300-304 E Diamond Ave - Storefront FOR SALE


Gaithersburg, MD 20877
$1,800,000 USD
301-795-1400
300-304 E Diamond Ave, Gaithersburg, MD for Sale
$1,800,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

300-304 E Diamond Ave
Gaithersburg, MD 20877


HIGHLIGHTS

  • Highly visible location.

OVERVIEW

300, 302, & 304 East Diamond Avenue is a landmark retail property located at the lighted intersection of East Diamond and North Summit Avenues, Historic Gaithersburg’s “main and main”. This 6,848 square foot structure has been renovated and updated on multiple occasions and currently comprises three separate tenancies, with the flexibility to accommodate up to four separate tenant suites. 300 E. Diamond, the end cap located on the hard corner of E. Diamond and Summit was originally constructed in 1891 for The First National Bank of Gaithersburg (though not designated “historic”). This single-tenant space is approximately 3,095 square feet and is currently occupied by a T-Mobile retailer. 302 & 304 E. Diamond consists of approximately 3,753 square feet on two levels and is currently 100% occupied by a Law Firm and a Performance Arts studio; however, is designed to accommodate 2-3 separate tenant suites.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CBD

APN/PARCEL ID

09-00818063

ASK ABOUT THIS PROPERTY

Greg KleinPromark PartnersMore Info
301-795-1400

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Greg KleinPromark PartnersMore Info
301-795-1400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.