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First-Floor Office Condo
New
For Sale
$260,000

8 RUSSELL AVE #101 101, Gaithersburg, MD 20877

End-unit placement and shared parking serve this office suite within a mixed-use building.

Property SizeContact for details
Days on Market4

Property Features for 8 RUSSELL AVE #101 101

General Information

Standard status Active
Total Parking Spaces 41

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Floor 1

Building Details

Buildings 1
Stories 4
Listing Agency: CapStar Properties
Listed By: Dongqing Zhang · License #36511
Source: Sandrasellstheshore
Added: Sep 24 Last Checked: Sep 26 at 6:11AM

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 office condominium occupies an end-unit position in a mixed-use, three-story building with residential units above. Parking for the property includes 30 surface spaces and 11 spaces below grade.

The suite is in Old Town Gaithersburg, within walking distance of the MARC train station. I-270, MD-370, the ICC, and Shady Grove Metro are a short drive away. Professional use is subject to applicable zoning and use approvals.

Key Highlights

  • First‑floor office condominium at the end of the building
  • 30 surface parking spaces and 11 below‑level spaces
  • Mixed‑use building with three stories of residential units above

Property Analytics

Current Use

Office Units

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,226
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 - End-unit placement and shared parking serve this office suite within a mixed-use building.
Where is this office units located?
The property is located at 8 RUSSELL AVE #101 101 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 office condominium at the end of the building; 30 surface parking spaces and 11 below‑level spaces; Mixed‑use building with three stories of residential units above
More about this property
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