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337 Main St 3,818 SF 32% Leased Retail Building Gaithersburg, MD 20878 $1,708,128 CAD ($447.39 CAD/SF)



Investment Highlights
- 2600 sf residential aprtment
- Parking pad and garage
- Property located in Kentlands downtown
- Balcony accesses off apartment kitchen
Executive Summary
Mixed-use property with two income-producing units. Commercial tenant in place on a long-term lease through November 2032 with built-in escalations. Residential unit tenant vacating end of May — ideal opportunity for an owner-occupant or investor to set market rate. Two parking spots - parking pad for retail tenant and garage for apartment tenant. Combined current gross income $6,695/month ($80,340 annually). Expense details available upon request. Rental apartment has 2600 square feet - 3 bedrooms, 2 baths, gas fireplace, and deck access from the kitchen.
Offers must include preapproval letter or proof of assets, earnest money deposit copy, signed disclosures, and contract. Contact listing agent Elaine Koch at elaine@elainekoch.com to register offers.
Offers must include preapproval letter or proof of assets, earnest money deposit copy, signed disclosures, and contract. Contact listing agent Elaine Koch at elaine@elainekoch.com to register offers.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
3,818 SF
Building Class
B
Year Built
2002
Price
$1,708,128 CAD
Price Per SF
$447.39 CAD
Percent Leased
32%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.62
Lot Size
0.05 AC
Zoning
MXD, Gaithersburg
Parking
2 Spaces (0.52 Spaces per 1,000 SF Leased)
Amenities
- Balcony
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-03224053 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,718,884 CAD |
Property Taxes
Parcel Number
09-03224053
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,718,884 CAD
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337 Main St
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