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Two-Building Mixed-Use Property
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Pending

200-204 E Diamond Avenue & 5 Park Avenue, Gaithersburg, MD 20877

Retail frontage and office suites are arranged across two commercial buildings.

Property Size5,945 SF
Days on Market143

Property Features for 200-204 E Diamond Avenue & 5 Park Avenue

General Information

Standard status Pending
Size 5,945 SF
Property subtype Retail, Office

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Jay Clogg Realty Group Inc
Listed By: Jay Clogg · License #MD 67699
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:45PM

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 Jay Clogg Realty Group Inc

Investment Insights

Based on property information with market context.

This mixed-use commercial property comprises two buildings with retail and office configurations. The primary building at 200-204 E. Diamond Avenue contains approximately 4,445 rentable SF, including about 3,145 rentable SF of first-floor retail space, a full basement, and approximately 1,300 rentable SF of second-floor offices. Glass storefronts provide the retail component with street-facing exposure.

The second building at 5 Park Avenue totals approximately 1,500 rentable SF. Its first floor offers about 750 rentable SF configured for office or hair salon use, while the second floor contains another approximately 750 rentable SF of office space. The first-floor space is occupied by My Natural Hair Spa under a lease through 2/28/2021, and the second-floor office is occupied by Tabitha Harvey, an Avon distributor, under a lease through 8/31/2019. Both leases include landlord termination rights with three months’ notice and payment of $1,000.

Key Highlights

  • Two commercial buildings combine retail, office, and hair salon configurations
  • Primary building contains approximately 4,445 rentable SF
  • About 3,145 rentable SF of first‑floor retail space with glass storefronts

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Butcher Catering Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Pet Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,684
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?
Mixed-use property - Retail frontage and office suites are arranged across two commercial buildings.
Where is this mixed-use property located?
The property is located at 200-204 E Diamond Avenue & 5 Park Avenue Gaithersburg, MD.
What are key features of this property?
This property features: Two commercial buildings combine retail, office, and hair salon configurations; Primary building contains approximately 4,445 rentable SF; About 3,145 rentable SF of first‑floor retail space with glass storefronts
(301) 340-9400 Call to check price and availability
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