337 Main St, Gaithersburg, MD 20878

$1,199,000
3
BD
4
BA
2,600
SqFt

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List Price
$1,199,000
Price Change
▼ $26,000 1783995974
Days on Market
97
Status
ACTIVE
MLS#
MDMC2228708
Bedrooms
3
Bathrooms
4
Full Baths
2
Half Baths
2
Living Area
2,600
Lot Size (Acres)
0.05
Style
Colonial
Year Built
2002
County
Montgomery
School District
Montgomery County Public Schools

Property Description

Own Where You Live — And Let the Building Pay for Itself. Imagine living in a beautifully appointed luxury residence while your tenant downstairs helps cover your mortgage. That is exactly the opportunity this rare mixed-use building in the heart of Kentlands Midtown delivers. Located in the vibrant core of Kentlands' retail and dining district, this exceptional commercial building offers the ultimate lifestyle investment — live up top in a stunning Mitchell & Best home while generating immediate rental income from the established retail tenant below. The Income: The first-level retail space is currently home to Drapery Designs, a well-established, long-standing tenant known for maintaining a clean and professional showroom — and they will remain in place after settlement, providing immediate, day-one rental income. The Residence: Above, a beautifully appointed two-level Mitchell & Best home offers 3 bedrooms, 2.5 baths, and over 2,500 square feet of thoughtfully designed living space. The open floor plan blends comfort and style seamlessly, highlighted by a spacious gourmet kitchen with island, formal living and dining areas filled with natural light, and an inviting family room with a cozy gas fireplace. A one-car attached garage and private rear entrance add everyday convenience. The Location: Steps from Whole Foods, Starbucks, boutique shopping, and some of the area's best dining — this is Kentlands living at its most coveted address. The Numbers: Total building approximately 4,519 square feet of mixed-use space. Whether you are an investor seeking consistent revenue potential or an owner-occupant ready to let your building work for you — this is a rare opportunity that simply does not come available often in one of the DC metro's most desirable mixed-use communities.

Additional Information

Subdivision
Kentlands Midtown
Taxes
$17520
HOA Frequency
Monthly
Interior Features
Breakfast Area, Kitchen - Table Space, Other, Primary Bath(s), Window Treatments, WhirlPool/HotTub
Amenities
Lake, Pool - Outdoor, Recreational Center, Tennis Courts, Tot Lots/Playground
School District
Montgomery County Public Schools
High School
Quince Orchard
Flooring
Carpet, Ceramic Tile, Other
Garage
Yes
Garage Spaces
1
Community Amenities
Lake, Pool - Outdoor, Recreational Center, Tennis Courts, Tot Lots/Playground
View
Garden/Lawn
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Wood, Metal
Utilities
Cable TV Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of TTR Sotheby's International Realty. Contact: