101 Chestnut St - Medical CONDO FOR SALE


Gaithersburg, MD 20877
$680,000 USD
240-478-8739
101 Chestnut St, Gaithersburg, MD for Sale
$680,000 USD
Medical CONDO - FOR SALE
1/20
null | Request Cap Rate

101 Chestnut St
Gaithersburg, MD 20877


OVERVIEW

Currently home to an active counseling and therapeutic practice, the floor plan adapts readily to a broad range of professional services. The layout functions well as-is for a multi-practitioner practice and is ready for immediate occupancy. Spread across two floors, the unit includes nine enclosed, windowed rooms, with one classroom and a dedicated reception area, two kitchen areas with one on each floor, and a bathroom on each level. An ample surface parking serves both staff and clients with ease. The property is conveniently located near the Montgomery County Fairgrounds, NIST, and Gaithersburg Towne Plaza, with straightforward access to Route 355 and I-270. The property is situated within a federally designated Opportunity Zone, which offers investors meaningful capital gains tax advantages on a long-term hold.

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or 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

39

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

Charles CoelloFairfax Realty SelectMore Info
240-478-8739

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

Charles CoelloFairfax Realty SelectMore Info
240-478-8739

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