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101 Chestnut St - Chestnut Court Condominium 2,678 SF Office/Retail Condo Unit Offered at $690,000 in Gaithersburg, MD 20877

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS Under Contract

Total Building Size 11,251 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 1,001 SF
Year Built 1984
Lot Size 0.13 AC
Parking Ratio 4.09/1,000 SF
Opportunity Zone Yes
Zoning RB, County - Residential Buffer

AMENITIES

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

1 UNIT AVAILABLE

Unit 2

Unit Size 2,678 SF
Price $690,000
Price Per SF $257.65
Condo Use Office/Retail
Sale Type Owner User
Sale Status Under Contract
DESCRIPTION

2 floors, each at 1339 sf.

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Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

MAJOR TENANT INFORMATION Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
GAS Teachings LLC - Jan 0000
  • Listing ID: 37223786

  • Date on Market: 8/11/2025

  • Last Updated:

  • Address: 101 Chestnut St, Gaithersburg, MD 20877

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