101 Chestnut Street # 2 Gaithersburg, MD $ 690,000
101 Chestnut Street # 2
$ 690,000
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101 Chestnut Street # 2

Gaithersburg, MD, 20877
$ 690,000
Bedrooms-- Baths-- Sq 2,678

Monthly Estimate*

$ 4,248

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View a Virtual Tour

Commercial Property for sale in Gaithersburg, MD

for $690,000. This 2,678 square foot building was built in 1980.

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.

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Commercial Pending

Price

$ 690,000

Property Type

Commercial

Taxes

$ 6,671

Style

Professional,Institutional

Year Built

1980

Town/City

Gaithersburg

County/Region

Montgomery

MLS | Web ID

MDMC2193454

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable Settlement
Zoning RB
Construction Materials Vinyl Siding
Year Built 1980
Unit Number 2
Property Subtype Office
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Municipality City of Gaithersburg
Business Type Professional Institutional
Accessibility Other
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Subdivision Name CHESTNUT COURT
Possible Use Barber/Beauty Institutional Medical/Dental Office Professional Service School Senior Assisted/Day Care Spa
Water Access Y/N N
Status PENDING
Directions GPS
City GAITHERSBURG
Number Of Units Total 1
Tax Annual Amount 6671.0
Price Per Sq Ft Total AG 257.65
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=Ri8aLYDAa6r&brand=0&mls=1&
Standard Status Pending
Year Built Source Estimated
Legal Subdivision CHESTNUT COURT CODM
Association Recreation Fee 480.00 Y
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2678.00
Waterfront Y/N N
Land Assessed Value 172700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

pm@lnf.com

Email

Affordability Calculator

$4,804
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$556
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$690,000 Listed Price

Map


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101 Chestnut Street # 2, Gaithersburg, MD, 20877 is a Commercial Property for sale at $690,000 with 2,678 sqft. 101 Chestnut Street # 2 was built in 1980. The property's zip code is 20877 which is in Gaithersburg, MD