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First-Floor End-Unit Office Condo
For Sale
$260,000

8 RUSSELL Avenue, Gaithersburg, MD 20877

Commercial Sale, GAITHERSBURG, MD

Property SizeContact for details
Days on Market49

Property Features for 8 RUSSELL Avenue

General Information

Property type Other
Property subtype Office
Parking 30
Parking features Garage, Parking Lot
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Taxes and HOA fees

Tax Annual Amount 3260

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1988
Number of units 1
Listing Agency: CapStar Properties
Listed By: Dongqing Zhang · License #36511
Added: Aug 10 Changed: Sep 17 Last Checked: Sep 27 at 7:06PM
MLS# MDMC2250726

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This first-floor, end-unit office condominium is located within a mixed-use building completed in 1988, with three residential levels above. The property includes forced-air heating and central air conditioning, along with garage and parking-lot access.

Parking includes 30 surface spaces and 11 below-level spaces. The office is in Old Town Gaithersburg, within walking distance of the MARC train station and minutes from I-270, MD-370, the ICC, and Shady Grove Metro. The location supports convenient access for occupants and visitors while placing the suite near regional transportation connections.

Key Highlights

  • First‑floor end‑unit office condominium
  • 30 surface parking spaces plus 11 below‑level spaces
  • Mixed‑use building with three residential stories above

Property Analytics

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Current Use

Gaithersburg Dental Associates Dental Office Chamber Family Dentistry Dental Office Pareen Dholoo, DDS ... Dental Office Dr. Joseph Y. ... Alternative Medicine Practice Evenly Orthodontics Dental Office

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.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,842
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Office units - Office condominium with dedicated surface and below-grade parking in a mixed-use building.
Where is this office units located?
The property is located at 8 RUSSELL Avenue 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 end‑unit office condominium; 30 surface parking spaces plus 11 below‑level spaces; Mixed‑use building with three residential stories above
More about this property
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