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$2,900,000

Beds
3
Baths
1.5
sq ft
3,856

8426 Piney Branch Rd, Silver Spring, MD 20901

8426 Piney Branch Rd

SILVER SPRING, MD 20901

  • 385 days on market
    • Price drop $900,000↓
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

Details

Property type

Single Family Residence

Lot size

6,129 sq ft

Price per sq ft

$753

Year built

1943

Annual property taxes

$7,241

HOA

No

Price History

09/13/2024
Bright

Bright #MDMC2102990

Price change
$2,900,000
-23.68%
09/09/2024
Bright

Bright #MDMC2102990

Price change
$3,800,000
+31.03%
10/27/2023
Bright

Bright #MDMC2102990

Listed
$2,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 11/15/2024 at 12:25 AM

Listing updated: 11/12/2024 at 9:24 AM

Listed by: Anthony M Arnoux, Smart Realty, LLC Phone #: (301) 445-1395

MLS: Bright #MDMC2102990

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