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Mixed-Use Redevelopment Opportunity

206-226 E Diamond Ave, Gaithersburg, MD

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Mixed-use redevelopment opportunity in Old Towne Gaithersburg, Montgomery County, MD.

Property Size57,934 SF
Lot Size1.41 Acres
Days on Market829

Property Features for 206-226 E Diamond Ave

General Information

Standard status Active
Size 57,934 SF
Lot size 1.41 Acres
Property subtype RETAIL
Listing Agency: Transwestern | Mid-Atlantic
Listed By: Joe McCormick
Source: Moodyscre
Added: Aug 8, 2024 Changed: Nov 1 Last Checked: Nov 12 at 10:22AM

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 Transwestern | Mid-Atlantic

Rey
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Investment Insights

Based on property information with market context.

This mixed-use redevelopment opportunity is located in the heart of Old Towne Gaithersburg in Montgomery County, MD. The project includes five retail buildings, including a vacant former shoe store, a cash depot/merchandise store, two restaurants, and a barber shop. Additionally, the property features eight residential units located on the second level. The property size is 57934 square feet.

Key Highlights

  • Mixed‑use redevelopment opportunity
  • Located in the heart of Old Towne Gaithersburg, Montgomery County, MD
  • Comprised of 5 retail buildings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Electronics 3%
Wawa Shops & Services
32,658 visits/mo 0.5 miles
Shell Shops & Services
12,290 visits/mo 0.2 miles
Public Storage Shops & Services
3,049 visits/mo 0.5 miles
Metro by T-Mobile Electronics
1,714 visits/mo 0.1 miles
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use redevelopment opportunity in Old Towne Gaithersburg, Montgomery County, MD.
Where is this mixed-use property located?
The property is located at 206-226 E Diamond Ave Gaithersburg, MD.
What are key features of this property?
This property features: Mixed‑use redevelopment opportunity; Located in the heart of Old Towne Gaithersburg, Montgomery County, MD; Comprised of 5 retail buildings
(301) 896-9072 · Office Call to check price and availability
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