11 Arch Place, Gaithersburg, MD 20878

$490,000
List Price
$490,000
Days On Market
2
Status
ACTIVE
MLS#
MDMC718430
Year Built
2005
County
Montgomery
School District
Montgomery County Public Schools

Property Description

This gorgeous retail storefront condominium CAFE is conveniently located in the Kentlands community of Gaithersburg, Maryland and provides a strong residential and daytime population (each of about 150,000+/-) for your business. On the ground floor with curbside pick up the 1334+/- SF divisible unit is being sold with one owner's secured parking space and four guest garage parking spaces assigned to the retail. This is in addition to public parking. The current U+O is for a cafe. All equipment furniture and fixtures are being sold separately. The space may be converted to office, spa, salon, and other shops. The retail unit may be separated into two (2) units with separate entrances. Venting possible. Demographically, the average household income in the trade are is over $125,000. Retail condominium owners have use of a nicely equipped two-level Fitness Center; the Community Pool; a Community Pub/Lounge space with pool table and games; and a wifi-equipped Game Room with Library. Trash, water service and master insurance are included in the condo fee. Sewer service is included on property tax bill. Great Location! Great for Users! or buy and lease - Great for Investment!

Additional Information

Building Name
The Colonnade Co
Taxes
$5462
Stories
1
School District
Montgomery County Public Schools
Heating
Central, Forced Air, Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C, Heat Pump(s)
Utilities
Cable TV Available, Electric Available, Sewer Available, Water Available
Water
Public, Community
Sewer
Public Sewer

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 Turtle Town Real Estate, LLC..