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Freestanding Bar & Pub Building
For Sale
Contact for pricing
Pending

106-108 E Diamond Ave, Gaithersburg, MD 20878

CBD-zoned restaurant property with on-site surface parking and access to the MARC station.

Property SizeContact for details
Days on Market142

Property Features for 106-108 E Diamond Ave

General Information

Standard status Pending
Total Parking Spaces 28
Property subtype Retail
Zoning CBD

Additional Details

Traffic Count 24,755 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: CapStar Commercial Realty
Listed By: John P. Lin · License #MD 318697
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:11PM

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 Commercial Realty

Investment Insights

Based on property information with market context.

Freestanding commercial building at 106-108 E Diamond Ave in Gaithersburg, Maryland, currently occupied by Don Jorge Mexican Bar and Restaurant. The property is configured for restaurant use and carries CBD zoning, with 28 surface parking spaces serving the site.

The building is positioned along E Diamond Avenue with visibility from Russell Avenue. Average daily traffic on E Diamond Avenue is 24,755 cars per day, and the property is minutes from the MARC station. The current lease term ends in May 2024.

Key Highlights

  • Freestanding restaurant building at 106‑108 E Diamond Ave, Gaithersburg, MD 20878
  • Currently occupied by Don Jorge Mexican Bar and Restaurant under a lease ending in May 2024
  • CBD zoning supports the property's commercial restaurant setting

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Butcher Pet Store Catering Service Storage Facility Pet Store & Service

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

24,755 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,842
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 88% Electronics 12%
Shell Shops & Services
12,290 visits/mo 0.3 miles
Metro by T-Mobile Electronics
1,714 visits/mo 0.2 miles

Demographics for 20878, MD

65,990
Population
25,297
Households
2.6
Avg Household Size
40
Median Age
70%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
3,235
Density / Sq Mi
$142,062
Median Household Income
$76,026
Median Earnings
$2,188
Median Rent
$675,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Fifth Avenue Band 108 Olde Towne Ave, Gaithersburg, MD 20877
  • Ayala Andrade Inc 108 Olde Towne Ave, Gaithersburg, MD 20877
  • Harvest Plates & Pints 2 Montgomery Village Ave, Gaithersburg, MD 20879
  • Lakeside Beer & Wine 9621 Lost Knife Rd, Gaithersburg, MD 20877

Frequently Asked Questions

What type of property is this?
Bar & Pub - CBD-zoned restaurant property with on-site surface parking and access to the MARC station.
Where is this bar & pub located?
The property is located at 106-108 E Diamond Ave Gaithersburg, MD.
What are key features of this property?
This property features: Freestanding restaurant building at 106‑108 E Diamond Ave, Gaithersburg, MD 20878; Currently occupied by Don Jorge Mexican Bar and Restaurant under a lease ending in May 2024; CBD zoning supports the property's commercial restaurant setting
(301) 738-7777 Call to check price and availability
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