403 E Diamond Ave, Gaithersburg, MD 20877

Property Description

PRIME OLDE TOWNE GAITHERSBURG – INVESTMENT & REDEVELOPMENT OPPORTUNITY! Excellent opportunity in the heart of Historic Olde Towne! Located at 403 E Diamond Ave, this two-story residential/commercial property features 3 bedrooms, 2 bathrooms, a den, living room, and approximately 6 parking spaces. Property requires complete renovation and is sold STRICTLY AS-IS. REDEVELOPMENT POTENTIAL! According to the seller, the Historic Preservation Board determined that the building is not historically protected and that demolition is at the owner’s discretion, subject to applicable City requirements and permits. Prime location within walking distance of restaurants, shops, Olde Towne Plaza, and the MARC train station. The City has identified Olde Towne for revitalization and streetscape improvements, adding to the area’s appeal. IMPORTANT: Buyer is responsible for all due diligence and must independently verify zoning, permitted residential/commercial uses, parking, Historic Preservation Board findings, demolition requirements, and redevelopment possibilities directly with the City of Gaithersburg. All uses and improvements are subject to required approvals. Information is deemed reliable but not guaranteed. PHOTO DISCLOSURE: Photos include a mix of actual property conditions and digitally enhanced renderings showing potential improvements such as painting, new windows, and lighting. Images are presented back-to-back for comparison. Renderings are illustrative only and do not reflect current conditions. BRING YOUR VISION AND EXPLORE THE POSSIBILITIES!