LISTING BY ANSELMO-RUDDEN COMMERCIAL PROPERTY ADVISORS OF TURNING POINT REAL ESTATE

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Norah Stephens
5 years ago
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16101 OAK HILL ROAD A Historic Facility Established in 1858 LISTING BY ANSELMO-RUDDEN COMMERCIAL PROPERTY ADVISORS OF TURNING POINT REAL ESTATE The Historic Edgewood Inn Estate spans 7.

The property has five (5) recently renovated out buildings include Corn Crib, Ice House, Carriage House, Blacksmith House and a Tenant House.

structure with many potential uses and 82 parking spaces. Edgewood Inn is conveniently located on Spencerville Road (Rt.

1 16101 OAK HILL ROAD A Historic Facility Established in 1858 LISTING BY ANSELMO-RUDDEN COMMERCIAL PROPERTY ADVISORS OF TURNING POINT REAL ESTATE The Historic Edgewood Inn Estate spans 7.29 acres with 6,058 SF of building including out structures and an adjacent 1 acre parcel. The property has five (5) recently renovated out buildings include Corn Crib, Ice House, Carriage House, Blacksmith House and a Tenant House. The zoning is RE-1 allowing for either commercial or residential use. There is preliminary site plan proposal for an additional 9,000 sqft. structure with many potential uses and 82 parking spaces. Edgewood Inn is conveniently located on Spencerville Road (Rt. 198) at the intersection of Oak Hill Road providing high traffic counts and easy access to the ICC, Route 29, New Hampsire Avenue and Interstate 95. FOR SALE AT $1,100, For more information on Historic Edgewood Inn, please contact: Aric Rudden, Senior Commercial Sales & Leasing Specialist Phone aric@ Joe Anselmo, Associate Broker Phone joe@ 8923 Fingerboard Road, Frederick, MD

2 HISTORIC EDGEWOOD INN / MONTGOMERY COUNTY ESTATE FOR SALE

3 HISTORIC EDGEWOOD INN / MONTGOMERY COUNTY ESTATE FOR SALE DEMOGRAPHICS With-in a five mile radius: POPULATION ,867 Average Age HOUSEHOLDS Total Households...5,760 Owner Occupied % Renter Occupied % Median HH Income... $138,461 Average HH Size Average HH Vehicles...3 HOUSING Median Home Value... $516,250 Median Year Built

4 HISTORIC EDGEWOOD INN / MONTGOMERY COUNTY ESTATE FOR SALE PROPERTY HIGHLIGHTS 7.29 Acre Property Area Land ( 324,522 SF ) Includes Adjacent 1 Acre Parcel 6,058 Square Foot of Buildings (Main House + Out Structures) Located in Silver Spring, Maryland Historic Building built in 1858 RE-1 Zoning Recently Renovated Out Buildings Daily Traffic Counts in Excess of 22,160 Located near Silver Spring, Laurel, Columbia & Olney Easy access to Inter-County Connector, Route 29, Route 198 and 95 Single Family Home is also Located on Property Estimated Real Estate Taxes $15,337 City Water/Sewer (Permitted) Potential uses include, but are not limited to: Day Care, Residential Care Facility, School, Religious Assembly, Funeral Home. (Limited) Equestrian Facility, Lawn Maintenace Service, Home Health Practitioner, Home Occupation, Bed and Breakfast, Country Inn. (Conditional) Nursery Retail, Residential Care over 16 persons, Veterinary Office/Hospital. www.

5 HISTORIC EDGEWOOD INN / MONTGOMERY COUNTY ESTATE FOR SALE www.

6 HISTORIC EDGEWOOD INN / MONTGOMERY COUNTY ESTATE FOR SALE PROPERTY STRUCTURES MAIN HOUSE South-West Corner SF South-East Corner North-West Corner North-East Corner OUTER STRUCTURES Corn Crib SF Ice House SF Carriage House SF Tenant House SF Blacksmith Shop SF

7 HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE MAIN MANOR DIAGRAM

8 HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE PROPERTY LAYOUT WITH PROPOSED BARN AND PARKING LOT

HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE HISTORY OF THE PROPERTY Originally built in 1859, the Edgewood Inn is associated with the Stabler family, a prominent and prosperous Quaker

Originally, the land was part of a larger parcel acquired by Richard Snowden, Jr., an iron master from Anne Arundel.

He was already living on the property in the house he built following his 1858 marriage to Hannah Taylor. The original buldings were constructed in 1858, giving this property a Historic designation.

Later, probably in the late 1800 s, a new kitchen wing was added and the old kitchen was converted to a dining room. About 1903, another rear wing was built, giving the house a roughly U-shaped plan.

9 HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE HISTORY OF THE PROPERTY Originally built in 1859, the Edgewood Inn is associated with the Stabler family, a prominent and prosperous Quaker family in Eastern Montgomery County. The property is located at Oak Hill Road at the intersection of Oak Hill Road and Spencerville Road (MD Rt. 128). Originally, the land was part of a larger parcel acquired by Richard Snowden, Jr., an iron master from Anne Arundel. Caleb Stabler purchased much of the Snowden Manor Enlarged property in the early 19th century. In 1860, Caleb and Ann Stabler deeded to their son Robert 102 3/8 acres of the land. He was already living on the property in the house he built following his 1858 marriage to Hannah Taylor. The original buldings were constructed in 1858, giving this property a Historic designation. The manor had been placed in a special Protection Area and has since been re-zoned as an RE-1. The original dwelling was the 2 1/2-story block, two rooms wide with a kitchen ell. Later, probably in the late 1800 s, a new kitchen wing was added and the old kitchen was converted to a dining room. About 1903, another rear wing was built, giving the house a roughly U-shaped plan. The dwelling is set within a grove of hardwood trees from which the property obtained its name.1according to the 1976 Inventory Form for State Historic Sites Survey, the house was built in several sections on fieldstone foundations, with white clapboard exterior walls. The house faces south. A later addition on the north end is parallel to the south section and has a west facing entry. The gardens and orchards at Edgewood, according to Farquhar, were models of production and beauty as early as The dates of the current various out-buildings on the site are unknown, but one would assume that a working farmstead would have required a corncrib, an ice house, a carriage house, a kitchen and a blacksmith shop. A bank barn with a stone foundation once existed on the site but has fallen down. There are plans to rebuild it close to its original location.

10 HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE RESTORATION OF THE PROPERTY THE BLACKSMITH SHED BEFORE CORN CRIB BEFORE TENANT HOUSE BEFORE THE BLACKSMITH SHED AFTER CORN CRIB AFTER TENANT HOUSE AFTER

HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE About Anselmo-Rudden Commercial Property Advisors of Turning Point Real Estate Anselmo-Rudden Commercial Property Advisors is the

As experienced professionals with more than 30 years in the Real Estate Industry, each, the duo offers an array of services including Sales & Acquisitions, Tenant & Landlord Representation,

11 HISTORIC EDGEWOOD INN/ MONTGOMERY COUNTY ESTATE FOR SALE About Anselmo-Rudden Commercial Property Advisors of Turning Point Real Estate Anselmo-Rudden Commercial Property Advisors is the partnership of Joe Anselmo and Aric Rudden with Turning Point Real Estate. As experienced professionals with more than 30 years in the Real Estate Industry, each, the duo offers an array of services including Sales & Acquisitions, Tenant & Landlord Representation, Property and Investment. Visit us on the web at For more information on Historic Montgomery County Property For Sale, please contact: Aric Rudden, Senior Commercial Sales & Leasing Specialist Phone Joe Anselmo, Associate Broker Phone 8923 Fingerboard Road, Frederick, MD

subject property Pennzoil Express Oil Price: $815,000 Cap: 10.85% NOI: $88,500

subject property Pennzoil Express Oil Price: $815,000 Cap: 10.85% NOI: $88,500 subject property 481 Broadway (Rt. 1) Saugus, (Boston), MA 01906 Price: $815,000 Cap: 10.85% NOI: $88,500 Property is located on the highly traveled US Rt. 1 (New York Boston Post Rd.) with traffic counts