8426 PINEY BRANCH ROAD, Silver Spring, MD 20901

$2,900,000 Asking Price

3 beds
2 baths
3,856  sqft
Built in 1943

PRICE REDUCED! ALL OFFERS WILL BE CONSIDERED. If you are seeking an excellent investment opportunity zoned for Commercial and/or Residential use in a prime location this is for you! Opening soon is the new "Purple Line ", a 16 mile light rail line situated minutes from this property which may bring many opportunities for investors. This exceptional 3-lot package is .43 acres (tax id: 161301397842, 161301397831, 161301397853). Investors, developers and homeowners alike will find a wealth of potential in this property. The brick cape cod boasts spacious rooms with hardwood floors, providing a comfortable and charming living space. With close proximity to the Metro, its strategic location is ideal for those who value convenient commuting. Beyond the charm of the residence, the three adjacent commercially-zoned lots, totaling 21,241 square feet offer endless possibilities. These lots could be developed into a retail space, an office building, or any other lucrative commercial venture. With a location convenient to major highways, shopping, and dining, this property is highly desirable and poised for success. Don't miss out on this exceptional opportunity to secure a valuable investment in a thriving area. Schedule an experience today to explore the possibilities firsthand. NOTE: PROPERTY IS ZONED FOR BOTH RESIDENTIAL AND COMMERCIAL. SEE COMMERCIAL LISTING #MDMC2149642

Features & Amenities

Interior

General:
Dining Area,Wood Floors
Basement:
Partially Finished,Walkout Level
A/C:
Central A/C
Heating:
Y, Hot Water, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Cape Cod

Construction

Roofing:
Slate
General:
Brick, 3, Concrete Perimeter

Location

Originating MLS:
BRIGHT_MAIN
School District:
MONTGOMERY COUNTY PUBLIC SCHOOLS
County:
MONTGOMERY

Lot

Zoning:
CRT2., 161301397853
Current Use:
R

Utilities

Utilities:
Electric Available,Water Available,Sewer Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Smart Realty, LLC, Anthony M Arnoux

About Silver Spring, MD

Housing

Number of Units
117,362
Median Home Value
$434,994
Median Rent
$1,599

44.06% of housing units are renter occupied.

4.44% are vacant.

Commute

Car
54.69%
Public Transportation
13.64%
Walk to Work
1.39%
Work from Home
29.15%
Other
0.81%

The median travel time to work is 27 minutes.

People

Population
299,671
Median Age
38.80
Median Household Size
2.91

Education

High School
17.25%
Associate’s Degree
5.57%
Bachelor’s Degree
24.02%
Graduate Degree
25.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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