Charming Cottage in
For Sale
$699,000
Pending
1 Montgomery Ave, Gaithersburg, MD 20877
Unique cottage in prime location, ideal for business or residential.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market212
Property Features for 1 Montgomery Ave
General Information
Standard status
Pending
Lot size
0.23 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,023
Building Details
Year Built
1920
Listing Agency:
REDFIN CORP
(301) 658-6186
Listed By:
JAMI RANKIN · License #324843
(202) 438-1526
Source:
Corcoran
Added: Feb 3
Changed: Aug 8
Last Checked: Jul 23 at 7:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REDFIN CORP
Investment Insights
Based on property information with market context.
This unique cottage is situated in the desirable Gaithersburg Residential Buffer Zone. Currently configured as a professional office suite, the property offers possibilities for business or residential use. The main level features two entrances leading into reception areas. There is a front office with a custom built-in wall unit and library ladder, a conference room, an updated kitchenette, and a private executive suite with an adjoining conference room. The upper level includes four offices and a full bath, convertible to bedrooms and living space. The waterproofed basement provides storage with built-in shelving and a half bath. The property features hardwood floors, woodwork, and updated bathrooms and kitchenette. There is potential to add another bathroom on the main level, with plumbing already in place. The exterior includes landscaped grounds, hardscaping, and deck spaces at the front and rear. Parking is available with a paver parking spot near the rear entrance and additional spaces in the private rear lot. Located off Route 355, it offers access to the MARC Train, I-370, and I-270. This property is suitable for a small professional business or a mixed-use space or residence.
Key Highlights
- Prime Gaithersburg location with quick access to Route 355, MARC Train, I‑370, and I‑270.
- Versatile property suitable for business, residential, or mixed‑use.
- Turn‑key condition with updated kitchenette and bathrooms, hardwood floors, and rich woodwork.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,176
Businesses Nearby
Explore this area
Business Placement
Demographics for 20877, MD
37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Unique cottage in prime location, ideal for business or residential.
Where is this office units located?
The property is located at 1 Montgomery Ave Gaithersburg, MD.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime Gaithersburg location with quick access to Route 355, MARC Train, I‑370, and I‑270.; Versatile property suitable for business, residential, or mixed‑use.; Turn‑key condition with updated kitchenette and bathrooms, hardwood floors, and rich woodwork.
