8 Russell Avenue # 101 Gaithersburg, MD $ 260,000
8 Russell Avenue # 101
$ 260,000
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8 Russell Avenue # 101

Gaithersburg, MD, 20877
$ 260,000
Bedrooms-- Baths-- Sq 1,086

Monthly Estimate*

$ 1,642

8 Russell Avenue # 101, Gaithersburg, MD 20877 - Image 1
8 Russell Avenue # 101, Gaithersburg, MD 20877 - Image 2
8 Russell Avenue # 101, Gaithersburg, MD 20877 - Image 3

Commercial Property for sale in Gaithersburg, MD

for $260,000. This 1,086 square foot building was built in 1988.

Rare Owner-User Opportunity in Old Town Gaithersburg! First-floor, end-unit office condo offering excellent visibility and easy accessibility. Located in a mixed-use building with three stories of residential units above, this suite is well suited for an owner-occupant or investor. The property offers 30 surface parking spaces plus 11 below-level parking spaces. Conveniently located within walking distance of the MARC train station in Old Town Gaithersburg and just minutes from I-270, MD-370, the ICC, and Shady Grove Metro. Ideal for a variety of professional uses, including law firms, medical/healthcare practices, accounting firms, insurance agencies, consulting businesses, and other professional services, subject to applicable zoning and use approvals. Excellent opportunity to own a conveniently located office condo in a highly accessible Montgomery County location.

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Commercial Active

Price

$ 260,000

Property Type

Commercial

Taxes

$ 3,260

Style

Professional

Year Built

1988

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2250726

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate
Zoning CBD
Construction Materials Other
Year Built 1988
Unit Number 101
Property Subtype Office
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality City of Gaithersburg
Business Type Professional
Building Name NO. 8 RUSSELL AVE CODM
Accessibility None
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Get in N Summit ave turn right onto Brookes Ave and turn left onto Russell Ave
City GAITHERSBURG
Number Of Units Total 1
Tax Annual Amount 3260.0
Price Per Sq Ft Total AG 239.41
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision NO. 8 RUSSELL AVE CODM
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Exterior
Water Source Public
Type of Parking Parking Lot Private Garage
Water View Y/N N
Building Area Total 1086.00
Waterfront Y/N N
Land Assessed Value 70000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 8
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* Excluded Features
List By
Capstar Properties

Broker

wzhang@capstarco.com

Email

Affordability Calculator

$1,913
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,642
Monthly Property Taxes
$272
Monthly 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$260,000 Listed Price

Map


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8 Russell Avenue # 101, Gaithersburg, MD, 20877 is a Commercial Property for sale at $260,000 with 1,086 sqft. 8 Russell Avenue # 101 was built in 1988. The property's zip code is 20877 which is in Gaithersburg, MD