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Two-Level Professional Office Units
For Sale
$680,000

101 CHESTNUT Street, Gaithersburg, MD 20877

Commercial Sale, GAITHERSBURG, MD

Property SizeContact for details
Days on Market193

Property Features for 101 CHESTNUT Street

General Information

Property type Other
Property subtype Office
Parking 37
Parking features Parking Lot
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

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
Listed By: Charles Coello · License #681917
Added: Mar 15 Changed: Sep 19 Last Checked: Sep 23 at 3:06PM
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 two-level commercial townhouse condominium contains 2,600+ square feet of office space configured for professional services. The interior has nine enclosed rooms with windows, including a classroom, along with a reception area, wood flooring, two kitchen areas, and one tiled bathroom on each floor. Central heating and central air support the workspace, and the building was constructed in 1980.

The unit is currently used by a counseling and therapeutic practice and includes a surface parking lot for staff and clients. Its location near the Montgomery County Fairgrounds, NIST, and Gaithersburg Towne Plaza provides access to Route 355 and I-270. The property is also within a federally designated Opportunity Zone.

Key Highlights

  • 2,600+ square feet of office space across two levels
  • Nine enclosed windowed rooms, including one classroom
  • Reception area, wood floors, two kitchen areas, and two tiled bathrooms

Property Analytics

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Current Use

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

Suggested Use

Top Pick Storage Facility Plumbing Service Pet Store Catering Service Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,689
Businesses Nearby

Demographics for 20877, MD

37,577
Population
13,599
Households
2.8
Avg Household Size
36
Median Age
35%
College-Educated
76%
High-School Grad
5.6 sq mi
ZIP Area
6,710
Density / Sq Mi
$86,103
Median Household Income
$39,341
Median Earnings
$1,862
Median Rent
$462,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional layout includes enclosed offices, reception, classroom space, kitchens, and client 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: 2,600+ square feet of office space across two levels; Nine enclosed windowed rooms, including one classroom; Reception area, wood floors, two kitchen areas, and two tiled bathrooms
More about this property
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