Farm for sale in Damascus

A 67-acre farm has hit the market for sale in Damascus. 25804 Bowman Acres Lane backs up to a forest buffer of Great Seneca Stream Valley Park. Offered "as is, where is, with all faults," the property is currently improved with a modern primary home built in 2005, but which needs work. There are also the original farmhouse, which needs restoration, and a split-level ranch home constructed in 1994. A pond and several outbuildings complete the portfolio.

The owner has stipulated that only pre-qualified buyers will be permitted to tour the property, so this is a serious-buyers-only situation. Located in the Montgomery County Agricultural Reserve, the property can be subdivided into 11 lots, 8 of which already have approved percs from the County. That means that the owner has already gone through the rigorous and expensive process of testing the soil to determine that at least 8 homes could be built without contaminating the groundwater, and that the soil already has adequate drainage to support that development. The asking price for the farm is $4,000,000, according to the online sale listing.

Empress Coffee & Cocktails for sale in Gaithersburg

Empress Coffee & Cocktails is being marketed as available for sale at 325 Main Street in the Kentlands area of Gaithersburg. The asking price is $250,000. Empress has a lease that expires on April 3, 2034, at a rent of $6200 a month, according to the online sale listing. That listing states that the reason the coffee shop is on the market is that the owner is moving. Empress remains fully open for business at this time.

Lil' Cakes & Creamery for sale in Gaithersburg

Lil' Cakes & Creamery at 488 N. Frederick Avenue at Gaithersburg Square is being offered for sale. The asking price is $300,000, according to the online sale listing. That includes $30,000 worth of equipment, but does not include inventory. The business is a franchised dessert shop featuring baked goods and ice cream. It opened here in 2019.

Beazer Homes One Central condos now for sale in Gaithersburg

Brand-new condominiums are now available for purchase at One Central, a new development at MD 355 and Central Avenue in Gaithersburg. Up until recently, this was a verdant green space you would see from 355 alongside a single-family home that fronted onto Central Avenue. Beazer Homes has begun converting the property into a development of two-over-two condos that are constructed to resemble townhomes from the exterior. The 3-bedroom units are priced from $574,990 and $664,990. 

Beazer is marketing the homes as low-maintenance. You would be joining an HOA that provides landscaping, mowing and mulching services for the homesite your unit is located on; open-space landscaping of common-area open space; snow removal; trash pickup; and "water usage." Units have private garages with EV charger-ready electrical outlets. The development features forested areas, sidewalks, a playground park, and a dog park named Barkwood Park. One Central is only one superblock north of the Walnut Hill Shopping Center, which is anchored by an Aldi grocery store, and will soon have a Sheetz convenience store and mega gas station.

Brookes Manor apartment complex for sale in Gaithersburg

Brookes Manor, a low-rise apartment complex at 206 Brookes Avenue in Gaithersburg, is being marketed for sale. The 30-unit property is located in the City of Gaithersburg, which means it is exempt from the Montgomery County rent control law. A management firm is already in place, allowing more of a hands-off ownership style for the prospective buyer. The asking price is not given in the online listing, and you must sign a confidentiality agreement to view certain documents related to the property.

Prime commercial properties for sale in Damascus

Two adjacent commercial properties in a high-visibility location are now available for sale in Damascus. 26323 and 26315-26317 Ridge Road (MD 27) are located near the intersection with Main Street in the downtown business district. There is a high volume of traffic passing daily from Montgomery County through Damascus, Mount Airy and Westminster, and even a fairly high number of semi-trucks from Pennsylvania. A drive-thru fast food restaurant could do quite well here. The asking price is only $800,000 for the whole thing, and we can say "only" because of the obscene price of real estate in Montgomery County these days. Land in a high-traffic spot in MoCo for just $800,000? A steal!

Gaithersburg shopping center for sale

Want to own a shopping center in Gaithersburg? Quince Orchard Marketplace at 12215 Darnestown Road is on the market for sale. Comprised of five individual properties, the shopping center is anchored by a Safeway grocery store. Other tenants include CVS Pharmacy, a Sunoco gas station, a Capital One bank branch, and California Tortilla. Beyond the revenue generating possibilities, of course, is the redevelopment potential of the site. The online sale listing does not include the asking price. 

Patient First building for sale in Germantown

You could become Patient First's landlord if you have $5.5 million burning a hole in your pocket. The building containing the urgent care clinic chain's Milestone Shopping Center location at 21044 Frederick Road in Germantown is now for sale. Built in 1997, the pad site structure was renovated for Patient First in 2019. The asking price for the property is $5,523,810, according to the online sale listing, which is significantly above the assessed value of $2,874,200. It's not clear from the listing if any of the value of the property is derived from potential redevelopment rights.

SafeSplash Swim School for sale in Montgomery Village

SafeSplash Swim School at 19312 Montgomery Village Avenue is being marketed for sale. The swimming instructional center has been open for less than a year at the Montgomery Village Center. Why the franchisee is selling at this early stage is not disclosed, but the school remains fully operational. The asking price for the business is $975,000, according to the online sale listing.

Margarita Bar & Grill property for sale in Germantown

You could become Margarita Bar & Grill's landlord, if you purchase the 1.026-acre property the popular Mexican restaurant is situated on in Germantown. The lot at 19201 Frederick Road (MD 355) includes the 3000-square-foot restaurant building and a 70-space parking lot, along with high visibility on one of Maryland's busiest commuter routes. Constructed in 1940, the building was previously home to Captain Mori's and the Fraternal Order of Eagles, until Margarita Bar & Grill moved in almost two years ago. The asking price for the property is $6,500,000, according to the online listing.

Elias Taqueria for sale in Montgomery Village

Elias Taqueria has been open at 9315 Stewartown Road in Montgomery Village for about 10 months. The open-air Mexican restaurant is now available for sale. Presented as a turnkey operation, the business will convey with all kitchen equipment and furniture. The covered patio next to the food truck has operated year-round with heaters. Elias Taqueria has earned a 5-star rating on Yelp, and a 4.6-star score on Google Reviews, but the owner now wishes to focus on other business ventures. The asking price for Elias Taqueria is $75,000, according to the online sale listing.

Former Greene Turtle building for sale in Germantown

The former Greene Turtle building at 19961 Century Boulevard in Germantown is for sale. D1 Seafood Buffet was the most recent tenant. The building is being marketed as a turnkey restaurant opportunity, but the new owner could simply function as the landlord, and lease it out to a restaurateur. There is excellent transit access at this location, as it is right by the Germantown Transit Center and its bus stops. The asking price is $3.5 million, according to the online listing.

You could be 7-Eleven's landlord in Germantown

If you have $4 million burning a hole in your pocket, you could take a Big Bite out of Germantown real estate. The land underneath the 7-Eleven convenience store and gas station at 12861 Clopper Road has hit the market for sale. You would become the landlord for 7-Eleven under this triple net lease (NNN) arrangement. The online sale listing offers some interesting facts about this 7-Eleven, such as its status in the 91st-percentile of customer traffic for the brand among all 7-Eleven stores in the United States, that 321,000 customers have patronized this 7-Eleven in the last 12 months, and that the store has about 5.5 years left on its current lease.

Historic Clarksburg buildings for sale

Two historic buildings in Clarksburg are now on the market for sale. The former Webb's Store, built in 1897 at 26506 Clarksburg Road, and the home the store's founder built next door in 1899, can be yours for a combined price of $549,000. Both are being sold as-is, and need significant work. Because neither is on the National Register of Historic Places, the online listing suggests that redevelopment of the site is possible, but advises potential buyers to do their research to confirm this.

Clarksburg apartment building for sale

An apartment building constructed only four years ago in Clarksburg is already on the market. Axiom at Cabin Branch, a stack-and-pack style mid-rise development, has 272 units. It has luxury amenities and is in a prime location adjacent to the Clarksburg Premium Outlets mall, as well as I-270. The asking price for the property is not provided in the online listing, which is being handled by Berkadia.

Gaithersburg structure built in 1899 marketed as redevelopment opportunity

403 E. Diamond Avenue in Olde Towne Gaithersburg is a retail property built in 1899 that resembles a house. At first glance, it appears to be a historic preservation opportunity. But it turns out that the structure has been deemed not historic, and has approvals for demolition from both the City of Gaithersburg and CSX. 

The property, which includes room for up to 20 parking spaces, is being marketed as a teardown redevelopment opportunity in a prime location near the historic train station and MARC commuter rail. KW Commercial has listed the property with an asking price of $820,000. Prospective buyers are warned not to enter the building. "Entry is at your own risk due to safety concerns," the listing advises. It appears that a previous plan to redevelop the site by Finecraft Contractors has fallen through, creating a opportunity for someone else.

Perrywood Apartments for sale in Damascus

The Perrywood Apartments are now available for sale at 26040-26050 Woodfield Road in Damascus. Built in 1958 and renovated in 2021, the complex is "fully-occupied by voucher tenants." The asking price for the Perrywood complex is $2,266,300. According to the online listing, the reason for the sale is "foreclosure" and this is a "distress sale."

Hyattstown United Methodist Church property for sale

The Hyattstown United Methodist Church property at 26121 Frederick Road (MD 355) is available for sale. Asking price is fairly reasonable at $799,000. Offered "as-is," the property would deliver to you a modest-sized church with a sanctuary and hall, a former parsonage (equivalent to a rectory or pastor's home), modular classrooms, and a cemetery. The latter requires the buyer to keep the graveyard's grass mowed, allow access during set hours for visitors to gravesites, and allow any remaining scheduled burials to take place. 

While the church is in good condition, the parsonage reportedly needs quite a bit of work. Broker information suggests that there is potential for public sewer hookup beyond whatever water-sewer infrastructure exists on the property now. It looks like an excellent opportunity for a faith community seeking a home right near an I-270 off-ramp. Apparently, this UMC held its last services here almost a year ago.

Parsonage

Land behind Burger King for sale in Germantown

Have it your way behind Burger King in Germantown. A 2.03 acre site, partially-developed with several commercial buildings, is now on the market for sale. The entire property, squeezed between Burger King and a residential street, could be redeveloped as commercial (grandfathered) or as an R-200-zoned residential site. According to the online listing, the asking price is $2.1 million.

The heart of Olde Towne Gaithersburg is up for sale

The potential sale of a sprawling set of classic retail properties in the heart of Olde Towne Gaithersburg could have a transformative impact on one of the few remaining historic downtown cores in Montgomery County. Five contiguous retail properties with frontage along E. Diamond Avenue and N. Summit Avenue are now on the market. Of course, any sense of continuity of character in Gaithersburg went out the window some time ago, with the development of the soulless, cheap-looking, stack-and-pack Gaithersburg Station apartments further down at 370 E. Diamond. It's a travesty. Will the heart of Olde Towne now meet the same fate?

What's up for sale? 206-208 E. Diamond Avenue, 210-216 E. Diamond Avenue, 220 E. Diamond Avenue and 226 E. Diamond Avenue. It's a total of 32,819-square-feet of land on 1.65 acres. Current zoning allows a maximum building height of four stories on this site. The sale listing notes that the City of Gaithersburg is likely to demand first floor retail in any redevelopment. Parking waivers will be available due to nearby public parking. The listing says there are no historical preservation requirements, another travesty.

This will be a "historic" redevelopment opportunity in a historic downtown. Is there a developer who can do this responsibly, and maintain the Olde Towne character on a site visible from the historic B&O Railroad train station? A site that is one of the first things seen upon entering the heart of Olde Towne on Summit Avenue? I'll concede that the site is certainly easy walking distance to MARC commuter rail, but haven't we learned anything from the wholesale destruction of the historic downtowns of Rockville and Bethesda in the past? This is a saga worth watching closely.

Photos courtesy Transwestern/LoopNet