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.
• .345 Acre commercial lot • Two (2) existing curb cuts into the lot • Prime location centrally located in Gaithersburg’s retail/commercial district • Over 1,000 apartment units within 1 mile • Walking distance to/from the Gaithersburg MARC train station • Easy access to Route 355 (S. Frederick Avenue), I-270 and Route 200 (Intercounty Connector) • CBD (Central Business District) zoning: City of Gaithersburg, MD: Intended to foster revitalization by promoting a desirable mix of commercial, office and residential uses, and giving incentives and providing public amenities, for attracting of a variety of leisure uses and activities to meet the needs and requirements of residents, workers, as well as shoppers and visitors to Olde Towne
The property is back on the market and available for sale after being temporarily taken off at the seller’s request! Step into this stunning New England-style colonial, perfectly nestled in an ideal location close to public schools and shopping. This 5-bedroom, 3-bath home is a harmonious blend of classic elegance and modern updates. Featuring hardwood floors and a rare bedroom on the main level with a handicapped accessible bath. It offers flexibility and comfort for today’s living. Recent upgrades include new energy-efficient windows (2022), a sleek new dishwasher (2023), newer carpeting in the living room and on the stairs going to the second floor. The heart of the home is the kitchen, boasting stainless steel appliances, granite countertops, and a seamless flow into the dining area—perfect for hosting and everyday meals. Enjoy the warmth of a formal living room and the coziness of a family room, while the private, fenced yard offers a serene retreat for outdoor gatherings. This home also features a full unfinished basement ready for your personal touch, and a spacious two-car garage. The second-floor laundry room adds convenience to your daily routine. Located in the sought-after Saybrooke community, residents enjoy exclusive access to a summer pool, a tennis court and two lighted pickleball courts for endless fun. With easy access to public transportation, commuting is effortless. The community recently added a new tot lot in 2024. Also, there is a beautiful common area for walking. Don’t miss your chance to call this gem your own! Showings are available every day except Sunday—schedule your tour today, because this home is back on the market. Step into timeless charm with this stunning New England-style colonial, perfectly nestled in an ideal location close to schools and shopping.
Please call contact person to schedule showing,............ nice commercial Condo, good for Church, training center, medical office,....
Great value for a 3 level townhome. Wonderful space - Hardwood floors in the living room. A bright, sunny, open and spacious interior. Master Suite with vaulted ceilings. This home will be sold strictly in as-is condition. Home in good working order, expect for the AC condenser. Home inspections welcomed.
1,325sf of Lower Level space. 2 large open work areas. 1 bathroom. Several Storage closets.
1,325sf of 2nd floor walk up space. Floor plan in documents.
1,000sf of 2nd floor office space. 5 private offices and 2 bathrooms. Free surface parking.
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.
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.
The median home value in Gaithersburg, MD is $471,400. This is lower than the county median home value of $556,100. The national median home value is $338,100. The average price of homes sold in Gaithersburg, MD is $471,400. Approximately 46.93% of Gaithersburg homes are owned, compared to 47.28% rented, while 5.8% are vacant. Gaithersburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gaithersburg real estate agent to arrange a tour today!
Gaithersburg, Maryland 20877 has a population of 68,827. Gaithersburg 20877 is less family-centric than the surrounding county with 29.8% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Gaithersburg, Maryland 20877 is $98,089. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Gaithersburg 20877 is 37.6 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 42.2 inches per year, with 21.4 inches of snow per year.