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    101 Chestnut St, Unit 2 Gaithersburg, MD 20877

    New
    Pending
    For Sale
    $690,000

    Commercial/Industrial - GAITHERSBURG, MD

    Days on Market:
    4
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 101 Chestnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking features
    Parking Lot

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Paul Marston (888) 536-0216

    Listing date Dec 8, 2025

    MLS# MDMC2193454 Listing URL

    Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gaithersburg Commercial Townhouse Opportunity Zone

    This meticulously maintained, two-level commercial condo townhouse offers over 2,600 square feet of space in a prime Gaithersburg location. Currently operating as a counseling and therapeutic center, the unit is suitable for a variety of professional services. It features a private main-level entrance and two bathrooms, one on each floor, along with versatile office space. A large, open parking lot provides ample parking. The building is in excellent condition and ready for immediate use. Located near the Montgomery County Fairgrounds, the property offers convenient access to restaurants, shopping centers, I-270, and Route 355. Situated in a Tax-advantaged Opportunity Zone, this property presents an attractive long-term real estate investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GreenTech Remodeling Contractor LS TAX & NOTARY ... Accountant Club De Nutricion ... Health And Beauty Shop Economy Gaithersburg Tree ... Tree Service Nav-Ex Cleaning Janitorial Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gaithersburg
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.20342
    Latitude
    39.14121

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    FAQs

    What type of property is this?
    Office space - Meticulously maintained commercial condo in prime location, ideal for investment.
    Where is this office space located?
    The property is located at 101 Chestnut St, Unit 2 Gaithersburg, MD.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - Located in a Tax-advantaged Opportunity Zone, offering significant long-term tax benefits.; - Prime Gaithersburg location with easy access to I-270 and Route 355.; - Meticulously maintained, 2,600+ sq ft commercial condo townhouse in excellent condition.
    (888) 536-0216
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    Gaithersburg, MD 20877
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Chestnut St, Unit 2 Gaithersburg, MD 20877
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