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320 Main StGaithersburg, MD 20878Price: $944,000

  • Price: $944,000
  • 19 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $944,000List Price
  • 0.03Acreage
  • 2008Year Built

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Listed by Reza Sabaii of Capital Investment,LLC
320 Main Street is a great opportunity for an owner-user and/or investors as it offers a multitude of positioning and value creation strategies. It is also eligible for an SBA loan as two of the four units are used by the current owner and thus, it meets the 51% occupancy requirement. 320 Main Street is a 4,000 square-foot townhouse-style mixed-use building. The basement, first floor, and second floor are zoned commercial and the top floor is a residential one bedroom apartment. The property sits on a 1,112 square-foot (0.026 AC) of lot with 2 designated surface parking spaces in the back of the building. The subject property also enjoys additional street parking in front of the building as well as the ability to park in the lot in the back. 320 Main Street has four floors with each floor slightly above 1,000 sqft. The basement level is currently being occupied by the owners and is utilized as a storage unit. The first floor is leased to long term tenant, ST Nails. The second floor is an open style office that is currently used by the owners. The top floor is currently leased to a resident. 320 Main Street offers owner users and investors a multitude of positioning and value creation strategies.

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