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Storefront Retail and Office Property
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Pending

5 Park Ave, Gaithersburg, MD 20877

Multi-level commercial space combines street-facing retail areas with separate upper-floor office suites and an additional basement.

Property Size2,800 SF
Days on Market143

Property Features for 5 Park Ave

General Information

Standard status Pending
Size 2,800 SF
Net Rentable 2,800 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 6:25PM

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 multi-address commercial property combines retail and office components across 200-204 E. Diamond Ave and 5 Park Ave. The Diamond Avenue building provides approximately 3,145 rentable SF of first-floor retail space, glass storefronts, and a full basement of similar area. An additional approximately 1,300 rentable SF of office space is located on the second floor. At 5 Park Ave, the first floor contains approximately 750 rentable SF configured for office or hair salon use, while the second floor adds approximately 750 rentable SF of office space.

The property is positioned at 5 Park Ave, Gaithersburg, MD 20877, with the Diamond Avenue component also included in the offering. Its combination of storefront retail, office areas, basement space, and multiple floors supports a range of commercial configurations within the existing improvements.

Key Highlights

  • Approximately 3,145 rentable SF of first‑floor retail space at 200‑204 E. Diamond Ave
  • Full basement below the Diamond Avenue retail area, in addition to the 3,145 SF
  • Approximately 1,300 rentable SF of second‑floor office space at 200‑204 E. Diamond Ave

Property Analytics

Current Use

Niek's Beauty Parlor Cosmetic Store

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
Under-served
Demand for This Use

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
Rey
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Similar Off Market Nearby

  • Mason's Flowers 205 n frederick ave, gaithersburg, md 20877
  • BestFlorist4U 205 N Frederick Ave #300, Gaithersburg, MD 20877
  • Oaxaca Florist 382 N Summit Ave, Gaithersburg, MD 20877
  • Florist 418 Whetstone Glen St, Gaithersburg, MD 20877

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-level commercial space combines street-facing retail areas with separate upper-floor office suites and an additional basement.
Where is this storefront property located?
The property is located at 5 Park Ave Gaithersburg, MD.
What are key features of this property?
This property features: Approximately 3,145 rentable SF of first‑floor retail space at 200‑204 E. Diamond Ave; Full basement below the Diamond Avenue retail area, in addition to the 3,145 SF; Approximately 1,300 rentable SF of second‑floor office space at 200‑204 E. Diamond Ave
(301) 340-9400 Call to check price and availability
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