FIND ~ BUY ~ LIST ~ SELL ~ LEASE
Address
7845 Airpark Road Gaithersburg, MD
Price
$ 2,200,000
Property Attributes
  • MLS#MDMC2003584
  • TypeCommercial
  • CountyMONTGOMERY
  • CityGaithersburg
  • NeighborhoodAirpark
  • Zip20879
  • StyleWarehouse,,Manufacturing
  • Year Built1980
  • Taxes$ 4386
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6700
Listing Provided Courtesy Of:
RE/MAX Gateway, LLC
Data Source:
Bright MLS
Property Description

The Property Includes combination of 2 units # D&E at 7845 Air park Road. A unique turn-key business opportunity, with real property! Located in Montgomery County, Maryland. The total sq footage is approximately 6,700, with approximately 5,127 sq ft (Tax Record) of a first-class build out for Commercial Kitchen, Food Manufacturer, and Catering. Approximately 1,600 of the footage is second floor, executive offices, a bathroom and “tasting room”. The major build out was done in a first-class manner (at a cost of about $1.1M). It has two large hoods (8” and 13”), a large commercial walk-in refrigerator, and a separate, large walk-in freezer (has cameras inside). There is a potential of forth Kitchen with organizing the storage area. All the roughing are done (electrical, plumbing including drains and sewer line) Currently has rental income from tenants using the facility for their food operation. At 75% capacity offering a Cap rate of about 8.18%. Operated at full capacity can offer a Cap rate of about 12.27% Please contact Lister for NDA for confidential information

Price History
7/2/2021 Listed $2,200,000

General Features

Accessibility 2+ Access Exits, Other
Building Name APR CODM
Business Type Warehouse, Other, Manufacturing
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County MONTGOMERY
Days on Market 207
Exclusions Tenant's Equipment
Heating Forced Air
Historic Y/N No
Legal Subdivision APR CODM
New Construction No
Ownership Condominium
Possession Immediate
Price Per Sq Ft 328.36
Property SubType Industrial
Property Type Commercial Sale
Property Use Owner User
Sewer Public Sewer
Subdivision Name AIRPARK
Tax Annual Amount 4386.0
Tax Year 2021
Total Units 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning I4
Zoning Description I4

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Total Restrooms 3

Exterior Features

Building Area Total 6700.00
Car Parking Spaces 5
Inclusions Commercial Kitchen Equipment
Navigable Water Y/N No
Total Parking Spaces 10
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20879

Price
AVG $590K
$2.2M
Taxes
AVG $5,575
$4,386
Visits
AVG 83
79
Year Built
AVG 1991
1980
Walkscore
AVG 49
38
Data Provided by Walkscore ® not using MLS data

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