7616-7636 Airpark Rd
Gaithersburg, MD 20879
Airpark Road Condominium · Flex Property For Sale
Investment Highlights
- Rare opportunity to buy an office condo in an industrial park located at the intersection of Woodfield Road (Route 124) and Airpark Road.
- A staircase connects the upper and lower levels with 2 conference or storage rooms, 2 offices, and a small and large warehouse space.
- Ceiling height is 7’ 8” on the upper level and 9’ 8” on the lower level with A/C, heat, security systems, and 6 unreserved surface parking spaces.
- 2 condo units are combined for a total of 3,000 SF with 2 finished offices, 2 bathrooms, reception area, entry vestibule and a lower level.
- Easily convertible back to light industrial by converting the conference/storage room into warehouse space or additional indoor parking.
- Minutes to I-270, I-370, MD-200 (ICC), Route 355 (Frederick Ave) and Shady Grove Metro.
Executive Summary
Rare opportunity to buy an office condo in an industrial park located at the intersection of Woodfield Road (Route 124) and Airpark Road in the Montgomery County Airpark of Gaithersburg, Maryland. The two condo units (7618 & 7620 Airpark Road) are combined for approximately 3,000 SF. The upper level has 2 finished offices, 2 bathrooms, reception area, entry vestibule and a stair to the lower level. The lower level has 2 conference or storage rooms, 2 finished offices, a small warehouse space, a larger warehouse space to park a commercial vehicle, 2 overhead doors and 2 man doors. The condos are zoned light industrial (IL) and can accommodate multiple uses; the office condos can easily be converted back to light industrial as the lower level conference/storage rooms and/or offices can be removed to create larger warehouse areas or more indoor parking spaces. Ceiling height is 7’ 8” on the upper level and 9’ 8” on the lower level. Real estate taxes (2019-2020) are $2,618.97/unit and the condo fee is $300/month/unit/. Minutes to I-270, I-370, MD-200 (ICC), Route 355 (Frederick Ave) and Shady Grove Metro. Montgomery County Ride-On Bus Stop #90 (Damascus/Shady Grove Metro) is located next to the building on Airpark Road. Less than 1 hour to Ronald Reagan Washington National Airport, Washington Dulles International Airport, and Baltimore-Washington International Airport.
Property Facts
Utilities
- Water - City
- Sewer - City
- Heating - Electric
