438 N Frederick Ave - Fairview Building
2,372 - 6,180 SF Office Condo Units Offered at $475,000 - $1,236,000 Per Unit in Gaithersburg, MD 20877
INVESTMENT HIGHLIGHTS
- Modernized building with high quality finishes for the common area with extensive granite.
- Great access onto Frederick Avenue (Route 355).
- Property has climate control storage.
- Site is easily accessible to I-270.
- Property is 3 minutes from Gaithersburg Commuter Rail
EXECUTIVE SUMMARY
-Three shared conference rooms and kitchens. Brand new fitness area and micro market. Class A lobby and common areas.Located on Bus Line. State of the art fire, life safety, and alarm systems
PROPERTY FACTS
| Price | $475,000 - $1,236,000 |
| Unit Size | 2,372 - 6,180 SF |
| No. Units | 4 |
| Total Building Size | 87,612 SF |
| Property Type | Office |
| Building Class | A |
| Floors | 4 |
| Typical Floor Size | 19,275 SF |
| Year Built | 1982 |
| Lot Size | 2.40 AC |
| Parking Ratio | 3.4/1,000 SF |
| Opportunity Zone |
Yes |
4 UNITS AVAILABLE
Unit 215
| Unit Size | 2,372 SF |
| Price | $475,000 |
| Price Per SF | $200.25 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
floor plan 438 n frederick
Unit 200-B
| Unit Size | 3,936 SF |
| Price | $787,200 |
| Price Per SF | $200.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
floor plan 438 n frederick
Unit 200-A
| Unit Size | 3,809 SF |
| Price | $761,800 |
| Price Per SF | $200.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
floor plan 438 n frederick
Unit 240
| Unit Size | 6,180 SF |
| Price | $1,236,000 |
| Price Per SF | $200.00 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
floor plan 438 n frederick
Walk Score®
Very Walkable (76)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
24,524
159,043
303,715
2024 Population
24,472
158,735
298,525
Population Growth '20-'24
-0.2%
-0.2%
-1.7%
2020 Households
9,203
57,517
108,839
2024 Households
9,267
57,424
106,607
Household Growth '20-'24
0.7%
-0.2%
-2.1%
Average Age
38
38
39
Median Household Income
$64,381
$95,246
$106,087
Daytime Employees
20,690
71,029
140,679
Total Businesses
2,036
8,179
16,546
College Degree + Higher
37%
47%
51%
AMENITIES
- Bus Line
- Conferencing Facility
- Kitchen
- Natural Light
- Air Conditioning
ZONING
| Zoning Code | C-1, County (Commercial Office) |
