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517 S Frederick AvenueGaithersburg, MD 20877Price: $4,600,000

  • Price: $4,600,000
  • 19 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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517 S Frederick Avenue Gaithersburg MD 20877
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  • 1963Year Built
  • 83Price Per Square Foot
  • 46Units
  • 2026Assessment Year
Listed by John P. Lin of CapStar Properties

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Location Information

  • UsmAreaGaithersburg

Parking

  • Parking TypesParking Lot

Basic Information

  • Date Listed06/26/2026

Location

  • Address517 S Frederick Avenue
  • Building Number517
  • CountyMontgomery
  • DirectionsTravel to I-270 in Montgomery County, Maryland. Take the exit for MD-355/Frederick Avenue toward Gaithersburg. Follow Frederick Avenue (MD-355) toward the City of Gaithersburg. Continue on South Frederick Avenue until you reach 517 S. Frederick Avenue. The property is located on the west side of Frederick Avenue, just south of the intersection with Central Avenue and across from Bohrer Park.
  • In City Limits YNYes
  • IncorporatedcitynameCity of Gaithersburg
  • StateMD
  • TownGaithersburg
  • Zip20877

Other

  • View Count1

Basic Information

  • Broker NameCapStar Properties
  • List Price$4,600,000
  • MLS NumberMDMC2242756
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot83
  • StatusACT
  • Units46

Building

  • Building Area SourceAssessor
  • Building Area Total55374
  • Construction MaterialsBrick
  • Total Garage And Parking Spaces60
  • Year Built1963

Utilities

  • CoolingOther
  • Cooling FuelElectric
  • Heat SystemHot Water, Forced Air
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Tax Information

  • Assessment Year2026
  • City Town Tax$12,891
  • City Town Tax Payment FrequencyAnnually
  • County Tax$51,115
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$5,074,200
  • Tax Year2025
  • Taxes$67,829
  • Total Taxes Payment FrequencyAnnually

Property

  • Business TypeApartment Building
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningCD

Amenities

  • Accessibility Amenities32"+ wide Doors, 36"+ wide Halls

Legal

  • Front Foot Fee Payment FrequencyAnnually
  • LandusecodeM
  • PossessionImmediate
  • Refuse Fee$1,368.96
  • Sale TypeStandard

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 15, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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