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ATC Building 17735 Georgia Ave 26,764 SF 100% Leased Office Building Olney, MD 20832 For Sale
INVESTMENT HIGHLIGHTS
- Prominent location on Georgia Avenue near Sandy Spring Road
- Flexible CRT zoning for diverse professional uses
- Surrounded by retail, dining, and affluent residential communities
- Fully renovated in 2018 with modern finishes
- 50± dedicated parking spaces on a 1.54-acre site
EXECUTIVE SUMMARY
Positioned prominently along Georgia Avenue near Sandy Spring Road, this four-story office building offers a rare opportunity to acquire a fully modernized asset in the heart of Olney, Maryland. Originally constructed in 1972 and comprehensively renovated in 2018, the property blends timeless architecture with contemporary functionality, making it an ideal choice for owner-users or investors seeking a strategic foothold in Montgomery County.
The building spans 26,764 square feet across three upper floors and a fully built-out lower level, featuring 34 private offices, 10 conference rooms, and 60 workstations. With 50± dedicated parking spaces and CRT zoning, the site provides flexibility for a range of professional uses. Existing furniture can be included, streamlining occupancy for immediate operations.
Located on a 1.54-acre parcel, the property benefits from exceptional visibility and easy access to major thoroughfares, including Georgia Avenue and nearby interchanges. Surrounding amenities include abundant retail and dining options, reinforcing the location’s appeal for businesses and clients alike. Demographics within a 5-mile radius boast an average household income exceeding $146,000, underscoring the area’s strong economic profile.
This offering represents a compelling blend of location, quality, and adaptability—ideal for organizations seeking a headquarters presence or investors targeting a high-demand suburban market.
The building spans 26,764 square feet across three upper floors and a fully built-out lower level, featuring 34 private offices, 10 conference rooms, and 60 workstations. With 50± dedicated parking spaces and CRT zoning, the site provides flexibility for a range of professional uses. Existing furniture can be included, streamlining occupancy for immediate operations.
Located on a 1.54-acre parcel, the property benefits from exceptional visibility and easy access to major thoroughfares, including Georgia Avenue and nearby interchanges. Surrounding amenities include abundant retail and dining options, reinforcing the location’s appeal for businesses and clients alike. Demographics within a 5-mile radius boast an average household income exceeding $146,000, underscoring the area’s strong economic profile.
This offering represents a compelling blend of location, quality, and adaptability—ideal for organizations seeking a headquarters presence or investors targeting a high-demand suburban market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
26,764 SF
Building Class
C
Year Built/Renovated
1972/1997
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,691 SF
Building FAR
0.40
Lot Size
1.54 AC
Zoning
CRT
Parking
50 Spaces (1.87 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 08-01481560 | Improvements Assessment | $3,468,300 |
| Land Assessment | $2,007,400 | Total Assessment | $5,475,700 |
PROPERTY TAXES
Parcel Number
08-01481560
Land Assessment
$2,007,400
Improvements Assessment
$3,468,300
Total Assessment
$5,475,700
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ATC Building | 17735 Georgia Ave
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