305 N Frederick Avenue, Gaithersburg, MD 20877

$550,000

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Sold Price
$550,000
List Price
$550,000
Closing Date
Oct 07, 2025
Days on Market
197
Status
CLOSED
MLS#
MDMC2167822
Lot Size (Acres)
0.27
County
Montgomery
School District
Montgomery County Public Schools

Property Description

Excellent and rare opportunity to own a lot in the heart of Gaithersburg's commercial development area. This unique property is located on Frederick Avenue offering excellent visibility and high traffic counts giving the new owner extensive opportunities for free advertising and instant branding. Surrounded by long-established businesses, this property is well-positioned for the fortunate buyer. The lot is almost a third of an acre and according to the City of Gaithersburg already approved for development into Retail, Office, or Storage but can also be amended for other usages. Potential buyers should confirm with the City of Gaithersburg that their particular use is allowed and will work with the current setbacks. It is the sole responsibility of the buyer to determine if their desired use will be acceptable to all governing authorities and the seller makes no representations as to the viability of any particular use. All future development of this lot is subject to the approval of the appropriate City, County, and State Governments. Please feel free to drive by and walk the property at any time. Call Listing agent with any questions. We welcome all Buyer Agents and recognize the valuable role they play in the sales process.

Additional Information

Subdivision
Realty Park
Taxes
$5899
School District
Montgomery County Public Schools
High School
Gaithersburg
View
Street, Trees/Woods
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

Selling Office: .