Prime Redevelopment Opportunity in Historic Downtown Gaithersburg Property Overview includes Location Downtown Gaithersburg Lot Size 0.27 acres Property is ready for redevelopment Survey is available in documents This unique property offers an exceptional redevelopment opportunity in the heart of historic downtown Gaithersburg. Situated on a 0.27-acre lot, this prime location is ideal for developers and investors looking to tap into the growing potential of the area. Key Features include Strategic Location - Located in the vibrant downtown area, this property is in close proximity to entertainment hubs and essential amenities. It is just 0.2 miles from the MARC Train Brunswick Line, providing convenient commuter access, and 2.9 miles from the Metro Station, ensuring easy connectivity to the broader DC metropolitan area. Development Potential - The lot is suitable for constructing more than a two-level building, offering ample space for various commercial or mixed-use developments. With approval for demolition from both the city and CSX, the existing structure can be removed, allowing for a fresh start on this prime site. Comprehensive Planning - Extensive environmental tests and construction plans are available for review during due diligence. These include stormwater management, soil tests, a forest conservation plan, and a traffic flow assessment, giving a buyer confidence that many foundational aspects for redevelopment are in place. Parking Capacity - The property offers the potential for up to 20 parking spaces, a valuable asset in downtown Gaithersburg, where parking availability can significantly enhance the appeal and functionality of the development. Not Historically Protected - The property is not deemed historical, and the seller has obtained the necessary approvals, providing flexibility for redevelopment without the constraints of historical preservation regulations. Important Notices - Safety Warning - Please do not enter the existing building on the property. Entry is at your own risk due to safety concerns. Document Availability - The survey and additional documentation are available for review, providing detailed insights into the propertyâs potential and requirements for redevelopment. · Please note that utilities to the property have been cut/disconnected, which will need to be re-established as part of the redevelopment process. This property represents a rare opportunity to invest in and transform a key piece of downtown Gaithersburg. With its excellent location, extensive planning resources, and flexible redevelopment options, it is an ideal choice for developers looking to create a landmark project in a growing community. Take the first step toward realizing the potential of this exceptional redevelopment opportunity in historic downtown Gaithersburg! Seller open to holding a first deed of trust is offer terms acceptable.
17,678 square foot site is zoned CBD â Central Business District (City of Gaithersburg) intended for townhome development, retail or an office use. Corner location at the intersection of Lee Street with easy access to I-270 and Route 355. Walking distance to the historic Old Towne Gaithersburg shopping & restaurant district.
BEER, WINE AND DELI. NICE NEIBORHOOD, SELLER WANT TO RETIRE. POSSIBLE OWNER FINANCING, OVER $480,000 GROSS SALE - 2023, ABOUT 2,000 SQ FT, **** LOW RENT*** CLOSE TO 495, RT 29, HOLY CROSS HOSPITAL.
We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is included in the sale and built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. At market rate, new owners will have an opportunity to increase revenues to 624,000.00 per year.
Excellent and rare opportunity to own a lot in the heart of Gaithersburg's commercial development area. This unique property is located on Frederick Avenue offering excellent visibility and high traffic counts giving the new owner extensive opportunities for free advertising and instant branding. Surrounded by long-established businesses, this property is well-positioned for the fortunate buyer. The lot is almost a third of an acre and according to the City of Gaithersburg already approved for development into Retail, Office, or Storage but can also be amended for other usages. Potential buyers should confirm with the City of Gaithersburg that their particular use is allowed and will work with the current setbacks. It is the sole responsibility of the buyer to determine if their desired use will be acceptable to all governing authorities and the seller makes no representations as to the viability of any particular use. All future development of this lot is subject to the approval of the appropriate City, County, and State Governments. Please feel free to drive by and walk the property at any time. Call Listing agent with any questions. We welcome all Buyer Agents and recognize the valuable role they play in the sales process.
Grosvenor Place Condominium, an investment opportunity of a lifetime! This commercial space in North Bethesda has unlimited opportunity! This is your chance to own 1 of only 2 commercial units in the development! Super location with ample free parking and metro access through the building! effortless access to 495 & 270! the location is unparalleled. This unit has a lower condo fee then most properties in MOCO @ $663 monthly! Ideal for entrepreneurs and businesses such THE HAIR SALON, 7 WORKSTATIONS / 2 WASH STATIONS / CHAIR RENTAL INCOME ENDLESS! doctors, dentists, law firm, CPA, engineering, insurance and as owner -operated today as the Grosvenor hair salon. The hair salon is located below the Grosvenor Market (landmark) and next door to the dry cleaner. Captured audience of 400 plus residents in this building and several hundred residents within a 5-minute walk. A separate entrance and building access allow for easy access. Mr. Pulupa is a world-recognized hairstylist in the DMV. He would welcome the opportunity to stay on as a MENTOR to the new business owner should this remain a hair salon. While reviewing this listing, the condo fee is referred to as the recreation fee in the listing. Go & show with 1 hour notice, see showing instructions. Respect the current business please.
Major Price Reduction! Motivated Seller! Tenant Renewed Early for 3rd Time 1st Floor Oppty/HUBZone Owner Occupant Oppty Approx. 1000 SF Gaithersburg MD Lease now extends to 11/30/28. Also, the Lease has flexibility for a Buyer since there is an option in the Lease for the New Owner to maintain the current Renewed Favorable Lease or terminate the Lease if they wish to be an Owner Occupant Buyer! Rarely available HUBZone/Opportunity Zone property. 1st floor location in this highly desirable business park. This Recession proof stable investment property is currently leased to a very successful established organization that has a diversified business portfolio including tax preparation services, translation services, vending machine sales and others. They outgrew their previous location and moved to this location in 2019 and signed an initial one year lease but renewed early three times now and the Lease now runs through 11/30/2028. Minimal Landlord Responsibilities. The Landlord pays base real estate taxes and condo fees. Tenant pays any increase from base real estate taxes and condo fees. Lease includes annual increases of 4%. Tenant pays for repairs as well as Utilities (Water and Electric), Cleaning and upkeep. The Current owner invested approximately 20K in renovations to accommodate tenant including a new HVAC in 2016. This is rare opportunity to own the most prized area of any building (the 1st Floor Retail/Medical office space) without having the challenges of leasing or owning standard higher floors office space. This Beautiful Office Condo Community located next to the Historic Chestnut Meem District is a hidden gem in Montgomery County, MD. This first floor Office Condo located in Suite 120 (5A) has 4 large windowed offices, a reception area, private restroom, 2 exterior entrances and free and plentiful parking. The community just reinvested in a new roof, gutters and repaving of the parking lot. Excellent location near Montgomery County Fair Grounds, restaurants, shopping and very close to both 355 and I-270. This property is located in a Tax advantaged Opportunity Zone creating an attractive long term real estate investment. This property is also located in a Federally Designated HUBZone area which is an excellent opportunity for a long term tenant Government Contractor or an Owner/User Government Contractor who needs that location status. Cap rate includes estimated tax benefits in the calculation. Great long term stable investment opportunity or excellent Owner Occupied opportunity to build equity and provide a financial nest egg for your future.
EXXON Gas Station/Automotive Repair & Maryland Inspection Station/Convenience Store Business for sale in the City Of Gaithersburg Maryland Commercial District along North Frederick Avenue MD 355. Turnkey operation and majority of equipment included in sale. Lease is approximately $19,000.00 a month and financial information will be provided to qualified buyer after receipt of Letter Of Intent (LOI) and signed confidentiality agreement. Donât miss this opportunity and contact listing agent for further information. Buyer to compensate their own agent. All showings By Appointment Only.
Price reduction! Business sale. Excellent opportunity to own this well established business in the heart of Gaithersburg. Hair and nails. Same location for almost 20 years. Very nice and clean with hundreds of satisfied customers. Come and take over this business and be your own boss. No real estate. 6 figure gross revenue. Leasehold improvements 60k+ Large parking lot. Future development of Lakeforest Mall. Surrounded by public transportation and multiple shopping centers. Located off Frederick Rd.
On behalf of the owner, Congressional Commercial, LLC is pleased to exclusively offer 2426 Linden Lane Silver Spring Maryland 20910 (the "Property") FOR SALE. Measuring 15,840 sq/ft on approximately three equal floor-plates, this I-M Zoned (Montgomery County Maryland) flex; office / industrial commercial property is situated on an 11,400 sq/ft parcel. Property features include, however are not limited to; 3-phase power with a total of 800 AMPS , separated utilities for electricity and gas, drive-up loading capabilities in both in the front and rear of the building as well as on the western side, serving the lower level, off street dedicated parking on two building sides and multiple points of ingress and egress. Currently 65% owner occupied, the Property is well suited for an owner user or investor seeking a desirable infill location for their business or an expansion tenant(s). Short term leases comprise 35% of the building, inquire within for more details. I-M Zoning permits a wide variety of commercial and industrial uses, see Montgomery County Zoning website for additional information as well as listing broker's marketing flyer which summarizes many "by-right" options. Please contact listing agent for tours which shall be arranged on a case by case basis by appointment only. There is no lockbox and same day viewings will not be accommodated.
Solid brick corner street two level building with great visibility on Georgia Ave. Private parking for 9 vehicles. Building can be configured for 4 separate units if desired, with two units on lower level and two on upper level. The parking area includes a loading dock. Roof less than 6yrs old....
OWNERS ARE READY TO PASS THE TORCH ON TO ANOTHER SUCCESSFUL BUSINESS/INVESTOR THRIVING IN THE LAUREL AREA. THIS IS A LUXURY 9 UNIT CONDO BUILDING WITH GREAT POTENTIAL OF MAKING LOTS OF MONEY OR TO RUN A BUSINESS IN A QUIET, PRISTINE, WELL KEPT, MANICURED BUILDING. THIS PROPERTY IS LOCATED NEAR LAUREL TOWN CENTRE - CONVENIENT TO ALL SHOPPING, DINING AND TRANSPORTATION. THIS BUILDING IS TOTALLY SECURED WITH DIGITAL PAD LOCKS
Buyer can occupy all or Seller is willing to lease back second floor. Three separate HVAC zones upstairs and two downstairs. All of the units have been replaced since 2002. Also added a propane powered backup generator wired to a circuit panel that supports a selective number of building lights and utilities. Two kitchens have refrigerators, microwaves and sinks. Second floor kitchen also has an electric stove. Four half bathrooms and one full bathroom (shower). The toilet on one upstairs bathroom was replaced this year. Building is wired for internet and building phones. A new commercial roof was installed in November, 2021. On the first floor a building modification with new internal entry door, office doors, carpet, select walls was done in 2018.
Recently Renovated, New flat roof, new 8 unit HVAC, New Planum ceiling, new bathrooms, private rooms , food prep area,4,800 sq feet almost open space. back door for deliveries Current tenants are a Church with 3 years remaining on the initial term of lease. Annual rent is $94,000 per year , Cap rate 6%. Tenant pays all utilities. GREAT INVESTMENT! Weekday showing only!!!
**TENANT OCCUPIED - MUST CALL FOR APPT FIRST. DO NOT GO WITHOUT APPT ** Currently set up as hair salon on 2 floors. Solid brick building located on high visibility University Blvd East. Bldg has 4 separate entrances/exits; 2 half bathrooms; kitchenette; private parking lot in rear of bldg and 2 parking spots at front. Additional 325+ sq ft space on upper level for use or storage. Close to University of MD College Park campus and future Purple Line metro station. NOTE: Sellers also selling residential property next door - 623 University Blvd E - Tenant occupied.
This is a ready to occupy - high end built out - office condo for sale. Comes with reception area, 2 conference rooms, kitchen, 3 private offices, and space for at least 8 workstations.
Seller is selling both units 501A and 502A together for a combined 1,936 sq. ft. unit with 2 deeded parking spaces at 8607 2nd Avenue, Silver Spring, Md. 20910 for $725,000 or $374 p.s.f. These units have the most desirable location in the park as they face 2nd Avenue and the elevator is next to the unitâs front doors. These units are ideal for a use needing large open rooms or one can build offices to suit their needs. The largest room currently is +/- 600 s.f. additionally the space contains 2 large offices/conference rooms, 1 office, 1 large open area, kitchenette with 2 sinks / counter and cabinets space, 2 bathrooms and storage space. There are 2 separate HVAC units providing the unit with 24/7 temperature control. The unit conveys with two deeded parking spaces in the building and the County garage is about a block away. The monthly condo fees are $502 for unit 501 and $521 for unit 502. The current owner is a nonprofit entity and doesnât pay real estate taxes. As an estimate only, we estimate the property taxes at +/- $3,750 for each unit. The complex has two elevators, which allows for wheelchair access. Occupant can place office trash in the dumpster located in the rear of the parking area. CR zoning permits a wide variety of commercial uses. See floor plan in the pictures. Call Agent for full marketing package.
Very attractive unit with 9â ceilings! This unit is divided up into 4 offices, reception area, built in file/storage/counter area, kitchenette, 1/2 bath and more. The common hallways have laminate flooring, offices have carpet floors and bathroom is tiled. 24/7 access and control of HVAC. The unit has its own separate heat pump, air handler, water heater and electric meter. The space has a very attractive appearance and has an alarm. Delivered vacant at closing. This sale includes a deeded parking space in the complex, space P-9. Only $275,000 ($355 p.s.f. AND includes 1 deeded parking space) County assessed value is $283,700. 2024 real estate tax for condo unit and parking space is $3,482 and the monthly condo fee is +/- $435 per month.
Seller is selling both units 501A and 502A together for a combined 1,936 sq. ft. unit with 2 deeded parking spaces at 8607 2nd Avenue, Silver Spring, Md. 20910 for $725,000 or $374 p.s.f. These units have the most desirable location in the park as they face 2nd Avenue and the elevator is next to the unitâs front doors. These units are ideal for a use needing large open rooms or one can build offices to suit their needs. The largest room currently is +/- 600 s.f. additionally the space contains 2 large offices/conference rooms, 1 office, 1 large open area, kitchenette with 2 sinks / counter and cabinets space, 2 bathrooms and storage space. There are 2 separate HVAC units providing the unit with 24/7 temperature control. The unit conveys with two deeded parking spaces in the building and the County garage is about a block away. The monthly condo fees are $502 for unit 501 and $521 for unit 502. The current owner is a nonprofit entity and doesnât pay real estate taxes. As an estimate only, we estimate the property taxes at +/- $3,750 for each unit. The complex has two elevators, which allows for wheelchair access. Occupant can place office trash in the dumpster located in the rear of the parking area. CR zoning permits a wide variety of commercial uses. See floor plan in the pictures. Call Agent for full marketing package.
Business Description: Wine and Beer Store strategically located serving the Potomac/Bethesda area in Montgomery County, Maryland. The store is well stocked with 2300 SF with a 20-year history of established customers. The business has a Lottery license. The store is strategically located in Bethesda, with over 114,000 people within 3 miles and an Average Household Income of $170,000. It is noteworthy that there are 4,100 additional residential units approved and/or under construction within a mile, with 340 units next door and just opened. This growth complements the 47,000 existing households within 3 miles. The asking price of $589000 does not include inventory or equipment. Financing through SBA or Cash.
This beautiful Church is nestled in Takoma Park, Maryland. The property seats approximately 400 and boasts two levels, with three bathrooms. The service area has ample lighting and includes a front stage and audio room. Natural light brightens the space with tall ceilings and wide aisles. The basement level includes multiple classrooms, a Pastor's office, storage, and a kitchenette. It is approximately 1 block from the future purple line station, making metro accessibility at your fingertips. The church has been well maintained and is ready for a new congregation or developers looking for a great area. Please contact the listing agent, Kendall Jones for showings.
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