517 S Frederick Avenue Gaithersburg, MD ^$ 4,600,000

517 S Frederick Avenue

^$ 4,600,000

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517 S Frederick Avenue

Gaithersburg, MD, 20877

^$ 4,600,000

Bedrooms-- Baths-- Sq 55,374

Monthly Estimate*

^$ 29,045

Commercial Property for sale in Gaithersburg, MD

for $4,600,000. This 55,374 square foot building was built in 1963.

Commercial Active

Price

^$ 4,600,000

Property Type

Commercial

Taxes

^$ 67,829

Style

Apartment Building

Year Built

1963

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2242756

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Hot Water Forced Air

Cooling Other

Possession Immediate

Zoning CD

Construction Materials Brick

Year Built 1963

Property Subtype Five Or More Units

Tax Year 2025

Ownership Cooperative

Cool Fuel Electric

Municipality City of Gaithersburg

Business Type Apartment Building

Accessibility 32 + wide Doors 36 + wide Halls

County MONTGOMERY

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Travel to I-270 in Montgomery County Maryland. Take the exit for MD-355/Frederick Avenue toward Gaithersburg. Follow Frederick Avenue (MD-355) toward the City of Gaithersburg. Continue on South Frede

City GAITHERSBURG

Number Of Units Total 46

Tax Annual Amount 67829.0

Price Per Sq Ft Total AG 83.07

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Legal Subdivision DEER PARK

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 55374.00

Waterfront Y/N N

Land Assessed Value 1374700.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 517

* Excluded Features

List By

Capstar Properties

Broker

jlin@capstarco.com

Affordability Calculator

$34,697

Per Month

Monthly Principal & Interest: $29,045
Monthly Property Taxes: $5,652
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gaithersburg, MD

Average List Price ^$962,514

Percent of Sale Price 79%

About Gaithersburg, MD

70,159 Population

29% Since 2002

^$84,563 Median Income

37.89 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/26/2026	$4,600,000		Listed Price

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517 S Frederick Avenue, Gaithersburg, MD, 20877 is a Commercial Property for sale at $4,600,000 with 55,374 sqft. 517 S Frederick Avenue was built in 1963. The property's zip code is 20877 which is in Gaithersburg, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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517 S Frederick Avenue

Commercial Property for sale in Gaithersburg, MD

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