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$1,195,000 Just Listed

  • For Sale
  • Active
  • Commercial Service
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Rare opportunity in the heart of Kentlands! This unique four unit mixed use building offers exceptional potential for passive income in one of Montgomery County's most desirable and walkable communities. Featuring steady long term tenants in the retail spaces and second floor apartment, this property provides immediate income with tremendous upside. Recent high end renovations to the apartment and basement showcase quality finishes and thoughtful design. Live in the top floor residence while enjoying income from the other units, or add this exceptional asset to your investment portfolio. Just steps from Whole Foods, shops, restaurants, and all that Kentlands has to offer, this is truly a rare offering that combines lifestyle and investment potential.

Full Property Details for 316 Main St

General

  • Price: $1,195,000
  • Taxes: $12,807 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDMC2242098
  • Updated: 7/7/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Professional

Interior

  • Flooring: Carpet, Ceramic Tile, Laminate Plank

Parking

  • Parking Type: On Street

Location

  • Municipality: City of Gaithersburg
  • County: MONTGOMERY
  • Subdivision: KENTLANDS
  • Driving Directions: USE GPS
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Central, Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Multiple Phone Lines, Natural Gas Available

Structural Information

  • Builder: Parkwood
  • Construction: Brick Front
  • Roof: Asphalt
  • Building Size: 4000
  • Year Built: 2001
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Lot Features

  • Property View: Street
  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,112
  • Lot Size Source: Assessor
  • Zoning: MXD

Financial Considerations

  • Price Per Sq. Ft.: $298.75
  • Assessment Year: 2026
  • City/TownTax: $2,434
  • City/TownTax Freq: Annually
  • County Tax: $9,654
  • County Tax Freq: Annually
  • Tax w/Assessment: $957,300
  • Tax Amount: $12,807
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 18

Listed by TTR Sotheby's International Realty, Elaine S. Koch

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Listing agent

— 316 Main St —

  • Elaine S. Koch

    TTR Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 316 Main St

School District:Montgomery County Public Schools, Gaithersburg, MD
NameGradesDistance
Rachel Carson Elementary School
100 Tschiffely Square Road, Gaithersburg, MD 20878
PK-50.6 mi
Lakelands Park Middle School
1200 Main Street, Gaithersburg, MD 20878
6-80.5 mi
Quince Orchard High School
15800 Quince Orchard Road, Gaithersburg, MD 20878
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$1,195,000
23.83%
MLS
4/09/2021
Sold
$965,000
—
Public Record
Get Price Alerts and Save Property
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 for 316 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,807
5%
$929,300
3%
2024
$12,173
9%
$901,300
3%
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
—
View All
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 for 316 Main St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by TTR Sotheby's International Realty, Elaine S. Koch

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316 Main Street, Gaithersburg, MD 20878 (MLS# MDMC2242098) is a Commercial Service property. 316 Main Street is currently listed for $1,195,000 and was received on July 07, 2026. Want to learn more about 316 Main Street? Do you have questions about finding other Commercial Service real estate for sale in Gaithersburg? You can browse all Gaithersburg real estate or contact a Coldwell Banker agent to request more information.

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