Skip To Content

7845 Airpark Road

GAITHERSBURG, MD 20879
  • $2,200,000
  • STATUS: Active
  • ON SITE: 151 Days
  • ID#: MDMC2003584
UPDATED: 231 min ago
$2,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Ratings & Info

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 +G+tasting room+G-. The major build out was done in a first-class manner (at a cost of about $1.1M). It has two large hoods (8+G- and 13+G-), 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

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-29T23:49:24.853.
www.jennifermackproperties.com/homes/118920517
Print Image

7845 Airpark Road GAITHERSBURG, MD 20879

  • Price: $2,200,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 231 min ago
  • ID#: MDMC2003584
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Airpark
County:
Montgomery
School District:
Montgomery County Public Schools
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 +G+tasting room+G-. The major build out was done in a first-class manner (at a cost of about $1.1M). It has two large hoods (8+G- and 13+G-), 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
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6700.00 Cooling Central A/C Exclusions Tenant's Equipment Heating Forced Air Heating YN Yes Inclusions Commercial Kitchen Equipment Net Square Feet 6700.00

Property Features

Accessibility Features 2+ Access ExitsOther Annual Gross Expense 60000.00 Assessment Year 2021 Association YN No Business Type WarehouseOtherManufacturing Central Air YN Yes Cooling Fuel Electric Gross Income 240000.00 Heating Fuel Natural Gas Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N Net Operating Income 180000.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 800817416874 Ownership Interest Condominium Possession Immediate Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 4386.00 Tax Assessment Amount 336700.00 Total Actual Rent 240000.00 Vacation Rental YN No Water Source Public Zoning I4 Zoning Description I4

Listing courtesy of Re/Max Gateway, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-29T23:49:24.853.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_2_800817416874-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_2_800817416874-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_2_800817416874-2.jpg
Logo
Jennifer Mack Properties | Pearson Smith Realty
8315 Lee Highway Suite 430
Fairfax VA, 22031