Montgomery County · Commercial sale
Restaurant at 2 University Blvd W in Silver Spring sells for $4.92 million
A restaurant at 2 University Blvd W, Silver Spring sold for $4,925,000 on August 28, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $4,925,000
- Sold
- August 28, 2026
- Property type
- Restaurant
- Building area
- 5,342 sq ft
- Price per sq ft
- $922
- Year built
- 1985
A restaurant at 2 University Blvd W in Silver Spring sold for $4,925,000 on August 28, 2026, according to Maryland Department of Assessments and Taxation property records. The Assessor's records show a market value of $3,370,000. The sale price was 46% above that value.
The Assessor's records show 5,342 square feet of building area, a build year of 1985 and a 16,493-square-foot lot. At that size, the price works out to $922 per square foot.
The record lists Susan Denecke as the seller.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Montgomery County?
By our estimate, the seller's two largest charges, not counting prorations, were $51,673.75 for the recordation tax (Montgomery County) and $24,625 for the county transfer tax (Montgomery County). Who pays what follows Montgomery County custom.
How much did the seller net?
By our estimate, the seller netted about $4,827,630. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $5,017,943 at closing. That covers the full price and closing costs.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70880-0318. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
