4601 N Park Ave Unit #P110, Chevy Chase, MD 20815

Property Description

THIS IS A TANDEM PARKING SPACE FOR SALE. Rare opportunity to purchase a deeded tandem garage parking space at The Elizabeth Arcade, located beneath The Elizabeth Condominium in the heart of Friendship Heights. This listing is for Parking Space P110 (Level G1), which conveys with its own separate tax ID. One of four tandem parking spaces currently available for purchase. Each oversized tandem space accommodates two vehicles parked front-to-back or can accommodate one extra-long vehicle, SUV, or truck. These parking spaces offer exceptional flexibility and may be purchased for personal use or as an investment. Owners are permitted to lease the space to anyone—residency at The Elizabeth Condominium is not required. Parking tenants also do not need to reside in the building. Tandem parking spaces have historically rented for approximately $180 per month, with rental rates varying based on market demand. A rare opportunity to own a valuable parking asset in a highly sought-after location. Ideally located in the heart of Friendship Heights, just blocks from top destinations including Whole Foods Market, Lia's, Sushi Ko, Bloomingdale's, and the shops at Wisconsin Place. Enjoy nearby luxury retail such as Saks Fifth Avenue and Tiffany & Co., along with dining favorites like The Cheesecake Factory and Maggiano's Little Italy. Convenient access to the Friendship Heights Metro Station makes commuting throughout the city effortless.