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Listed by Charles Coello • Fairfax Realty Premier
$ 680,000
Est. payment /mo
Active
101 CHESTNUT ST #2 Gaithersburg, MD 20877
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDMC2222104
HOA Y/N Y
Year Built 1980
Annual Tax Amount $7,399
Tax Year 2026
Property Sub-Type Office
Source BRIGHT
Property Description
This well-maintained, two-level commercial townhouse condo offers 2,600+ square feet of professional office space. 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, wood floors throughout, two kitchen areas with one on each floor, and a bathroom with ceramic tiles 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. Whether you are an owner-occupant or an investor, the combination of a turnkey, income-producing asset in a tax-advantaged location makes this a straightforward case for a closer look.
Spread across two floors, the unit includes nine enclosed windowed rooms, with one classroom and a dedicated reception area, wood floors throughout, two kitchen areas with one on each floor, and a bathroom with ceramic tiles 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. Whether you are an owner-occupant or an investor, the combination of a turnkey, income-producing asset in a tax-advantaged location makes this a straightforward case for a closer look.
Location
State MD
County Montgomery
Zoning RB
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 37.0
Water Access N
Accessibility Other
Total Parking Spaces 37
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 160902183914
Ownership Condominium
Special Listing Condition Standard
Nearby Locations