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First-Floor End-Unit Office Condo
For Sale
$260,000

101-8 Russell Ave, Gaithersburg, MD 20877

Professional office suite with dedicated surface and below-level parking in a mixed-use building.

Property SizeContact for details
Days on Market11

Property Features for 101-8 Russell Ave

General Information

Standard status Active
Total Parking Spaces 41

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Floor First Floor

Taxes and HOA fees

Annual Taxes $3,260
Listing Agency: CapStar Properties
Listed By: Dongqing Zhang · License #36511
Source: Exprealty
Added: Aug 11 Changed: Aug 21 Last Checked: Aug 21 at 10:58AM

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 CapStar Properties

Investment Insights

Based on property information with market context.

This first-floor, end-unit office condo is located within a three-story mixed-use building with residential units above. The suite offers a professional office setting with convenient access and visibility from Russell Ave. Parking includes 30 surface spaces and 11 below-level spaces.

The property is at 101-8 Russell Ave in Old Town Gaithersburg, within walking distance of the MARC train station. Regional access includes I-270, MD-370, the ICC, and Shady Grove Metro, all identified as nearby transportation connections. The location supports a range of professional office applications, including law, medical and healthcare, accounting, insurance, consulting, and other professional services, subject to applicable zoning and use approvals.

Key Highlights

  • First‑floor end‑unit office condo at 101‑8 Russell Ave
  • 30 surface parking spaces plus 11 below‑level parking spaces
  • Mixed‑use building with three stories of residential units above

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store Pet Store Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,005
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional office suite with dedicated surface and below-level parking in a mixed-use building.
Where is this office units located?
The property is located at 101-8 Russell Ave Gaithersburg, MD.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: First‑floor end‑unit office condo at 101‑8 Russell Ave; 30 surface parking spaces plus 11 below‑level parking spaces; Mixed‑use building with three stories of residential units above
More about this property
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