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8216 Georgia Ave , Silver Spring, MD 20910
$3,500,000
Est. Payment: $18,628.47/mo
5843 Sqft
0.16 Acres
Status: active under contract | Days on site: 696
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House Description

USER BUILDING SELLER FEELS BUILDING CAN BE DELIVERED VACANT FOR A USER FOR SALE IDEAL FOR LOUNGE, RESTAURANT, EVENT CENTER, RELIGIOUS USES, ETC. 5,843 Sq. Ft. 8216 Georgia Avenue Silver Spring, Maryland 20910 TENANT: Entire property is leased to Third Hill Brewing Co. BUT CAN BE DELIVERED VACANT. This is a NNN lease except landlord covers the fire insurance cost. Tenant pays real estate tax, utilities, all maintenance including roof, structure, HVAC and other interior components. SQUARE FEET: 5,843 s.f. of building at street level. The property contains +/- 7,062 square feet of land. SALES PRICE: $3,500,000 REAL ESTATE TAX / INSURANCE: 2023 real estate taxes of $22,045 paid by tenant & building insurance of $1,482 paid by landlord. IMPROVEMENTS: This is a single level in-line cinderblock and brick retail building facing Georgia Avenue in downtown Silver Spring. There are multiple access points from the front, side and rear. The space is wheelchair accessible from a ramp along the side of the building and the building is sprinklered. The primary structure was built around 1922, however in 2017 the building was gutted and completely redesigned for its current use and brought up to code. There are two HVAC package units (10 ton and 5 ton) with gas fired furnace heat and electric A/C on the roof and interior ductwork providing central heat and air. The floors are smooth concrete. The roof is a white TPO rubber system with R-25 rigid insulation. The interior is designed in sections that include the large Tap Room in the front along Georgia Ave., the large rear Brewery Room, exterior dining/gathering area, a kitchen, two large bathrooms, large walk-in cooler, office, storage and trash room. The Tap Room contains seating for +/- 60 people with plenty of additional standing room as well, along with exterior elevated seating with a full canopy above with 4 large tables that can accommodate an additional +/- 24 people. The Tap Room has a bar / counter, 16 beer taps, hand sink, dishwashing station, customer water dispenser and two large glass panel roll up doors that provide an open and airy sensation to the space. There are high ceilings throughout the building. The large Brewery Room contains multiple stainless steel fermenter tanks and brewing equipment. This area has high ceilings, skylights, floor drain, storage, etc. There is a large open area allowing people to gather and view the activities within this space. There is a Kitchen area (+/- 216 s.f.) for assembling of prepared foods. This room contains 4 refrigerators, 3 compartment sink, 2 handsinks and counters. There is no hood system. There is a large walk-in cooler (+/- 400 s.f.) for storage of kegs and other beverages. SECURITY AGREEMENT: In the event of a default under the lease by tenant, landlord holds a lien on tenant’s equipment. A full list of the secured items can be provided as needed.

Highlights

Listed by Lawrence Rosen , 3017938901 Commercial & Investment Realty Associates, LLC. , 3015306085. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1922

County

Montgomery

School District

Montgomery County Public Schools

Listing ID

MDMC2139366

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Interior Features

Air Cond:Central A/C,Multi Units,Programmable Thermostat,Roof Mounted,Zoned
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:CR5.0
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:On Street,Public Garage
Principal Interest
$18,628
Taxes
$1,869

Home Price

$3,500,000

Loan Details

30 yrs
7%

Down Payment

20%
$700,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,628.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,628.47 $1,868.67 $0.00 $20,497.14
Yearly $223,541.64 $22,424.00 $0.00 $245,965.64
Total $6,706,249.15 $672,720.00 $0.00 $7,378,969.15
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Silver Spring, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS