$680,000
( $253.92Per Sq Foot )
 $3,650 est/mo Sourced by Back At You

101 Chestnut St #2,GAITHERSBURG, MD 20877

GAITHERSBURG, MD 20877

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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.

Details

MLS #MDMC2222104
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1980
Days On Site211
Listing Provided ByFairfax Realty Premier | Charles Coello

Features

Units1
ZoningRB

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingCentral

Exterior

Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo
Parking FeaturesPaved Parking

Taxes

Tax Annual Amount7399

Area Information

StateMD
CountyMONTGOMERY MD
CityGAITHERSBURG
Zip Code20877
AreaMONTGOMERY MD
School DistrictMONTGOMERY COUNTY PUBLIC SCHOOLS
Listing VS Median (in 20877)
Price:
$680,000
low | high
Med:
$415,000
88.970588235294% of Average
On site:
211
low | high
Med:
19.5
100% of Average
Sourced by Back At You

Market Activity 20877

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Learn More About This Property

StateMD
CountyMONTGOMERY MD
CityGAITHERSBURG
Zip Code20877
AreaMONTGOMERY MD
School DistrictMONTGOMERY COUNTY PUBLIC SCHOOLS
Listing VS Median (in 20877)
Price:
$680,000
low | high
Med:
$415,000
88.970588235294% of Average
On site:
211
low | high
Med:
19.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $510K - $850K
sqft: 0 - 0
Listing Updated: October 11, 2026 at 8:43:02 AM PDT