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101 Chestnut St
Gaithersburg, MD 20877
Chestnut Court Condominium · Property For Lease

HIGHLIGHTS

  • Beautiful Office Condo Community located next to the Historic Chestnut Meem District is a hidden gem in Montgomery County, MD.
  • Excellent location with close proximity to both 355 and I-270 near near Montgomery County Fair Grounds, restaurants, and shopping.
  • Also located in a Federally Designated HUB Zone area ideal for government contractors.
  • Renovations include new roof, gutters and repaving of the parking lot.
  • This property is located in a Tax advantaged Opportunity Zone creating an attractive long term real estate investment.

PROPERTY OVERVIEW

Beautiful Office Condominium Community located next to the Historic Chestnut Meem District. The Chestnut Condominium community just reinvested in a new roof, gutters, and repaving of the parking lot. Excellent location near Montgomery County Fair Grounds, restaurants, shopping, and very close to both 355 and I-270. This property is located in a tax-advantaged Opportunity Zone creating an attractive long term real estate investment. This property is also located in a Federally Designated HUBZone area which is an excellent opportunity for a long term tenant Government Contractor or an Owner/User Government Contractor who needs that location status. The Cap rate includes estimated tax benefits in the calculation. Great long term stable investment opportunity or an excellent Owner Occupied opportunity.

  • 24 Hour Access
  • Courtyard
  • Signage
  • Kitchen
  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Reception
  • Secure Storage
  • Drop Ceiling
  • Wi-Fi
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built
1984
Building Height
2 Stories
Building Size
11,251 SF
Building Class
B
Typical Floor Size
1,001 SF
Parking
45 Surface Parking Spaces
  • Listing ID: 18080202

  • Date on Market: 1/3/2020

  • Last Updated:

  • Address: 101 Chestnut St, Gaithersburg, MD 20877

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