Property

Gaithersburg, MD 20877 101 Chestnut Street # 2

$690,000

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Presented By: Long & Foster Real Estate, Inc.
  • MLS# MDMC2193454
  • 08/01/2025
  • Request Tour
  • Request Info
  • SQFT • 2,678

Home Details

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.
Presented By: Long & Foster Real Estate, Inc.

Interior Features for 101 Chestnut Street # 2

Bathrooms

Total Restrooms2

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 101 Chestnut Street # 2

AccessibilityOther
Association Recreation Fee480.00
Association Recreation FeeY
Business TypeProfessional, Institutional
CityGAITHERSBURG
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingCentral A/C
CountyMONTGOMERY
DirectionsGPS
HeatingCentral
Legal SubdivisionCHESTNUT COURT CODM
MunicipalityCity of Gaithersburg
New ConstructionNo
Number Of Units Total1
OwnershipCondominium
PossessionNegotiable, Settlement
Possible UseBarber/Beauty, Institutional, Medical/Dental, Office, Professional Service, School, Senior Assisted/Day Care, Spa
Price Per Sq Ft Total AG257.65
Property SubtypeOffice
Property TypeCommercial Sale
Property UseOwner User
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCHESTNUT COURT
Tax Annual Amount6671.0
Tax Assessed Value526600.0
Tax Year2024
Unit Number2
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1980
Year Built SourceEstimated
ZoningRB

Exterior for 101 Chestnut Street # 2

Building Area Total2678.00
Car Parking Spaces10
Land Assessed Value172700.00
Land Use CodeCC
Navigable Water Y/NNo
Total Loading Docks
Total Parking Spaces10
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $690,000
MLS#MDMC2193454
List Date 08/01/2025
Property Type Commercial
Phone (973) 332-3022
Request Tour
Request Info
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