101 CHESTNUT STREET 2, GAITHERSBURG, MD 20877
MONTGOMERY County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1980
Living Area
2,678 sq ft
Parking Spaces
37
Zoning
RB
Days on Market
7
MLS® Listing#
MDMC2222104
Property Features
Appliances
Cooling
Heating
Parking
Construction
Sewer
Water Source
Schools
- District:
- MONTGOMERY COUNTY PUBLIC SCHOOLS
Financial Details
HOA
Yes
Annual Taxes
$7,399
Tax year 2026
Assessed Value
$575,700
Parcel Number
160902183914
Directions
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Affordability Calculator
$136,000
Estimated monthly payment
$3,619/mo
Principal $544,000 · Est. interest $758,928 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in GAITHERSBURG, MD
- $539,063
- Median Listing Price
- 40
- Median Days on Market
- 1,984
- Median Sq Ft
- $271
- Median Price / Sq Ft
- 221
- Active Listings
- This home’s price is 26% above the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in GAITHERSBURG, MD.
Location
Points of Interest in GAITHERSBURG, MD
Showing the GAITHERSBURG area map.
Nearby Schools
Avalon School
School · 0.2 mi away
Gaithersburg High School
Secondary · 0.6 mi away
Sandy Ridge Academy
School · 0.6 mi away
Montgomery Primary Achievement
Elementary · 0.6 mi away
Gaithersburg Elementary School
Elementary · 0.7 mi away
Gaithersburg Middle School
Secondary · 0.8 mi away
Li'l Village
School · 0.9 mi away
Summit Hall Elementary School
Elementary · 1.0 mi away
South Lake Elementary School
Elementary · 1.1 mi away
The Foundation School of Montgomery County Gaithersburg
School · 1.1 mi away
Forbush School at Oakmont Upper School
Elementary · 1.1 mi away
Hope Grows Child Development Center
School · 1.2 mi away
Harriet R. Tubman Elementary
Elementary · 1.2 mi away
Forest Oak Middle
Secondary · 1.3 mi away
Rosemont Elementary School
Elementary · 1.5 mi away
Brown Station Elementary School
Elementary · 1.5 mi away
Washington Grove Elementary
Elementary · 1.5 mi away
The Goddard School
School · 1.6 mi away
Fields Road Elementary School
Elementary · 1.6 mi away
Primrose School of Gaithersburg
School · 1.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 202 CURRY FORD LANE, GAITHERSBURG, MD | $489,000 | 3 | 4 | 1,364 |
| 1909 WINDJAMMER WAY, GAITHERSBURG, MD | $499,500 | 3 | 4 | 1,984 |
| 13 CEDAR AVENUE, GAITHERSBURG, MD | $499,999 | 4 | 2 | 1,560 |
| 8698 DELCRIS DRIVE, GAITHERSBURG, MD | $514,900 | 4 | 4 | 2,442 |
| 7700 MINERAL SPRINGS DRIVE, GAITHERSBURG, MD | $515,000 | 4 | 2 | 1,430 |
| 152 MILL GREEN AVENUE 200, GAITHERSBURG, MD | $519,000 | 3 | 3 | 2,675 |
Moving Cost Estimate
EXIT Agents in GAITHERSBURG
Listing Courtesy: Fairfax Realty Premier - 3014399500