# 101 CHESTNUT Street #2, Gaithersburg, MD 20877

> **TL;DR:** commercial, $680,000, built 1980.
> A/C. Est. $3,636/mo. Listed 229 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $680,000 |
| Year Built | 1980 |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 229 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,438 |
| Estimated Insurance | $198 |
| **Total** | **$3,636** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1980
- 37 parking spaces

## Description

### Agent Description
This well-maintained, two-level commercial townhouse condo offers 2,600+ square feet of professional office space. Currently home to an active counseling and therapeutic practice, the floor plan adapts readily to a broad range of professional services. The layout functions well as-is for a multi-practitioner practice and is ready for immediate occupancy. Spread across two floors, the unit includes nine enclosed windowed rooms, with one classroom and a dedicated reception area, wood floors throughout, two kitchen areas with one on each floor, and a bathroom with ceramic tiles on each level. An ample surface parking serves both staff and clients with ease. The property is conveniently located near the Montgomery County Fairgrounds, NIST, and Gaithersburg Towne Plaza, with straightforward access to Route 355 and I-270. The property is situated within a federally designated Opportunity Zone, which offers investors meaningful capital gains tax advantages on a long-term hold. Whether you are an owner-occupant or an investor, the combination of a turnkey, income-producing asset in a tax-advantaged location makes this a straightforward case for a closer look.

## Location

- **Address:** 101 CHESTNUT Street #2, Gaithersburg, MD 20877
- **County:** MONTGOMERY
- **Coordinates:** 39.14121, -77.20342
- **Google Maps:** https://www.google.com/maps?q=39.14121,-77.20342

## Listing Agent

- **Name:** Charles Coello · **License:** 681917
- **Brokerage:** Fairfax Realty Select
- **Broker Phone:** (703) 533-8660

## Photos

![101 CHESTNUT Street #2 - Photo 1](http://lh.rdcpix.com/91a0d5e0eed0467f7630fb82be4e45d5l-f38300935r.jpg)

---

**MLS#:** MDMC2222104 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/101-chestnut-street-gaithersburg-md-20877-b3413b04738e4de89ff3a0e7363b912d)

---

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