Located in Olde Towne Gaithersburg this 1912 Victorian is zoned Central Business District. It features an 1,854 sq ft 2-level commercial space that features ramp access, reception desk, flexible work spaces & two half baths. Most recently used as a chiropractors office. It also has a spacious 1,100 square foot 2BR/2BA apartment that is completely seperate from the commercial space. The apt features a private outdoor deck area, rear entrance, high ceilings & tons of natural light. Flexible space could be great investment or opportunity for a business owner who wants to live on-site in the apt or use the apt as an income generator. Driveway leads to large parking lot that accommodates 10+ cars.
Marcus & Millichap is pleased to exclusively represent the owner of 615 Kennedy Street NW, DC 20011, in the Brightwood subdivision. This new construction build is situated on a .05-acre lot, amassing six stories with a rooftop deck. Included in the 8,276 Square Feet of rentable space are six bi-level units and two penthouse each with a separate rooftop deck. Each of the eight units are delivered with condo level finishes including granite countertops, stainless steel appliances, custom granite tops, and much more. The property also comes with two parking spaces for future tenants. A buyer can achieve a NOI of approximately $219,283 in year 1, which operates at a 6.64% Cap Rate based off the sales price. This investment also yields a 15.76% 5- year levered return, which is highly attractive in todayâs market. Future appreciation based off of the corridorâs revitalization should also be considered when analyzing this investment. Since 2000, the median household income in the area has increased by 97.4%. The average household income in 2022 for this corridor is $145,000, approximately 50% higher than the U.S. average. With dozens of development projects set to be completed over the next few years, Brightwood is set to become a retail hot bed, with new commercial real estate being developed on Kennedy Street, and at the Fort Totten metro (five blocks away). The Kennedy Street corridor is a designated âGreat Streetâ corridor that is bolstered by new residential and commercial development. In addition to its recent residential building boom, Kennedy Street offers a mix of independent retailers, restaurants, and specialty grocers. This site is located two miles away from âThe Park at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center. This Park will include 3.1 million square feet of mixed-use development.
Welcome to an unparalleled investment opportunity in Washington D.C. where urban convenience meets sustainable living. This exceptional 22-unit building is now available for sale, offering a unique blend of modern luxury, eco-friendly features, and a highly desirable walkable neighborhood. Fully permitted and 70% complete 22 unit apartment/condo with off street parking. Call for more information!
30-unit apartment building under construction in Petworth on hot Kennedy Street. Site work is in progress with projected delivery in Spring of 2024. Plans are for a high-end design with modern finishes, ideal for condo resale, or can be a long-term hold as apartment residences.
Suite 200 consists of 20,148+/- square feet of executive office space in the Gateway Center condominium project. The suite was previously the national headquarters of a large franchise and contains many high end finishes. It is configured with a large reception area, two executive offices, numerous private offices and conference rooms, a bullpen/open office area and a full kitchen. There are 2 sets of restrooms at opposite ends of the suite along with a private restroom in one of the executive offices. The suite is accessed either by private elevator or the large open staircase off of the main lobby. The suite is located in Building A of the Gateway Center condominium project, a 2 building, 125,000 square foot development with surface parking for 431 vehicles which works out to a 3.5/1000 parking ratio. Building amenities include high end corporate common area finishes, fiber optic availability, a loading dock, 3 elevators and a small park area. This building is located on Lee Deforest Drive which is off of Robert Fulton Drive, that connects to Snowden River Parkway and is positioned at the mid-point of Baltimore and Washington DC (I-95 at Route 175). Note: There is a tenant leasing 7 offices on a month to month basis and paying $2,500/month. Tenant will vacate prior to closing at option of Purchaser. The property is bank-owned and the seller is highly motivated. On-line auction ends April 30th at 11:00 am. Sale is subject to Bank confirmation.
AUCTION! List price is opening bid. Bank-owned, 1,434+/- square feet Audio/Video Production Studio located in the Gateway Center condominium project. The suite was previously used as a video production studio for a national corporation. It is configured with two main rooms, one the production studio and the other the control room, separated by a soundproof door. The suite also includes two additional rooms that could be used for office or storage. It has commercial carpeting, commercial wallpaper on the walls and an open ceiling. The unit features soundproofing throughout and there are no windows in the suite. The suite is located in Building A of the Gateway Center condominium project, a 2 building, 125,000 square foot development with surface parking for 431 vehicles which works out to a 3.5/1000 parking ratio. Building amenities include high end corporate common area finishes, fiber optic availability, a loading dock, 3 elevators and a small park area. This building is located on Lee Deforest Drive which is off of Robert Fulton Drive, that connects to Snowden River Parkway and is positioned at the mid-point of Baltimore and Washington DC (I-95 at Route 175). The property is bank-owned and the seller is highly motivated. Sale subject to bank confirmation.
10 unit condo building currently under construction. Approved unit plans can be provided to serious parties. The condominium has not been registered with the Mayor and no unit in the condominium property can or will be offered for sale until the time the unit has been so registered.
LOCATION, LOCATION, LOCATIONâ¦.. DETACHED COMMERCIAL RAMBLER IN PRIME LOCATION FOR MAXIMUM VISIBILITY. WAS RECENTLY USED AS AN ALLSTATE INSURANCE OFFICE. PROPERTY IS IDEAL FOR REDEVELOPMENT ESPECIALLY AFTR THE CONSTRUCTION OF THE PURPLE LINE AND THE CENTRAL KENILWORTH REVITALIZATION PROJECT. DONâT MISS OUT ON A TREMEDOUS OPPROTUNITYâ¦â¦..
17,678 square foot site is zoned CBD â Central Business District (City of Gaithersburg) intended for townhome development, retail or an office use. Corner location at the intersection of Lee Street with easy access to I-270 and Route 355. Walking distance to the historic Old Towne Gaithersburg shopping & restaurant district.
Seller Will Consider Owner Financing - Prime Location in West Hyattsville with .86 Acre Commercial Lot - Ideal location for Auto Service Business and possible Small Industrial - County has proposed New CS Zoning - AMAZING high-traffic location near West Hyattsville Metro Station. Property being sold As-Is. Large lot has a small building used for office, plus 2 garages, 2 separate lifts - Existing auto related business has been operating on the lot for 30+ years under previous CSC zoning. Call for Details
Discover the endless possibilities with this exceptional C2A zoned property! Currently operating as a gift shop on the main street level and featuring a 3-4 bedroom 2 full baths apartment on the upper level, this unique opportunity allows you to own your business and live conveniently upstairs. Additional features include a basement for storage and a 3-car private parking pad at the rear. Strategically located in the corner of Georgina Ave and Delafield Place NW, in the vibrant Patworth neighborhood. This property is in the heart of Washing DC. Don't miss out on the incredible change to thrive in one of the city's most dynamic areas!
Street level office with separate entrance and address from the Residential part of the Willoughby of Chevy Chase Condominium. Entry Guard system that rings to each of the 4 offices in this area. Renovated office space that features a reception area, 2 separate offices with one of the offices with a sliding glass door that leads to your own private patio. Full Bath. One assigned indoor garage parking space. Rarely available! Close to Friendship Heights Metro. Monthly Condo Fee of $380 includes all utilities (except internet and cable). Unique opportunity.
Located in the lively Petworth neighborhood of Washington, D.C., 4811 Georgia Ave is a developer's dream, poised at the drywall-ready stage with the bulk of construction already in the rearview. This project boasts 10 units, including two exquisite, two-level penthouses with panoramic views, perfectly positioned for upscale living in an area known for its growth and vitality.
DRIVE-BY ONLY. DO NOT DISTURB TENANTS. COMMERCIAL BUILDING on high traffic Queens Chapel Road. WALK TO WEST HYATTSVILLE METRO & Prince George's Plaza Mall & Metro. Zoning changed on 4/1/22 with great possibilities for REDEVELOPMENT, office, and/or mixed use. However, check with Prince George's County for other uses. CALL AGENT for MORE INFORMATI Zoning site: Zoning Ordinance, Subdivision Regulations, & Landscape Manual (Effective 4/1/2022)
Recently updated medical office with beautiful finishes and modern look. NO EXPENSES SPARED. Spacious reception desk and waiting area with 11 exam rooms/offices, 2 bathrooms and a huge break room. Three blocks to Friendship Heights Metro and buses. Easy access from garage (3 assigned parking spots convey with purchase). Call for a tour!
Great Business Opportunity!! The long time owner is retiring and this will be great opportunity to anyone. Located within a shopping center next to well-known groceries and retail shops with lots of regular customers. This retail shop is like compact version of Walmart or CVS and carries people's everyday needs. The business has great cash flow and product expandability. Please contact listing agent for details. Don't miss this great opportunity!!!!
Approximately 1500 sqft Office in the heart of Chevy Chase. Within walking distance to restaurants, shops, and Friendship Heights metro station. Design of this office allows for a wide range of uses with a large open space as you enter and 3 private offices to the left and right. Open space can be used for cubicles, multi purpose space, presentation area, etc. Large bathroom within the unit and kitchenette. This is not your average condo, its filled with sunlight with windows on all sides and has a perfect balcony to enjoy the outdoors and get a fresh breath of air. Property is in Class B garden style building with an open courtyard and sitting area. Building is fully ADA compliant with two new elevators installed. Neighbors include medical offices, real estate, lawyer, title company, engineering and consulting firms. 3 dedicated parking spots deeded with the condo. Alarm system, internet and phone Strong Demographics with average household income of $146,000 and 26,000 people within 1 mile. Daytime employee population of 21,000 people. Highly trafficked high income area. Currently 3 parking spots are rented out for $300 total. Individual office with private entrance is rented out for $1500 on a month to month lease. Buyer's choice to continue leasing or can be conveyed at settlement vacant Condo fee is $715 monthly, which is extremely low for the area.
Tenant Renewed Early for 3rd Time 1st Floor Oppty/HUBZone Owner Occupant Oppty Approx. 1000 SF Gaithersburg MD Lease now extends to 11/30/28. Also, the Lease has flexibility for a Buyer since there is an option in the Lease for the New Owner to maintain the current Renewed Favorable Lease or terminate the Lease if they wish to be an Owner Occupant Buyer! Rarely available HUBZone/Opportunity Zone property. 1st floor location in this highly desirable business park. This Recession proof stable investment property is currently leased to a very successful established organization that has a diversified business portfolio including tax preparation services, translation services, vending machine sales and others. They outgrew their previous location and moved to this location in 2019 and signed an initial one year lease but renewed early three times now and the Lease now runs through 11/30/2028. Minimal Landlord Responsibilities. The Landlord pays base real estate taxes and condo fees. Tenant pays any increase from base real estate taxes and condo fees. Lease includes annual increases of 4%. Tenant pays for repairs as well as Utilities (Water and Electric), Cleaning and upkeep. The Current owner invested approximately 20K in renovations to accommodate tenant including a new HVAC in 2016. This is rare opportunity to own the most prized area of any building (the 1st Floor Retail/Medical office space) without having the challenges of leasing or owning standard higher floors office space. This Beautiful Office Condo Community located next to the Historic Chestnut Meem District is a hidden gem in Montgomery County, MD. This first floor Office Condo located in Suite 120 (5A) has 4 large windowed offices, a reception area, private restroom, 2 exterior entrances and free and plentiful parking. The community just reinvested in a new roof, gutters and repaving of the parking lot. Excellent location near Montgomery County Fair Grounds, restaurants, shopping and very close to both 355 and I-270. This property is located in a Tax advantaged Opportunity Zone creating an attractive long term real estate investment. This property is also located in a Federally Designated HUBZone area which is an excellent opportunity for a long term tenant Government Contractor or an Owner/User Government Contractor who needs that location status. Cap rate includes estimated tax benefits in the calculation. Great long term stable investment opportunity or excellent Owner Occupied opportunity to build equity and provide a financial nest egg for your future.
Want to be your own boss? Opportunity is knocking... For just $185k, you can own a 4,000 sqf auto repair shop (Business for sale only, not including Real Estate). Tools and equipments are worth more than $120k. Some of the features including: One office, a waiting room, second level for storage, 1 full bath and 2 half baths, 3 lifts, an additional lift for alignment, tire changing station, milling machine for rotor re-surfacing, alignment equipments, Snap-on OBD2 scanner, Snap-on Ac charger, Welder, Transmission Fluid flush machine and much more. This auto repair shop has been serving the community and customers with integrity for many years. The business at this shop are not just from personal automobiles but including corporation's auto fleet, the business income is stable, and profitable. Low monthly rent ($3,234.00) and the lease is good until 2029. If interested, please contact listing agent directly to make an appointment. Please do not come to the shop without appointment. Please do not interrupt employees. Thank you for your cooperation.
The building at 438 N. Frederick Ave. is a 72,626 SF, 4 story office building in Gaithersburg. The Fairview building has established a new take on office space by providing shared amenities including executive conference rooms, fully appointed kitchen, and climate controlled storage on each floor. The building was fully renovated in 2007 including a spectacular new main lobby, new HVAC and fire, life safety and alarm systems. Building also includes a shared in-house fitness center and micro-market. Located on Rt. 355 with easy access to I-270 and bus line. All amenities within walking distance: restaurants, retail shopping, pharmacy, gas stations and more. Non-assigned parking is plentiful (160 surface and 40 covered)- never, never, never an issue to find a spot for you and your clients. Building is fiberlit. Uses include attorney, accountant, doctor, therapist, physical therapy, chiropractic, IT consulting services, counseling and more. The office condo being offered for sale is about 1,192 SF. There is a current tenant in place with a 5 year lease agreement (currently on year 2 of that agreement).
Current Law Offices of Saunders and Schmieler. Desired End Condition. Larger than interior units with an abundance of windows and great natural lighting. Currently furnished and operational for a Law practice but can be utilized for all manner of business enterprise from Accounting, to Consulting, Engineering, Medical, General Business and IT. Shows beautifully and immaculately maintained. . Furniture Fixtures and Equipment are negotiable. Located in The Clusters at Twin Knolls office park, Suite 6 is part of a Business Park that include just 18 total units, each with private entrances.. The matured landscaping and beautifully-maintained parklike setting is conveniently and strategically located with quick access to Route 29 and Route 175. The Clusters at Twin Knolls office park is two blocks from the Double Tree (Hilton) hotel, just 2.7 miles from The Mall and Columbia Town Center. There are 2 Associations, The Columbia HOA which is a $915.28 annual fee and the The Clusters at Twin Knolls which is a monthly fee of $314.00. The Clusters fee includes mowing, snow removal, trash, and landscaping upkeep.
Commercial Storefront on busy walk around Upshur Street, property boasts display windows on 9th street and Upshur (corner property) currently houses Florist Shop.
Suite 107: First-floor unit, secure building, Ample parking, well-established and maintained office condo complex. Easy access to Routes 175 & 29, & I-95. Conveniently located within minutes of Columbia Town Center and Columbia Mall. Adjacent to the Hilton Hotel Suits in a quiet and wooded campus setting. The condo fee is paid quarterly and the amount is $1,245.09. The Columbia association fee for the year 2023 was $709.92.
