Recently Viewed Properties
See This Home
Save This Listing
Close

$4,500,000

  • Sold
  • Closed
  • Commercial Institutional
See This Home
Save This Home
See This Home
Save This Home
FULLY LEASED RETAIL BUILDING FOR SALE of 19,495 s.f. of rentable sq. ft. on three levels plus core space in the lower level containing building sprinklers, electric and other building components. Divided up into 7 separately demised spaces. Site at corner of Georgia Avenue and Thayer Avenue. There is retail signage along both streets. The building is fully sprinklered, contains an elevator and two stairways or direct walk in access to all spaces. Each space except unit #1 has wheelchair accessibility. There is a flat membrane roof, painted masonry, ceramic tile, glass and Ipe exterior walls, aluminum double pain framed windows and multiple roof mounted gas fired package units with electric AC. See marketing package attached with limited financial details. Seller is requesting potential buyers sign and return the non disclosure agreement to be provided full financial details.

Full Property Details for 8241 Georgia Ave

General

  • Sold For: $4,500,000
  • Taxes: $36,330 (2024)
  • Status: Closed
  • Type: Commercial Institutional
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDMC2184746
  • Added to Site: 224 day(s) ago

Business

  • Business Type: Flex, Hair Salon and Spa, Medical, Professional, Resta

Parking

  • Parking Type: On Street, Public Garage

Location

  • County: MONTGOMERY
  • Driving Directions: From Beltway and Georgia Avenue exit onto Georgia Ave. south towards D.C., proceed about a mile to downtown Silver Spring. Property on the left at the corner of Thayer Ave. and Georgia Ave.

Heating & Cooling

  • Cooling Type: Roof Mounted
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Builder: The Thayer Building
  • Construction: Brick, Block, Concrete, Glass
  • Elevator(s ): 1
  • Stories/Levels: 3
  • Building Size: 20700
  • Year Built: 1987
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,551
  • Lot Size Source: Assessor
  • Zoning: CR5.0

Financial Considerations

  • Price Per Sq. Ft.: $241.55
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax: $33,228
  • County Tax Freq: Annually
  • Tax w/Assessment: $2,996,433
  • Tax Amount: $36,330
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 2D

Listed by Commercial & Investment Realty Associates, LLC., Lawrence Rosen and Arnold Kronman Litman, Arnold K Litman
Sold by Arnold Kronman Litman, Arnold K Litman and Non Subscribing Office, NON MEMBER

Listing agents

— 8241 Georgia Ave —

  • Lawrence Rosen

    Commercial & Investment Realty Associates, LLC.

  • Arnold K Litman

    Arnold Kronman Litman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8241 Georgia Ave

School District:Montgomery County Public Schools, Gaithersburg, MD
NameGradesDistance
Sligo Creek Elementary School
500 Schuyler Road, Silver Spring, MD 20910
K-50.8 mi
Silver Spring International Middle School
313 Wayne Ave, Silver Spring, MD 20910
6-80.8 mi
Montgomery Blair High School
51 University Boulevard East, Silver Spring, MD 20901
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8241 Georgia Ave

Date
Details
Price
Change
Source
1/13/2026
Sold
$4,500,000
-10%
MLS
7/31/2025
Price Increased
$5,000,000
3.09%
MLS
7/23/2025
Price Reduced
$4,850,000
-3%
MLS
6/06/2025
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Commercial & Investment Realty Associates, LLC., Lawrence Rosen and Arnold Kronman Litman, Arnold K Litman
Sold by Arnold Kronman Litman, Arnold K Litman and Non Subscribing Office, NON MEMBER

Just Listed near 8241 Georgia Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1104 Kirklynn Ave, Takoma Park, MD 20912 - Photo 1 Just Listed
$649,900
Open House

1104 Kirklynn Ave  Takoma Park, MD 20912

  • Single Family
  • Active
  • Updated 20 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,610
    Sq. Ft.
Listed by Long & Foster Real Estate, Inc., Jennifer P Slater
6604 Gude Ave, Takoma Park, MD 20912 - Photo 1 Just Listed
$1,150,000
Open House

6604 Gude Ave  Takoma Park, MD 20912

  • Single Family
  • Active
  • Updated 12 hours ago
  • 5
    Beds
  • 4
    Total Baths
  • 3,725
    Sq. Ft.
Listed by TTR Sotheby's International Realty, Molly Branson
7428 Piney Branch Rd, Takoma Park, MD 20912 - Photo 1 Just Listed
$950,000

7428 Piney Branch Rd  Takoma Park, MD 20912

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,300
    Sq. Ft.
Listed by Michael Benmira Villacres, Michael Benmira
7611 Maple Ave, Takoma Park, MD 20912 - Photo 1 Just Listed
$199,000

7611 Maple Ave  #511  Takoma Park, MD 20912

  • Condo
  • Active
  • Updated 13 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 725
    Sq. Ft.
Listed by Real Broker, LLC, Nicole M. Artis

Price Reduced near 8241 Georgia Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8308 Flower Ave, Takoma Park, MD 20912 - Photo 1 Price Reduced
-$4,000 (-2.01%)
$195,000

8308 Flower Ave  #403  Takoma Park, MD 20912

  • Condo
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 1,002
    Sq. Ft.
Listed by Compass, Sam Nassar
116 Lee Ave, Takoma Park, MD 20912 - Photo 1 Price Reduced
-$7,400 (-4.18%)
$169,500

116 Lee Ave  #105  Takoma Park, MD 20912

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
Listed by Samson Properties, Tesfaye Lemma
7738 Maple Ave, Takoma Park, MD 20912 - Photo 1 Price Reduced
-$5,000 (-2.17%)
$224,900

7738 Maple Ave  #6  Takoma Park, MD 20912

  • Condo
  • Active
  • Updated 20 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 774
    Sq. Ft.
Listed by Fairfax Realty Select, JEYKUMAR DANIEL JEBARAJ
4820 Chevy Chase Dr, Chevy Chase, MD 20815 - Photo 1 Price Reduced
-$1,000 (-0.3%)
$327,750

4820 Chevy Chase Dr  #101  Chevy Chase, MD 20815

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 835
    Sq. Ft.
Listed by Jack Realty Group, John T Pruski

Recent Sales near 8241 Georgia Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2920 Chesapeake St NW, Washington, DC 20008 - Photo 1 Sold
$5,095,000

2920 Chesapeake St NW  Washington, DC 20008

  • Single Family
  • Closed
  • 5
    Beds
  • 6
    Total Baths
  • 7,560
    Sq. Ft.
Listed by Compass, Hans L Wydler and Compass, Constantina Bradshaw Miller
Sold by Washington Fine Properties, LLC, Frederick B Roth
2904 Brandywine St NW, Washington, DC 20008 - Photo 1 Sold
$4,200,000

2904 Brandywine St NW  Washington, DC 20008

  • Single Family
  • Closed
  • 6
    Beds
  • 5
    Total Baths
  • 5,270
    Sq. Ft.
Listed by Compass, Erich W Cabe
Sold by Compass, Sara S Harr
33 W Lenox St, Chevy Chase, MD 20815 - Photo 1 Sold
$4,750,000

33 W Lenox St  Chevy Chase, MD 20815

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 5,980
    Sq. Ft.
Listed by Washington Fine Properties, Alyssa A Crilley
Sold by Washington Fine Properties, LLC, Lauren B Pillsbury
4901 Hampden Ln, Bethesda, MD 20814 - Photo 1 Sold
$3,825,000

4901 Hampden Ln  #703  Bethesda, MD 20814

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 3,350
    Sq. Ft.
Listed by Long & Foster Real Estate, Inc., Anna D Mackler and Long & Foster Real Estate, Inc., Barak Sky
Sold by Washington Fine Properties ,LLC, Daryl Judy

8241 Georgia Avenue, Silver Spring, MD 20910 (MLS# MDMC2184746) is a Commercial Institutional property that was sold at $4,500,000 on January 13, 2026. Want to learn more about 8241 Georgia Avenue? Do you have questions about finding other Commercial Institutional real estate for sale in Silver Spring? You can browse all Silver Spring real estate or contact a Coldwell Banker agent to request more information.