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Investment Highlights

  • Highly visible location at the intersection of Ridge Road and Main Street in Damascus.
  • Dedicated parking on-site with approximately 18 spaces plus additional spots.
  • Portfolio includes two buildings with three commercial units across separate parcels.

Executive Summary

This offering presents a rare opportunity to acquire two mixed-use commercial buildings comprising three income-producing units in the heart of Damascus, Maryland. The properties are prominently situated along Ridge Road at the intersection with Main Street, providing excellent exposure in a high-traffic corridor that serves as a central hub for daily commerce in the community.
The portfolio includes multiple parcels with dedicated parking, totaling approximately 18 spaces, supplemented by additional on-site parking for tenants and visitors. Long-term occupancy by established tenants provides immediate stability and income continuity for new ownership, making this an attractive option for investors seeking steady cash flow in a supply-constrained submarket.
Positioned within Montgomery County and part of the Washington, D.C. metropolitan statistical area, the properties benefit from strong regional demographics and robust economic fundamentals. The area offers convenient connectivity to major transportation arteries, including I-270, and is within commuting distance to multiple employment centers. Nearby retail, banking, and dining amenities support a consistent level of demand for local services, while the surrounding residential base continues to experience incremental growth.
These assets present options for continued hold as leased investments, future repositioning, or redevelopment. Rarely does such an in-town property become available combining visibility, accessibility, and stability within a growing suburban market.

Property Facts

Price $1,091,392 CAD
Price / SF $204.38 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 5,340 SF
Total Land Area 0.32 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
26315-26317 Ridge Rd, Damascus, MD 20872 Retail 4,045 SF 1995 $682,120 CAD
26323 Ridge Rd, Damascus, MD 20872 Retail 1,295 SF 1995 $409,272 CAD
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  • Listing ID: 40157551

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 26323 Ridge Rd & 26315-26317 Ridge Rd, Damascus, MD

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