101 Chestnut St - Medical CONDO FOR SALE


Gaithersburg, MD 20877
$690,000 USD
301-650-4400
101 Chestnut St, Gaithersburg, MD for Sale
$690,000 USD
Medical CONDO - FOR SALE
1/99
null | Request Cap Rate

Sep '25


101 Chestnut St
Gaithersburg, MD 20877


HIGHLIGHTS

  • Prime Location & Accessibility
  • Versatile Commercial Space
  • Smart Investment in Opportunity Zone

OVERVIEW

Prime Commercial Townhouse in an Opportunity Zone Discover a fantastic opportunity to own a meticulously maintained, two-level commercial condo townhouse in a prime Gaithersburg location. This impressive 2,600+ square foot unit, currently operating as a counseling and therapeutic center, is perfect for a variety of professional services. The unit features a private main-level entrance, two bathrooms (one on each floor), and an abundance of versatile office space. A large, open parking lot provides ample parking for clients and staff, and the building is in excellent condition, ready for immediate use. Located near the Montgomery County Fairgrounds, this property offers incredible convenience. Enjoy easy access to numerous restaurants and shopping centers, with major commuter routes like I-270 and Route 355 just minutes away. A Smart Investment Opportunity. This property is situated in a Tax-advantaged Opportunity Zone, making it an exceptionally attractive long-term real estate investment. Take advantage of significant tax benefits while securing a valuable asset in a thriving area. Don't miss this chance to acquire a versatile property with strong investment potential! Contact us today to schedule your private showing.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Chestnut Court Condominium

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

11,251 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,626 SF

ZONING

RB, County

APN/PARCEL ID

09-02183891,09-02183960

ASK ABOUT THIS PROPERTY

Paul MarstonLong & Foster Real Estate, Inc.More Info
301-650-4400

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Paul MarstonLong & Foster Real Estate, Inc.More Info
301-650-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.