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Two-Level Office Condo
For Sale
$680,000

2-101 Chestnut St, Gaithersburg, MD 20877

Professional workspace with enclosed rooms, reception, classroom, kitchens, and bathrooms arranged across two floors.

Property SizeContact for details
Days on Market170

Property Features for 2-101 Chestnut St

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes
Office Units 1

Taxes and HOA fees

Annual Taxes $7,399

Building Details

Stories 2
Tenancy Single
Listing Agency: Fairfax Realty Premier
Listed By: Charles Coello · License #681917
Source: Exprealty
Added: Mar 15 Changed: Aug 31 Last Checked: Aug 31 at 12:18AM

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 Fairfax Realty Premier

Investment Insights

Based on property information with market context.

This two-story commercial townhouse condominium contains 2,600+ square feet of office space configured for professional services. The layout includes nine enclosed rooms with windows, a classroom, a dedicated reception area, wood flooring, and two kitchen areas, with one on each level. Each floor also includes a bathroom finished with ceramic tile. The property is currently occupied by a counseling and therapeutic practice.

Surface parking serves the building, with nearby access to the Montgomery County Fairgrounds, NIST, and Gaithersburg Towne Plaza. The property is positioned near Route 355 and I-270 for regional connectivity and is located within a federally designated Opportunity Zone.

Key Highlights

  • 2,600+ square feet of office space across two levels
  • Nine enclosed windowed rooms, plus a classroom and dedicated reception area
  • Two kitchen areas and one ceramic‑tile bathroom on each floor

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Gym & Fitness Center Auto Parts Store Real Estate Agency

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
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,992
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
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Frequently Asked Questions

What type of property is this?
Office units - Professional workspace with enclosed rooms, reception, classroom, kitchens, and bathrooms arranged across two floors.
Where is this office units located?
The property is located at 2-101 Chestnut St 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, plus a classroom and dedicated reception area; Two kitchen areas and one ceramic‑tile bathroom on each floor
More about this property
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