Property
Gaithersburg, MD 20877 221 E Diamond Avenue
$1,400,000
5 more
Presented By: RE/MAX Premiere Selections
SQFT • 6,774
Home Details
Exceptional Investor Opportunity in Gaithersburg, MD. This property would be sold vacant, free from any lease encumbrances. The sale presents opportunities for continued retail use, adaptive reuse for other retail purposes, or redevelopment to residential or mixed use.
Presented By: RE/MAX Premiere Selections
Interior Features for 221 E Diamond Avenue
Bathrooms
Total Restrooms2
Other Interior Features
Clear Span Ceiling Height15' to 18'
Central Air Y/NNo
FlooringConcrete
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories2
Other Rooms
Entry Level1
General for 221 E Diamond Avenue
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Builder NameUnknown
Business TypeOther/General Retail, Professional, Storage, Other
CityGAITHERSBURG
Construction MaterialsAsphalt
Cool FuelNone
CoolingNone
CountyMONTGOMERY
DirectionsGoogle
DisclosuresBuild to Suit
Electric220 Volts
ExclusionsAll store inventory.
HeatingCeiling
Historic Y/NNo
Lease Considered Y/NNo
Legal SubdivisionRUSSELL & BROOKS ADD
Location TypeDowntown
Lot Size Square Feet7608.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-24T18:28:16
MunicipalityCity of Gaithersburg
New ConstructionNo
Number Of Units Total1
OwnerPaysNone
OwnershipFee Simple
Possession61-90 Days CD
Possible UseBar/Tavern/Lounge, Apartment Building, Beer/Wine/Liquor, Clothing, Commercial, Convenience Store, Florist/Nursery, Medical/Dental, Mini-Storage, Mixed Use, Printing, Professional Service, Restaurant, Retail
Price Per Sq Ft Total AG196.41
Property ConditionGood
Property SubtypeLand for Commercial Use
Property TypeCommercial Sale
Property UseOwner User
RoofAsphalt
Security FeaturesExterior Cameras
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameGAITHERSBURG TOWN
Tax Annual Amount22205.0
Tax Assessed Value1595967.0
Tax Year2024
TopographyLevel
TransportationBus Stop less than 1 mile, Commuter Rail Station less than 1 mile
UtilitiesElectric Available, Multiple Phone Lines, Natural Gas Available
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCBD
Exterior for 221 E Diamond Avenue
Building Area Total7128.00
Car Parking Spaces11
Fencing Y/NN
Foundation DetailsCrawl Space
InclusionsNone.
Land Assessed Value226300.00
Land Use CodeC
Lot FeaturesLevel
Lot Size Acres0.17
Lot Size SourceAssessor
Navigable Water Y/NNo
Other EquipmentNegotiable
Parking FeaturesPaved Parking, Private
Road Frontage Length84
Road ResponsibilityPublic
Road Surface TypeApproved, Black Top
Soil TypesUnknown
Topography DescriptionLevel
Total Loading Docks0
Total Parking Spaces12
Type of ParkingParking Lot, On Street, Public Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ebonie Clerier
Associate