall colonial sits at the end of a cul-de-sac with a premiere 0.80 acre lot that backs up to an additional full acre of maintained private open space with a fenced-in garden and panoramic views. Rows of cryptomerias were added for additional privacy.
  The main level has a dramatic marble foyer, Formal Living Room with crown molding, a  gas fireplace and Brazilian cherry floors. The Formal Dining Room has a chair rail, crown molding,  Brazilian cherry floors and a Butlers Pantry with beverage refrigerator. The completely renovated Gourmet Kitchen features a   large island and quartz counters with a gas Viking six burner stove, both gas and electric Viking ovens, Viking convection microwave and Bosch dish washer. French door with transom windows leads to a large renovated deck (2023) with various sitting areas perfect for entertaining or quiet moments. The spacious Family Room with a raised gas fireplace  overlooks vistas of the beautiful backyard. The custom cherry paneled study with built in bookcases makes the perfect office for those working at home. In addition, there is a large Laundry Room with cabinets, a Mud Room with access to three car garage, a renovated full Bath with double-vanity sinks and an additional Powder Room. 
   The second floor features a large Primary Bedroom with His and Her walk In Closets, and a luxurious spa like  bath with separated double sinks, large shower and a jacuzzi tub.  Bedrooms two and three share a Jack and Jill Bath (renovated with tile floors, double-vanity sinks, custom-lighting). The fourth Bedroom has its own Hall Bath (renovated with tile floors, double vanity sinks, and custom chandelier).  Finally, there is a fabulous Bonus/Fifth Bedroom with a sitting area that is currently used as a second floor Family/Study Room. The second floor can be accessed by both the front or back stairways. 
   The Lower Walk Out Level is perfect for family gatherings or entertaining.  A Family Room  with a custom chandelier perfect for game night is accented by space for a pool/air hockey table with access to an outside patio through three paneled French doors. The lower level is equipped with a wine refrigerator,  Home Theater,  a sixth Bedroom with a full Bath, and an additional  Bonus Room and raw Storage area. Family Room is plumbed for a kitchen with hot and cold water access.
   The home also includes multiple designer chandeliers, plantation shutters, stereo system, and a security system. Stucco has been remediated and all windows were replaced. Stone was added to the front elevation along with all new exterior lighting further adding to this home's charming appeal. 
   Conveniently located  5 minutes to Bryn Mawr train station, 10 minutes to Ardmore Amtrak, 15 minutes to Suburban Square, and 25 minutes to Philadelphia International Airport.
#PADE2070674

BRYN MAWR

329 W LAURIER PLACE

6 Beds

5 Baths

7,719 Sq.Ft.

$2,000,000

MLS#: PADE2070674

Just completed! Impressive 4/5 Bedroom newly constructed Modern Farmhouse, designed by Alt Breeding Schwarz located in the established, upscale neighborhood of Murray Hill. Located steps from Amos Garrett Park and kayak/SUP access to Spa Creek you can't beat this neighborhood!  Open floor plan, beautifully appointed and  careful attention to detail, this home has approximately 5000 sq feet of finished space. Large kitchen with quartz island and Cafe appliances.  Four large bedrooms and three full baths on the second floor including the spacious owners suite and luxurious bath. Screened porch, hardwood floors, 9 ft ceilings, 2 gas fireplaces, 2 car garage with paver driveway.  Fully finished lower level with full bath and flexible space for exercise/media/bedroom.
Community amenities include Playground/Fields/Track just three blocks away as well as access to Truxton Park Trails and Chesapeake Children's Museum.
#MDAA2034634

ANNAPOLIS

113 GRANADA AVENUE

5 Beds

4 Baths

5,083 Sq.Ft.

$2,000,000

MLS#: MDAA2034634

Wooded  1.12 acre waterfront lot.
#MDAA2024802

ANNAPOLIS

3178 HARNESS CREEK ROAD

None Beds

None Baths

1.12 acres

$2,000,000

MLS#: MDAA2024802

Don’t miss this rare opportunity to own this turn-key, fully occupied 9-unit income-generating investment property, with 9 rented garages, situated on a beautiful .84-acre corner lot in a sought-after Easton neighborhood. This garden-style apartment building delivers immediate and consistent cash flow. With 9 additional parking spaces, a strong rental history, and below-market rents, this property presents excellent upside potential for increased revenue. Originally a private hospital in the early 1900s, the property was thoughtfully converted into apartments, offering both charm and functionality. Enjoy city living with a suburban feel, located within walking distance to downtown Easton’s vibrant dining, shopping, and entertainment scene. Conveniently located near Routes 22, 33, and 78, this property is ideal for investors seeking both long-term stability and future growth. This property will be delivered with a clear Certificate of Occupancy. This is a rare, hassle-free investment opportunity in a prime Easton location. Schedule your showing today!
#PANH2008286

EASTON

228 N 14TH STREET

None Beds

None Baths

5,375 Sq.Ft.

$2,000,000

MLS#: PANH2008286

Presenting An Exceptional Commercial Opportunity Located In  Highly Sought-After Montgomery Township, With A Very High-Volume Traffic Count Immediately Adjacent To The Penn Medicine Montgomeryville (Scheduled To Open In 2027 With Approximately 800-Space Parking Structure). The "Manor Medical Building" Complex Features 2 Suites: The Front Suite "A" Is A Converted Two-Story Single Family Farmhouse (circa 1809); The Rear Suite "B" , Built In 1984, Has Continuously Served As A Medical Office Since That Time; The Combined Net Rental Area Is 8,074+/- Square Feet On A Picturesque 1.92+/- Acre Lot with 255' Frontage, Offering An Unparalleled Combination Of Curb Appeal And Commercial Viability, Thus Providing A Strategic Advantage For Any Business Seeking Maximum Exposure; The Versatile Layout Can Accommodate Various Business Models, Possibly Professional Offices, Medical Offices, Retail Boutiques, Or A Personal Service Facility (Check With The Zoning Office In Montgomery Township For Many Possible Uses); The Front Suite "A" Embodies Historic Charm With Period Architectural Details, Residing In A Beautifully Converted Circa 1809 Farmhouse, Thus Offering Unparalleled Curb Appeal; Access To Unit "A" Consists Of A Private Flagstone Entrance Leading To An Expansive, High-Ceiling Waiting Room With A Stone Fireplace, A Reception Area With The Original Walk In Stone Fireplace With 3 Built In Desks, 2 Private Offices, Each With A Period Fireplace Circa 1890, And A Powder Room; A Staircase Leads To The Second Floor, Consisting of 4 Private Offices, 2 Treatment Rooms (Or Offices), A Second Smaller Reception Area, A Supply Room, A Storage Room And 3 Powder Rooms; There is Basement Access Via A Bilco Door Entrance; The Rear Suite "B" Features A Private Entrance To A First Floor Reception/Waiting Area With A Modern Fireplace And A Nice Mixture Of Exam Rooms, Private Offices, Consultation Rooms And A Surgical Office (Possibly A Total Of 8-9 Offices), Plus A Kitchenette, A File Room, 2 Powder Rooms; The Second Floor Consists Of Administrative Office Space, 2 Additional Private Offices, A File Room, A Kitchenette, A Storage Room And A Powder Room; The Property Is Equipped With Separate Electric Meters, Separate Hard-Wired Heat/Smoke  Detector/Alarm Systems, And Separate Heating/Cooling Systems (Oil-Fired Forced Air Heat/Electric Powered Central Air In The Front "A" Unit And Electric Heat Pump In The Rear "B" Unit; This Unique Building Provides An Unparalleled Combination Of Historic Charm With Modern Commercial Viability, All In A High-Volume Traffic Location Ensuring Maximum Business Exposure; Explore The Many Possible Uses...Schedule Your Private Tour Today.

Current Rents - Unit "A" - $9,585.00 Per Month And Unit "B" - $10,271.00 Per Month.
#PAMC2158472

NORTH WALES

124 DEKALB PIKE

None Beds

None Baths

N/A

$2,000,000

MLS#: PAMC2158472

This property will be offered at Public Auction on Monday, November 4, 2024 @ 1pm.  The listing price is the opening bid only and in no way reflects the final sale price.  10% down due at auction, 2% transfer tax to be paid by the purchaser, real estate taxes prorated. This 81-acre farm in Manor Township presents a picturesque setting with its charming limestone home, expansive tillable acreage, wooded areas, and a large pond. The limestone home features steel bridge construction, allowing future owners the flexibility to rearrange the interior layout. Inspired by Italian country homes, the interior showcases plaster walls, reminiscent of the owner's birthplace. The first  floor features imported Italian marble flooring, a spacious kitchen with custom cabinetry, a formal dining room, and a living room with custom inlaid, two story, wood ceiling with a large iron chandelier. The study is equipped with built-in bookcases, and the three full bathrooms are finished with imported Italian marble floors and sills. The second floor can be accessed by a custom open steel and wood staircase and boasts 3 bedrooms with oak flooring. The lower level of the home consists of a large basement with high ceilings, cellar storage and garage. Additional amenities include a concrete patio, a modern two-story bank barn that has been rebuilt within the last 8 years, recreational spaces on the property, and convenient access to the Susquehanna River. This property enrolled in Clean & Green and Ag Preserve.
#PALA2058208

CONESTOGA

3587 RIVER ROAD

3 Beds

2 Baths

2,652 Sq.Ft.

$2,000,000

MLS#: PALA2058208

Serious development/building potential on over 74 flat acres in New Oxford. Expansive road frontage on The Spangler Rd and Seven Hundred Rd. Public utility readily available - water is on Carlisle Pike and sewer is on Seven Hundred Rd. A previous preliminary site plan contained 112 homes and met eligibility requirements for approval with the township. Subdivision potential and utility access has been confirmed with the township. Zoned R-1. Property is currently in Clean and Green and farmed with one occupied, custom built home on the property. Could also stay in farmland. Do not enter driveway without an appointment. These opportunities do not come available often. Please contact Listing Agent with any questions and for more information.
#PAAD2020988

NEW OXFORD

1145 THE SPANGLER ROAD

None Beds

None Baths

74.34 acres

$2,000,000

MLS#: PAAD2020988

15149 Bloyers Ave Hagerstown Md, Discover an outstanding LEAD-FREE property, boasting a total of 17 units that redefine modern living. This property includes 8 spacious two-bedroom units, 8 cozy one-bedroom units, and a large 4-bedroom single-family home, each designed with comfort and style in mind. The seller has undertaken comprehensive renovations, transforming the property into a paragon of perfection without sparing any expense.

The renovation extends to every corner of the property. High-quality metal roofing systems now cover all structures, offering energy efficiency, a sleek modern look, and durability with a 30-year warranty. Inside, each unit has been thoughtfully upgraded to enhance living experiences. Features include new LED recess lighting, fresh trim, top-tier waterproof laminated flooring, and completely revamped kitchens equipped with premium cabinets, countertops, and select stainless-steel appliances. The design ethos here is minimalist modern, blending contemporary aesthetics with luxurious touches for a unique living space.

Moreover, the property’s exterior at 15149 Bloyers Ave has received significant attention. Upgrades include a brand new septic system, landscaping improvements, new paving for the parking lot, and more, ensuring the outside matches the interior’s high standards.

Nestled in an idyllic county location, this property enjoys the tranquility of a peaceful setting without city taxes, yet remains conveniently close to essential amenities. It represents an unparalleled investment opportunity, offering a blend of modern luxury and prime location. With all renovations completed, this turnkey property is ready for new tenants, requiring no additional work.

In essence, this lead-free multi-unit property stands as a prime example of a hassle-free investment, offering meticulously upgraded interiors, durable and stylish exteriors, and a desirable location. It’s a unique opportunity to own a property that combines luxury, modern amenities, and a strategic location into one seamless investment.
#MDWA2021272

HAGERSTOWN

15149 BLOYERS AVENUE

None Beds

None Baths

9,859 Sq.Ft.

$2,000,000

MLS#: MDWA2021272

4206 Roland at the Water Tower. A prime opportunity to own a well-maintained licensed 12 large Apartments Building in Roland Park area with 18 garages. Easy access to almost everything includes major routes, Universities, shopping, restaurants and so much more. This gorgeous Colonial Revival Apartment Building includes 6 – two BD Apartments (2 with separate Den) and 6-one BD Apartments (3 with separate Den), approximately 15,000 sq ft of rental space. Easy to manage with separately metered for gas & electric, bright sun-lit design interior space, high ceilings, sun porches, hardwood floors, separate storage units, and great location. Outstanding community with a beautiful setting by Water Tower provides an ideal investment to suit your model.
#MDBA2015048

BALTIMORE

4206 ROLAND AVENUE

None Beds

None Baths

16,000 Sq.Ft.

$2,000,000

MLS#: MDBA2015048

Welcome to 864 Monteith Drive, a one-of-a-kind, custom-renovated home offering over 8,000 square feet of luxurious indoor and outdoor living. Fully redesigned and expanded in 2018, this Main Line stunner is essentially newer construction, blending timeless style with modern design. From the moment you arrive, the home’s commanding presence is evident. A full exterior reconstruction introduced stone cladding, Hardi Plank siding, custom standing seam metal roofing, and elevated trim details in AZEK PVC. The covered front porch with Timbertech decking and classic composite storm shutters sets the tone for what lies within. Inside, enjoy 5,600 sq ft above grade, plus a finished 1,400 sq ft basement with a home gym, rec room, guest suite, radiant heat flooring, and golf simulator setup. The main floors feature site-finished White Oak hardwoods, all newer HVAC, plumbing, electric, windows, insulation, and custom finishes throughout.  There is a foyer with side sweeping staircase to second floor.  A first-floor office/study with glass door offering quiet efficiency. A standout feature of this chef-inspired kitchen is the expansive 16-foot marble island, which serves as both a generous workspace and a natural gathering spot. Other highlights include a Thermador Professional six-burner range with griddle, a Thermador dual-fuel oven for precision baking, as well as a Bosch electric oven, dishwasher, and microwave—all chosen for their reliability and performance. Cold storage is maximized with oversized Frigidaire Professional refrigerator and freezer units, delivering commercial-grade capacity in a residential setting. Overall, this kitchen is a masterclass in design and functionality—crafted for serious cooking, effortless entertaining, and everyday living.  All adjacent to an overflow seating area and large sliding doors overlooking the lush rear yard and landscape.  The formal dining room can seat 16+ guests for dinner. The great room offers recessed lighting, in wall speakers, plantation shutters and a rear staircase to upper floor game room with vaulted ceiling, pool table and living quarters.   The oversized 3+ car garage offers a workshop, loft storage, built-ins, and even a 220v generator hookup.
Love to Entertain? The resort-style backyard includes a saltwater pool and spa, plus a covered outdoor living room with TV, radiant ceiling heaters, and barn wood accents and another covered full outdoor kitchen with stone cabinetry, pizza oven, grills, fridge, sink, Dekton counters, bar seating and built-in lighting. All overlooking a stunning heated pool and spa with new plaster, Pentair wireless controls, and Polaris cleaner.  Front and back yards are professionally hardscaped with patio and stamped concrete walkways and lighting.
The upper level of this home is thoughtfully designed with two distinct living areas. The main section offers three spacious bedrooms, one with a private ensuite bathroom and the other served by a large hall bath and a convenient second-floor laundry room with granite countertops, sink and cabinetry.  At the heart of the second floor lies the luxurious primary suite, a true retreat featuring a cozy sitting area, walk-in closets, and a spa-inspired bathroom complete with a double vanity, oversized shower with a rain head, and a soaking tub.  This serene space flows seamlessly into a vaulted great room, perfect for relaxation or entertaining, with a pool table and large TV area. Nearby, a second hallway leads to two additional bedrooms that share a hall bathroom—ideal for family or guests.
Incredible lower level with gaming/movie watching area, potential 6th bedroom with full bath and walk out lower level, gym and golf simulator set up.
Located in the award-winning T/E School District (walk to New Eagle Elementary), minutes from downtown Wayne, shopping, dining, and regional rail. This is luxury, redefined.
#PACT2099136

WAYNE

864 MONTEITH DRIVE

5 Beds

5 Baths

7,000 Sq.Ft.

$2,000,000

MLS#: PACT2099136

Opportunities are endless with this nearly 60-acre property in Middlesex Township.  Approximately 30 acres currently farmed with remaining acreage (27 acres +/-) used for recreational purposes as "picnic grounds" by a local fraternal club.  The buildings include a 6,630 SF block social hall with commercial kitchen and restrooms; metal pole building 1,500 SF; three pavilions; large BBQ pit; storage garages; 17 fenced horseshoe pits with clubhouse.  Property is served by a well and holding tank.  Potential to extend public sewer to site.  Zoning (Residential Farm) allows single-family dwellings (60,000 sf min. lot size),  agricultural uses, public and municipal uses, schools, recreational uses, parks, commercial kennels, commercial equestrian use, farm equipment sales/service, church uses, and more.  Property has long, paved entrance driveway from Wolfs Bridge Road.  Ideal for development, outdoor recreation, church camp, venue, or use by a private organization!
#PACB2026836

CARLISLE

151 WOLFS BRIDGE ROAD

None Beds

None Baths

12,946 Sq.Ft.

$2,000,000

MLS#: PACB2026836

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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