106 N Summit Avenue Gaithersburg, MD $ 775,000
106 N Summit Avenue
$ 775,000
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106 N Summit Avenue

Gaithersburg, MD, 20877
$ 775,000
Baths0.0 Sq 17,678

Monthly Estimate*

$ 5,151

106 N Summit Avenue, Gaithersburg, MD 20877 - Image 1
106 N Summit Avenue, Gaithersburg, MD 20877 - Image 2
106 N Summit Avenue, Gaithersburg, MD 20877 - Image 3
Studio

Commercial Property for sale in Gaithersburg, MD

for $775,000. This 17,678 square foot building was built in 2007 on a lot size of 0.41.

17,678 square foot site is zoned CBD 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.

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Commercial Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,593

Style

Bed and Breakfast,Apartment Building,Day Care Faci

Lot Size

0.41

Year Built

2007

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2069374

Features
Interior
Heating Fuel None
Hot Water None
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Immediate Settlement
Zoning CBD
Construction Materials Other
Year Built 2007
Property SubType Land for Commercial Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality City of Gaithersburg
Business Type Bed and Breakfast Apartment Building Day Care Facility Medical Other/General Retail Religious Facility Restaurant/Bar Shopping Center Supermarket/Grocery Store Other
Accessibility None
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 355 north to Right turn on N. Summit for a half mile property is on the left
City GAITHERSBURG
Buyer Agent Compensation 3
Total Units 1
Lot Size Square Feet 17678.00
Waterfront Y/N N
Street Name SUMMIT
Tax Annual Amount 6593.0
Price Per Sq Ft 596.15
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 594
Standard Status Active
Year Built Source Estimated
Legal Subdivision DEER PARK
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Cleared Corner Level Open Premium
Water Source Public
Type of Parking Driveway On Street Other
Water View Y/N N
Building Area Total 1300.00
Lot Dimensions roughly 170 x 104
Lot Size Acres 0.41
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 499900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 106
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* Excluded Features
List By
Amr Commercial, Llc

Broker

jalexander@amrcommercial.com

Email

Affordability Calculator

$5,700
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,151
Monthly Property Taxes
$549
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2022$775,000 Listed Price

Map


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106 N Summit Avenue, Gaithersburg, MD, 20877 is a Commercial Property for sale at $775,000 with 17,678 sqft and a lot size of 0.41. 106 N Summit Avenue is a studio with 0.0 baths and was built in 2007. The property's zip code is 20877 which is in Gaithersburg, MD