Two-Story Office Townhouse
101 CHESTNUT Street Gaithersburg, MD 20877
For Sale
$680,000
Commercial Sale - GAITHERSBURG, MD
Property Size2,600 SF
Price / SF$261.54
Days on Market133
Property Features for 101 CHESTNUT Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 37
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 2,600 SF
Taxes and HOA fees
- Tax Annual Amount
- 7399
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Number of units
- 1
- Building materials
- Vinyl Siding
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Charles Coello · License #681917
(240) 478-8739
Added: Mar 15
Changed: Jun 9
Last Checked: Jul 25 at 5:06AM
MLS# MDMC2222104
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained, two-level commercial townhouse condo provides 2,600+ square feet of professional office space. The interior is configured with nine enclosed, windowed rooms, including one classroom and a dedicated reception area. Wood floors run throughout, and the unit includes two kitchen areas (one on each floor) plus ceramic-tiled bathrooms on both levels.
The property is located near the Montgomery County Fairgrounds, NIST, and Gaithersburg Towne Plaza, with straightforward access to Route 355 and I-270. It is also situated within a federally designated Opportunity Zone.
Currently operating as an active counseling and therapeutic practice, the floor plan is designed to adapt to a broad range of professional services. With multi-practitioner functionality built into the layout, it works well as-is for teams that need separate rooms, reception support, and facilities distributed across two floors, along with ample surface parking for staff and clients.
The property is located near the Montgomery County Fairgrounds, NIST, and Gaithersburg Towne Plaza, with straightforward access to Route 355 and I-270. It is also situated within a federally designated Opportunity Zone.
Currently operating as an active counseling and therapeutic practice, the floor plan is designed to adapt to a broad range of professional services. With multi-practitioner functionality built into the layout, it works well as-is for teams that need separate rooms, reception support, and facilities distributed across two floors, along with ample surface parking for staff and clients.
Key Highlights
- Turnkey, income‑producing commercial condo ready for immediate occupancy.
- Located in a federally designated Opportunity Zone offering capital gains tax advantages.
- 2,600+ sq ft of professional office space adaptable to various services.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.2k | $19.68 |
| − Vacancy | −$8.8k | −$3.38 |
| EGI | $42.4k | $16.30 |
| − OpEx | −$10.6k | −$4.07 |
| NOI | $31.8k | $12.22 |
2,600 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$453.9K
$397.2K – $529.6K
NOI $31,775 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$914.6K
$800.3K – $1.07M
NOI $64,023 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
GreenTech Remodeling
General Contractor
LS TAX & NOTARY ...
Accounting Firm
Club De Nutricion ...
(Bike/Boat/Book/etc) Store
Economy Gaithersburg Tree ...
Landscaping
Nav-Ex Cleaning
Hardware & Home Improvement
FAQs
What type of property is this?
Office units - Well-maintained two-level office condo with nine enclosed windowed rooms, reception, wood floors, and ample surface parking.
Where is this office units located?
The property is located at 101 CHESTNUT Street Gaithersburg, MD.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Turnkey, income‑producing commercial condo ready for immediate occupancy.; Located in a federally designated Opportunity Zone offering capital gains tax advantages.; 2,600+ sq ft of professional office space adaptable to various services.
