934 Philadelphia Ave — Sale in Silver Spring, MD
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Silver Spring, MD 20910
- Year built: 1938
Photos
Description
Marcus & Millichap is pleased to exclusively present the Prestige Auto Body Portfolio, a rare opportunity to acquire two industrial-zoned properties together with the long-established Prestige Auto Body, Inc. business operation in the heart of Silver Spring, one of the most desirable commercial corridors in Montgomery County. The offering consists of two improved industrial properties totaling approximately 19,380 square feet on 0.31 acres, strategically positioned to support a thriving collision repair and automotive service operation. 928 Philadelphia Avenue is a two-story industrial building totaling approximately 13,300 square feet situated on a 0.21-acre (9,147 SF) parcel. The ground floor comprises approximately 9,000 square feet of customer reception, office space, and fully equipped auto body repair facilities, while the second floor provides approximately 4,300 square feet of additional office and storage space. 934 Philadelphia Avenue is a two-story building totaling approximately 6,080 square feet on a 0.10-acre (4,132 SF) parcel. The ground floor consists of approximately 4,080 square feet of automotive repair space and administrative offices. The second floor features two recently renovated residential apartments, each approximately 1,000 square feet, including one one-bedroom, one-bathroom unit and one two-bedroom, one-bathroom unit, providing additional income potential. Established for more than 30 years, Prestige Auto Body, Inc. has built an outstanding reputation for high-quality collision repair services and exceptional customer satisfaction. The business has developed long-standing relationships with many of the nation's leading insurance carriers, including State Farm, Allstate, GEICO, Progressive, USAA, Nationwide, and numerous other insurance providers, making it a preferred destination for insurance-related collision repairs. Detailed financial information and business operations will be made available to qualified prospective purchasers foll
Market Context
This industrial in Silver Spring, MD is listed for sale. The building dates to 1938. Compare it against other industrial listings for sale in Silver Spring, MD — view the full market.
As of Q1 2026, the Washington D.C. industrial market showed an 8.0% vacancy rate, and average asking rents near $15.16/SF/yr. Source: JLL Q1 2026 market report.
Industrial market FAQ
- Is the Washington D.C. industrial market tightening or softening?
- Vacancy is around 8.0% (Q1 2026).
Estimated Price per SF
$65.89/SF – $479.21/SF
Mid: $199.67/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Dany Zhao · (202) 536-3778 · dany.zhao@marcusmillichap.com
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