Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.26

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,000,000

  • Tax Amount

    7699.23

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Location

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MONTGOMERY

Elementary School

Middle School

High School

Listing Courtesy of Seul Lee , Samson Properties

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Great investment opportunity! The old town of Gaithersburg is seeing great renewal through the construction of over 2000 units of new condos. This property is in the center of all the action!

This sale includes 2 separate structures, all zoned mixed residential commercial. The rear house is 3 levels which currently hosts a salon, it totals about 1800sqft.

the front of the building has 3 separate retail spaces and 2 apartments. A printing press has been a tenant for over 20 years with submarket level lease they occupy about 2000 sqft , there's a well-ness coach who occupies about 1200 sqft and a travel company that occupies about 900 sqft. Upstairs there's a 1 bedroom and a 2 bedroom apartment units. All the units have separate utilities and meters.

There are a total of 6 units, 11 parking spaces for sale. All tenants have been with the property for over 3 years with exception of the wellness coach who has been about a year. The net income from rent annually is about $90,000 and this is well below market. 

The rear of this lot has already been approved to build a community of over 300 apartments. As previously mentioned, this property is in the center of all the action and will generate great income for its future owner.

200 E DIAMOND AVE

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Related Properties

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#MDMC2206782

GAITHERSBURG

8 BROOKES AVENUE

None Beds

None Baths

4,934 Sq.Ft.

$1,650,000

MLS#: MDMC2206782

 - property

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