11217 LOCKWOOD DR #12-1 Silver Spring, MD 20901
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision White Oak Professional Park
MLS Listing ID MDMC2212292
Year Built 1986
Annual Tax Amount $3,122
Tax Year 2025
Property Sub-Type Office
Source BRIGHT
Property Description
FURNITURE: Most of the furniture can convey with the sale.
CONDO FEE & 2025 R.E. TAX: Monthly condo fee of +/- $334 & annual real estate tax is $3,122.
OCCUPANCY: Seller must provide a 90-day notice to a current tenant to vacate the space. Closing can be delayed if buyer desires the unit vacant at closing. Negotiable.
SIGNAGE: As with many other units in the park (see picture below), the new owner can install a RETAIL BOX SIGN overtop the front entrance of the unit, thereby providing excellent signage and visibility. This is a rare opportunity that most office parks do not allow.
PARK MANAGEMENT: This condo park is managed and maintained professionally with low condo fees.
PARKING: This complex has a significant amount of non-assigned free on-site parking available to all units. Very few developments contain this amount of free parking for its owners and guests.
Location
State MD
County Montgomery
Zoning C2
Interior
Hot Water Electric
Heating Central, Heat Pump(s)
Cooling Central A/C
Flooring Laminate Plank
Heat Source Electric
Exterior
Garage Spaces 15.0
Utilities Available Phone Not Available, Phone Connected, Electric Available, Cable TV
Water Access N
Roof Type Composite
Accessibility 36\"+ wide Halls, Level Entry - Main, No Stairs
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 160502442325
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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