Chevy Chase, MD Commercial Real Estate for Sale

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Updated: Apr 23

Two-Unit Office/Retail Suite

4601 N PARK Avenue, Chevy Chase, MD 20815

$649,900

1,248 sqft

Combined 1,248 SF suitable for office and/or retail use.
Includes two dedicated garage spaces (taxed separately).
Features a reception area with built‑in desk and counter.
Contains 6‑7 private offices.
Equipped with a kitchenette/breakroom and 2.5 bathrooms.

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This listing looks promising.

Here's a quick look at some key insights for

4601 N PARK Avenue, CHEVY CHASE, MD 20815

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$29K
Annual
Price @ 7% Cap

$410K
Suggested
Last Sold

Dec 2021
$252K
Property Type

Residential Parking Garage
Built 1975

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Updated: Dec 24, 2025

Office and Retail Units for Sale

4601 N Park Avenue, Unit 11C & 12C, Chevy Chase, MD 20815

$649,900

1,248 sqft

Two separate office/retail units sold together with a combined 1,248 SF interior
Interior layout includes glass door entry, reception area, kitchenette/breakroom, and multiple private offices (6–7)
Features 2.5 bathrooms plus recessed lighting and fluorescent lighting
Built‑ins include built‑in desk and counter, shelving, bookcases, and file cabinets
Carpet flooring throughout the combined interior space

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Office/Retail Units with Garage Parking

4601 North Park Avenue, Chevy Chase, MD 20815

Contact for pricing

1,248 sqft

Combined office and retail units with dedicated garage parking.

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Chevy Chase Specialty Property

3910 UNDERWOOD St, Chevy Chase, MD 20815

$5,200,000

0.25 AC lot

Specialty property available for sale in Chevy Chase, Maryland.

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Chevy Chase Specialty Property

8603 ERDEM, Chevy Chase, MD 20815

$1,625,000

0.05 AC lot

Specialty property available for sale in Chevy Chase.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Chevy Chase, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Retail

4839 Wisconsin NW Ave, Washington, DC 20016

$1,475,000

3,750 sqft 0.06 AC lot

Two-story mixed-use building with ground-floor retail and second-floor dental office space on-site parking.

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Office Sublease with 5 Windowed Offices

4800 Montgomery Lane, Bethesda, MD 20814

Contact for pricing

3,201 sqft

Plug-and-play sublease with abundant natural light, open floor plan, and a 5-office layout through November 30, 2026.

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Furnished Office Condo Near Metro

5410 Connecticut Ave Nw #108, Washington, DC 20015

$165,000

509 sqft

Furnished 509 SF office condo near Friendship Heights Metro.

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Move-In-Ready Second-Floor Office

4300 Montgomery Ave, Bethesda, MD 20814

Contact for pricing

1,175 sqft

Second-floor office suite offers four private offices, an open workstation area, and newly renovated move-in-ready condition.

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Off-Market Properties in Chevy Chase, MD

Consider similar Off-Market properties in Chevy Chase, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3622

Unit 591P

$350,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3616

Unit 613P

$380,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

Unit 492P

$260,000

Estimated value

136 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3622

Unit 76P

$715,000

Estimated value

136 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4601 Park Avep-251, Chevy Chase, MD 20815-4519

$495,000

Estimated value

429 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3616

Unit 616P

$380,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4620 Park Ave1-7, Chevy Chase, MD 20815-4549

$480,000

Estimated value

185 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

Unit 576P

$390,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3622

Unit 257P

$265,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4620 Park Ave2-119, Chevy Chase, MD 20815-4549

Value Estimation by Request

182 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4601 Park Avep511, Chevy Chase, MD 20815-4519

$335,000

Estimated value

200 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3622

Unit 526P

$510,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3622

Unit 115P

$280,000

Estimated value

136 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4620 Park Ave2-139, Chevy Chase, MD 20815-4549

$675,000

Estimated value

183 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4601 Park Avep-430, Chevy Chase, MD 20815-4519

$335,000

Estimated value

200 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

Unit 335

$345,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

Unit 34T

$325,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

Unit 636P

$390,000

Estimated value

180 sqft 1.00 AC lot

View details

RESIDENTIAL PARKING GARAGE

4515 Willard Ave, Chevy Chase, MD 20815-3622

Unit 133P

$265,000

Estimated value

136 sqft 1.00 AC lot

View details

Chevy Chase, MD Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Chevy Chase, MD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,744 square feet of properties for sale, with an estimated market value of $8,124,800.

Sale prices for business properties in Chevy Chase, MD start at $649,900, averaging $2,031,200, and reaching up to $5,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 31K

Population Growth (5Y) +2.5%

Median Household Income $198,243

College Educated 71.9%

High-Yield Neighborhoods for Investment

Identify Chevy Chase submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
20815	$2M

Taxes & Financing

Tax Rate (average for all types) 1.00%

Property Tax per SF $6.67 per SF

Tax Rate vs County Average 0.12 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Chevy Chase fall within the 50,000 to 100,000 square foot range.

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Chevy Chase, MD Commercial Real Estate for Sale

4601 N PARK Avenue, Chevy Chase, MD 20815

4601 N Park Avenue, Unit 11C & 12C, Chevy Chase, MD 20815

4601 North Park Avenue, Chevy Chase, MD 20815

3910 UNDERWOOD St, Chevy Chase, MD 20815

8603 ERDEM, Chevy Chase, MD 20815

Opportunities in Nearby Cities

4839 Wisconsin NW Ave, Washington, DC 20016

4800 Montgomery Lane, Bethesda, MD 20814

5410 Connecticut Ave Nw #108, Washington, DC 20015

4300 Montgomery Ave, Bethesda, MD 20814

Off-Market Properties in Chevy Chase, MD

4515 Willard Ave, Chevy Chase, MD 20815-3622

4515 Willard Ave, Chevy Chase, MD 20815-3616

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

4515 Willard Ave, Chevy Chase, MD 20815-3622

4601 Park Avep-251, Chevy Chase, MD 20815-4519

4515 Willard Ave, Chevy Chase, MD 20815-3616

4620 Park Ave1-7, Chevy Chase, MD 20815-4549

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

4515 Willard Ave, Chevy Chase, MD 20815-3622

4620 Park Ave2-119, Chevy Chase, MD 20815-4549

4601 Park Avep511, Chevy Chase, MD 20815-4519

4515 Willard Ave, Chevy Chase, MD 20815-3622

4515 Willard Ave, Chevy Chase, MD 20815-3622

4620 Park Ave2-139, Chevy Chase, MD 20815-4549

4601 Park Avep-430, Chevy Chase, MD 20815-4519

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

5500 Friendship Blvd, Chevy Chase, MD 20815-7219

4515 Willard Ave, Chevy Chase, MD 20815-3622

Chevy Chase, MD Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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