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316 Main Street, Gaithersburg, MD 20878
$89,000
316 Main Street, Gaithersburg, MD 20878View this property at 316 Main Street, Gaithersburg, MD 20878
316 Main StreetGaithersburgMD20878
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Property Description
DO NOT DISTURB BUSINESS - ALL INQUIRIES/SHOWINGS MUST GO THROUGH THE LISTING AGENT. Welcome to a prime opportunity in the heart of Kentlands, Gaithersburg! This thriving hair salon business is available for purchase at an attractive price of $89,000. This business offers a unique chance to step into a turnkey operation with a very tenant-friendly lease and remarkably low lease payments, ensuring a solid foundation for profitability. BONUS: The property is currently cash flowing, thanks to a team of talented stylists who are committed to staying on. The location couldn't be more desirable-Kentlands is renowned for its vibrant community and affluent clientele, making it an ideal spot for a salon business. This business is a stape in the community and has been at this location for over ten years. This established client base and dedicated staff ensure a seamless transition for any new owner looking to step into this dynamic industry. With a steady stream of repeat customers and walk-ins, this salon represents a lucrative investment opportunity in a sought-after location. Furthermore, Gaithersburg boasts a robust economy and a growing population, providing a steady flow of potential clients. The Kentlands area specifically offers a mix of residential and commercial spaces, ensuring a constant influx of foot traffic. This salon's favorable lease terms, coupled with its existing client base and prime location, make it a compelling investment for anyone seeking to enter or expand within the beauty and wellness industry. Don't miss out on this chance to own a profitable business in one of Gaithersburg's most coveted neighborhoods! Schedule a viewing today to explore this fantastic opportunity firsthand.
Full Property Details
Full Property Details for 316 Main St
General
- Price: $89,000
- Taxes: (2023)
- Status: Active
- Type: Commercial
- MLS ID: MDMC2128372
- Updated: 4/19/2024
- Added to Site: 13 day(s) ago
Business
- Business Type: Hair Salon and Spa
Parking
- Total Spaces: 2
- Parking Type: Parking Lot, On Street
Location
- County: Montgomery
- Driving Directions: Directly across from the Pavillion.
School Information
- School District: Montgomery County Public Schools
Heating & Cooling
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Current Bldg. Use: Barber/Beauty, Spa
- Year Built: 2001
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Zoning: MIXED USE
Financial Considerations
- Price Per Sq. Ft.: $22.25
- Tax w/Assessment: $89,000
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Leasehold
Listed by Samson Properties, Saman Saba
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Schools
Schools serving 316 Main St
School District:Montgomery County Public Schools, Gaithersburg, MD
Rating | Name | Grades | Distance |
---|---|---|---|
100 Tschiffely Square Rd, Gaithersburg, MD 20878 | PK-5 | 0.6 mi | |
1200 Main St, Gaithersburg, MD 20878 | 6-8 | 0.5 mi | |
15800 Quince Orchard Rd, Gaithersburg, MD 20878 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 316 Main St
Date
Details
Price
Change
Source
4/17/2024
Listed
$89,000
-90.78%
MLS
4/09/2021
Sold
$965,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 316 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,156
4%
$873,300
3%
2022
$10,692
3%
$848,867
3%
2018
$10,352
-5%
$824,433
4%
2020
$10,842
-2%
$796,167
-2%
2019
$11,111
2%
$813,367
3%
2018
$10,927
-2%
$788,500
—
2017
$11,110
3%
$788,500
—
2016
$10,786
-6%
$788,500
-6%
2015
$11,530
-1%
$840,000
—
2014
$11,682
—
$840,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 316 Main St
316 Main Street, Gaithersburg, MD 20878 (MLS# MDMC2128372) is a Commercial property. 316 Main Street is currently listed for $89,000 and was received on April 17, 2024. Want to learn more about 316 Main Street? Do you have questions about finding other Commercial real estate for sale in Gaithersburg? You can browse all Gaithersburg real estate or contact a Coldwell Banker agent to request more information.