901 Russell Ave #7302, GAITHERSBURG, 20879

REDUCED 5% Commercial Sale - Condo, Office For Sale

$399,000

Beds
Baths
2,361Sqft
1988Built
190DOM
MLS® #: MDMC675466
Active, 190 Days on Market

SHORT SALE! We are pleased to present the 3,000 sf office condo for sale. Unit located on the third floor of a 24,000 sf office building. Landlord is motivated to sell. Can combine with the other third floor unit for an additional 3,000 sf and control of the entire 3rd floor (6,000 sf). The property is situated within the Russell Office Park which is located at the busy, signalized intersection of Russell Avenue and Christopher Avenue within Gaithersburg, MD. The site sits along a commercial corridor within a densely populated area of Montgomery County. Gaithersburg is the fourth largest incorporated city in MD. The city is home to many major employers such as NIST, IBM, Lockheed Martin and Sodexo. The town is located 20 miles from Washington, DC and easily accessible to the district via I-270. The subject site is located within 1.5 miles to I-270 and just off of Rt. 355 or Frederick Avenue, the major north/south local artery of upper Montgomery County. The encompassing area is home to prominent community shopping centers with many national retailers and a strong residential community to support these businesses. Retailers located in the vicinity include Costco, Sam's Club, Sport and Health, Weis, Trader Joes, Panera, Chipotle, Napa Auto Parts, DunkinDonuts, Concentra Urgent Care, CitiBank, Wells Fargo Bank and all the retailers within the Lake ForestMall.

Price & Status History

Date Details
Price Reduced from $420,000 to $399,000

Essential Information

MLS® #: MDMC675466
Price: $399,000
Bathrooms: 0.00
Square Footage: 2,361
Acres: 0.00
Year Built: 1988
Type: Commercial Sale
Sub-Type: Condo, Office
Status: Active

Community Information

Address: 901 Russell Ave #7302
City: GAITHERSBURG
County: MONTGOMERY-MD
State: MD
Zip Code: 20879

Interior

Heating: Central
Cooling: Central A/C

Exterior

Exterior: Brick and Siding

School Information

District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed: August 21st, 2019
Days on Market: 190
Zoning: E1
Short Sale: Yes
Property Taxes: $6,398
Condo Coop Fees: $0

Listing Details

Listing Office: Farina Real Estate Services

Financials

$/SqFt: $169

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Listing information last updated on February 26th, 2020 at 4:45am EST.