www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
19725244
19658885

8216 Georgia Ave, Silver Spring, MD 20910

LR
MD, VA & DC
Commercial & Investment Realty Associates, LLC.
Listed by Commercial & Investment Realty Associates, LLC.
$3,500,000
660 days on market
Updated 168 days ago

8216 Georgia Ave

Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,843
Net Rentable (SqFt) 5,843
Occupancy 100%
Tenancy Single
Lease Type NNN
Broker Co-Op Yes
Year Renovated 2019
Buildings 1
Stories 1
Zoning CR
Investment Type Net Lease
Ground Lease No
Sale Condition For sale by owner

Owner User Building For Sale, Leased to Third Hill Brewing Company, Can Deliver Vacant at Settlement

Marketing description

Ideal for Owner Occupant Building. Seller believes it can deliver the building vacant at settlement. Ideal for development, nightclub, lounge, restaurant, religious uses, event center, etc. Entire property is leased to Third Hill Brewing Co. 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.

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

Investment highlights

  • Ideal Owner User building. Perfect for development, nightclub, event center, religious uses and more.

  • 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.

Listing Contacts

LR
MD, VA & DC
Commercial & Investment Realty Associates, LLC.
Listed by Commercial & Investment Realty Associates, LLC.

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591