Spicer Real Estate
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$690,840
Active Active
MD,Gaithersburg

Location 403 DIAMOND AVENUE, Gaithersburg, MD 20877

  • Sqft 2,652 Sqft SQFT
  • Bed 3
  • Bath 2
Basic Details Basic Details
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 req...

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 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!

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Basic Details
  • Property Type: Residential
  • Listing Type: Active
  • Listing ID: MDMC2261366
  • Price: $690,840
  • Bedrooms: 3
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Sqft: 2,652 Sqft
  • Year Built: 1899
  • Lot Area: 0.25 Acre
  • Location: US, MD, MONTGOMERY-MD, Gaithersburg, DEER PARK, 20877
  • Structure Type: Detached
  • Heating System: Other
  • Cooling System: Other
  • Parking: Asphalt Driveway
  • Full Bathrooms: 1
  • Listing Status: Active
Features & Appliances
Features
  • Architectural Style: Colonial
  • Exterior Features: Other
  • Sewer: Public Septic, Public Sewer
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Address Map Address Map
MLS Addon MLS Addon
  • Office Name: Sell Your Home Services
  • Agent Name: Daniel J. Demers
Additional Information Additional Information
  • Water Source: Public
  • Accessibility Features: None
  • Construction Materials: Other
  • Foundation Details: Other
  • Levels: 2
  • On Market Date: 2026-10-23
Financial Financial
  • Tax Annual Amount: 9409.0
Listing Information Listing Information
  • Originating System Name: Bright
  • List Agent Mls Id: 3233358
  • List Office Mls Id: SELLYHS
  • MLS Status: ACTIVE-BRIGHT
  • Modification Timestamp: 2026-11-08T04:43:29Z
  • Status Change Timestamp: 2026-11-08T04:41:20Z
Rob Spicer Broker, GRI Rob Spicer Broker, GRI Spicer Real Estate

7201 Wisconsin Avenue

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