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108 E Diamond Ave
Gaithersburg, MD 20877
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Property is located at the corner of E Diamond Ave and Russell Ave in the heart of Olde Town Gaithersburg.
  • Rare highly visible free-standing retail/restaurant property in Montgomery County.
  • Close to 150,000 vehicles per day passing through site, specifically onlooking E Diamond ave and S Frederick Ave
  • The site is within walking distance to the MARC-Gaithersburg Stations, half mile to Route 355/N Frederick Ave, and one mile only to I-270 highway.
  • Nearly 1300 businesses within a one mile radius of site and surrounded by dense residential population.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,060 SF
Building Class
C
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.39 AC
Zoning
CBD - Central Business District
Parking
23 Spaces (7.52 Spaces per 1,000 SF Leased)
Frontage
47’ on Diamond Ave

AMENITIES

  • 24 Hour Access
  • Pylon Sign
  • Air Conditioning

ABOUT 108 E DIAMOND AVE , GAITHERSBURG, MD 20877

The brick/masonry building features 2,380 sf of dinning, kitchen, bar area on the ground floor, plus 680 sf in the basement. Property sits on a 16,947 sf corner lot, with ramp onto both E. Diamond Ave and Russell Avenue. Zoned CBD (Central Business District) in City of Gaithersburg. Total 28 surface parking, plus street and meter parking for overflow. The site is in walking distance to the MARC Train station and Olde Towne Gaithersburg downtown. Surround by high density residential population. Several multi-family apartments within a few blocks - a 391-Unit Gaithersburg Station Apartments, and a new 199-unit Crossing at Olde Towne Apartment, a 43-units at 8 Russell Ave Business and Residential Condo complex, and more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-01806824
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,361,333
  • Listing ID: 13570898

  • Date on Market: 8/22/2018

  • Last Updated:

  • Address: 108 E Diamond Ave, Gaithersburg, MD 20877

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