337 Main St, Gaithersburg, MD 20878

$1,199,000

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List Price
$1,199,000
Price Change
▼ $26,000 1783996141
Status
ACTIVE
MLS#
MDMC2227638
Lot Size (Acres)
0.05
Year Built
2002
County
Montgomery
School District
Montgomery County Public Schools

Property Description

Own Where You Live — And Let the Building Pay for Itself. Imagine living in a beautifully appointed luxury residence while your tenant downstairs helps cover your mortgage. That is exactly the opportunity this rare mixed-use building in the heart of Kentlands Midtown delivers. Located in the vibrant core of Kentlands' retail and dining district, this exceptional commercial building offers the ultimate lifestyle investment — live up top in a stunning Mitchell & Best home while generating immediate rental income from the established retail tenant below. The Income: The first-level retail space is currently home to Drapery Designs, a well-established, long-standing tenant known for maintaining a clean and professional showroom — and they will remain in place after settlement, providing immediate, day-one rental income. The Residence: Above, a beautifully appointed two-level Mitchell & Best home offers 3 bedrooms, 2.5 baths, and over 2,500 square feet of thoughtfully designed living space. The open floor plan blends comfort and style seamlessly, highlighted by a spacious gourmet kitchen with island, formal living and dining areas filled with natural light, and an inviting family room with a cozy gas fireplace. A one-car attached garage and private rear entrance add everyday convenience. The Location: Steps from Whole Foods, Starbucks, boutique shopping, and some of the area's best dining — this is Kentlands living at its most coveted address. The Numbers: Total building approximately 4,519 square feet of mixed-use space. Whether you are an investor seeking consistent revenue potential or an owner-occupant ready to let your building work for you — this is a rare opportunity that simply does not come available often in one of the DC metro's most desirable mixed-use communities.

Additional Information

Subdivision
Kentlands Hill District
School District
Montgomery County Public Schools
High School
Quince Orchard
Flooring
Carpet, Tile, Simulated Wood
View
City
Heating
Forced Air
Cooling
Central Air
Roof
Shingle
Utilities
Cable Available, Multiple Phone Lines
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of TTR Sotheby's International Realty. Contact: