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Shady Grove Office Condo Package
For Sale
$415,000

8909-8911 SHADY GROVE Ct 1A, Gaithersburg, MD 20877

Two adjacent condos in Shady Grove Professional Park.

Property SizeContact for details
Days on Market154

Property Features for 8909-8911 SHADY GROVE Ct 1A

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,709

Building Details

Year Built 2004
Units 2
Listing Agency: REAL BROKER, LLC - ANNAPOLIS
Listed By: Sven M Skarie · License #644275
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 5:05AM

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 REAL BROKER, LLC - ANNAPOLIS

Investment Insights

Based on property information with market context.

Located in Shady Grove Professional Park, this sale includes two adjacent condos, 8909 and 8911 Shady Grove, offering flexibility for professional or medical uses. Unit 8909 is currently configured as a medical office, featuring a large open waiting room, a spacious billing/records area, a small kitchenette, and four exam rooms, each equipped with running water. Between the exam rooms is a large counter/flex space. Unit 8911 is directly connected but also has its own separate entrance, making it suitable for a private office suite, a secondary business, or a separate department. This unit currently includes two private offices that could be opened into a large common area or conference space. The location provides access to I-495 and I-270, with access to Rockville Pike (355) and surrounding business corridors. This package offers possibilities for expanding a current practice, launching a new business, or investing in a flexible income-producing property.

Key Highlights

  • Two adjacent condo units (8909 & 8911 Shady Grove) offering flexible configuration options.
  • Prime location in Shady Grove Professional Park with easy access to major routes.
  • Unit 8909 is already set up as a medical office, featuring a waiting room and four exam rooms with running water.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Plumbing Service Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

1,714
Businesses Nearby
Balanced
Demand for This Use

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?
Medical Office Space - Two adjacent condos in Shady Grove Professional Park.
Where is this medical office space located?
The property is located at 8909-8911 SHADY GROVE Ct 1A Gaithersburg, MD.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two adjacent condo units (8909 & 8911 Shady Grove) offering flexible configuration options.; Prime location in Shady Grove Professional Park with easy access to major routes.; Unit 8909 is already set up as a medical office, featuring a waiting room and four exam rooms with running water.
More about this property
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