403 E DIAMOND AVENUEGAITHERSBURG, MD 20877




PRIME OLDE TOWNE GAITHERSBURG – INVESTMENT & REDEVELOPMENT OPPORTUNITY! Excellent opportunity in the heart of Historic Olde Towne! Located at 403 E Diamond Ave, this two-story residential/commercial property features 3 bedrooms, 2 bathrooms, a den, living room, and approximately 6 parking spaces. Property requires complete renovation and is sold STRICTLY AS-IS. REDEVELOPMENT POTENTIAL! According to the seller, the Historic Preservation Board determined that the building is not historically protected and that demolition is at the owner’s discretion, subject to applicable City requirements and permits. Prime location within walking distance of restaurants, shops, Olde Towne Plaza, and the MARC train station. The City has identified Olde Towne for revitalization and streetscape improvements, adding to the area’s appeal. IMPORTANT: Buyer is responsible for all due diligence and must independently verify zoning, permitted residential/commercial uses, parking, Historic Preservation Board findings, demolition requirements, and redevelopment possibilities directly with the City of Gaithersburg. All uses and improvements are subject to required approvals. Information is deemed reliable but not guaranteed. PHOTO DISCLOSURE: Photos include a mix of actual property conditions and digitally enhanced renderings showing potential improvements such as painting, new windows, and lighting. Images are presented back-to-back for comparison. Renderings are illustrative only and do not reflect current conditions. BRING YOUR VISION AND EXPLORE THE POSSIBILITIES!
| 2 days ago | Listing updated with changes from the MLS | |
| 2 days ago | Listing first seen on site |
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The real estate listing information is provided by Bright MLS for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this website comes from the Internet Data Exchange (IDX) program of Bright MLS. This website references real estate listings held by brokerage firms other than the broker and/or agent who owns this website.
The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2026 Bright MLS, Inc. All rights reserved.
Listings marked "Listing courtesy of" are held by the brokerage named. The Wilson Home Team of Samson Properties. Samson Properties, 7067 Columbia Gateway Dr, Suite 280, Columbia, MD 21046, 443-542-2251. Equal Housing Opportunity.