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531 Dale Drive in Silver Spring, Maryland is a 7,310 square foot, two story plus mezzanine flex/retail building, nicely located at the crest of a hill on a bucolic, tree-lined street on the eastern periphery of downtown Silver Spring. Adjacent to the Silver Spring International Middle School / Sligo Creek Elementary campuses, right by a handy little market and an easy 10 minute walk west to Whole Foods and the other great features and amenities of Silver Spring~s urban core.The property also overlooks the new Dale Drive Station for the Purple Line light rail system, scheduled to enter service in 2022, elevating it to a truly fantastic location for employees and visitors alike (new station illustrated further below). For those seeking a bit more independence in movement, the building includes 10 nicely spaced parking spaces on a tidy concrete pad in front of the Building.The property was purchased and renovated on behalf of the Washington Revels, a non-profit organization focused on performance, education and community engagement in the performing arts. They use the main floor and mezzanine for their rehearsals (in a large studio room) and back-office work, and the basement level (with ground level loading access) is used to as a workshop and storage area for their costumes and theater props. They are currently on a month-to-month lease so Property can be delivered vacant.The Building is in excellent condition, and in its recent spring maintenance and cleaning effort all interior and rooftop systems have been serviced and tested (including the backup power generator), the roof power washed, the exterior repainted and the security system fully updated ~ it is truly move-in ready!Zoned CRT (Montgomery County designated ~Commercial/Residential Town~), the Building can accommodate a broad number of uses by right and were specifically designed to encourage a mix of commercial and residential uses; create interactive streets; provide meaningful public spaces; and foster jobs and services where people can live, work, shop and play within a given neighborhood.Site visit can be accomplished with advanced scheduling and the practice of safe social distancing and the use of appropriate masks/face covering. Schedule your visit today!

Listed by Guy R d'Amecourt of Summit Commercial Real Estate, LLC.

Property Details of 531 Dale Dr

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