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11 Arch Pl
Gaithersburg, MD 20878
Colonnade at Kentlands · Multifamily Property For Sale · 296 Units

INVESTMENT HIGHLIGHTS

  • Sale or lease fully built out Cafe with equipment.

EXECUTIVE SUMMARY

• Located in the Kentland’s, just a minute off Rt.270, at the intersection of Great Seneca Highway & Quince Orchard Road, this cafe is beautifully built out and gives off a lot of energy with its abundance of natural light. • It features “track” and pendant lighting in the dining area. The space seats 32 patrons and the products are easily and readily displayed throughout the counter space for the customer’s convenience. The floors are tiled as are the counters & bookshelves are cherry wood. There is 1 large TV, in addition to 4 Electric Video Menu Boards. The space is 1,334 square feet.• The Cafe features 2 restrooms, 1 manager’s office and a storage closet. • The Kitchen has the following and are included with the sale: Scottsman Ice Machine, Avantco refrigeration and freezer, True Refrigerator, True Freezer, Amana Commercial Microwave, 3 Fridge, 3 Freezer, Soup/Chili warmer, TurboChef, Lang Convection Oven, Panini Press, Juice Machine, Ice Cream Display case, La Cimbali espresso machine.• The property has a full sprinkler system in place as well as a security system. There is also a vent shaft within the space to allow for a hood to be installed. • Insurance is $4,419/year; Property taxes are $5,592.88/year; Condo fee is $651.71/month and includes water, reserved customer parking spaces (4), trash & recycling, exercise gym, pool facilities and CAM fees. Seller would lease the space also for $27.00/psf NNN.

PROPERTY FACTS

No. Units 296
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 5.83 AC
Building Size 693,951 SF
No. Stories 4
Year Built 2005
Parking Ratio 2.98/1,000 SF
APN / Parcel ID
09-03508422
  • 09-03509825
  • 09-03513601
  • 09-03513645
  • 09-03513862
  • 09-03513997
  • 09-03514024
  • 09-03514081
  • 09-03514115
  • 09-03514126
  • 09-03514148
  • 09-03514651
  • 09-03514662
  • 09-03514673
  • 09-03514684
  • 09-03514695
  • 09-03514707
  • 09-03514718
  • 09-03514720
  • 09-03514731
  • 09-03514742
  • 09-03514753
  • 09-03514764
  • 09-03514775
  • 09-03514786
  • 09-03514797
  • 09-03514800
  • 09-03514811
  • 09-03514822
  • 09-03514833
  • 09-03530707
Zoning Mixed Use - floating zone that allows for a mix of commercial, residential, employment, recreational, and civic/cultural uses.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Double Vanities
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Built-In Bookshelves
  • Instant Hot Water
  • Patio
  • Porch
  • Recreation Room
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Clubhouse
  • Fitness Center
  • Pool
  • Sauna
  • Media Center/Movie Theatre
  • Elevator
  • Smoke Detector
  • Listing ID: 24611361

  • Date on Market: 12/6/2021

  • Last Updated:

  • Address: 11 Arch Pl, Gaithersburg, MD 20878

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