202-499-4077
8216-8218 Wisconsin Ave
Bethesda, MD 20814
Downtown Bethesda
HIGHLIGHTS
- 58,081 SF medical office building on a 15,339 SF lot with 50 commercial units, including three retail units on Wisconsin Ave, in Downtown Bethesda, MD
- Value-add opportunity through utilization of existing medical office tenancy/infrastructure and increasing occupancy by modernizing vacant spaces.
- Surrounded by affluent communities, the average household income of $248,000 and 81% of the workforce holding a bachelor’s degree or higher.
- Proximity to major medical institutions: 0.3 mi National Institutes of Health, 0.7 mi Walter Reed National Military Medical; 1.2 mi Suburban Hospital
- Prime location and frontage on both Wisconsin and Woodmont Ave grants flexibility in potential repurposing, adaptive reuse, or redevelopment
- Major recent CAPEX: Roof replacement (’21), HVAC replacement (’19), Elevator upgrades (’15), and Electrical switchgear/Distribution upgrades (’16)
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Downtown Bethesda Medical Office Building
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
5
BUILDING CLASS
C
YEAR BUILT
1954
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,339 SF
ZONING
CR
APN/PARCEL ID
07-00524323,07-00524356
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202-499-4077
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202-499-4077
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