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Owner-User Office Condo
For Sale
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Pending

101 Chestnut St. #220, Gaithersburg, MD 20877

Second-floor office unit with separate ground-level access and a flexible shared-occupancy configuration.

Property Size1,249 SF
Days on Market142

Property Features for 101 Chestnut St. #220

General Information

Standard status Pending
Size 1,249 SF
Property subtype Office, Retail
Zoning RB

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Floor 2
Office Units 1

Building Details

Tenancy Multi
Listing Agency: CapStar Commercial Realty
Listed By: Sophie Tsai · License #MD
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 31 at 10:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CapStar Commercial Realty

Investment Insights

Based on property information with market context.

Unit 220/3B is a 1,249 SF office condominium on the second floor, reached through a dedicated entry at ground level. The interior is arranged for two occupants, with approximately 560 rental square feet configured for an owner-user and the balance available for continued tenant occupancy. The owner-user area includes an office, private office, and storage space, while the occupants share a hallway restroom.

The property is located at 101 Chestnut St. in Gaithersburg, with access to local Rt. 355 and I-270. Signage is visible from Chestnut St. RB zoning also permits certain community service uses, including barber, tailoring, shoe repair, and jewelry store operations. The unit can accommodate an owner-user arrangement or leasing of both office areas, subject to applicable terms and approvals.

Key Highlights

  • 1,249 SF office condo in Unit 220/3B
  • Approximately 560 r.s.f. designated for an owner‑user area
  • Second‑floor unit with dedicated entrance door at ground level

Property Analytics

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 Butcher Catering Service 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

1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road 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

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 - Second-floor office unit with separate ground-level access and a flexible shared-occupancy configuration.
Where is this office units located?
The property is located at 101 Chestnut St. #220 Gaithersburg, MD.
What are key features of this property?
This property features: 1,249 SF office condo in Unit 220/3B; Approximately 560 r.s.f. designated for an owner‑user area; Second‑floor unit with dedicated entrance door at ground level
More about this property
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