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25 Chestnut St
Gaithersburg, MD 20877
Bldg. 1 · Industrial Property For Sale
Executive Summary
Warehouse/Office Property For Sale or Lease
Building #1
• First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors.
• Second floor contains approx. 5,700 SF of nicely finished office.
Building #2
• Approx. 7,795SF of fully leased office/warehouse space.
• Approx. 6,150 SF of warehouse.
Features
• Building #1 to be delivered vacant for owner/investor.
• Property is zoned I-1 (Light Industrial).
• Auto repair & service permitted in this zone.
• Many other uses allowed in the I-1 zone.
• Lot Size: 46,660 SF.
Sales Price
• $5,400,000.00
Lease Rate
• $14/SF NNN (NNN approx. $3.00)
Building #1
• First floor contains approx. 2,900 SF of office and 2,800 SF of 16’ clear warehouse with 2 drive-in bay doors.
• Second floor contains approx. 5,700 SF of nicely finished office.
Building #2
• Approx. 7,795SF of fully leased office/warehouse space.
• Approx. 6,150 SF of warehouse.
Features
• Building #1 to be delivered vacant for owner/investor.
• Property is zoned I-1 (Light Industrial).
• Auto repair & service permitted in this zone.
• Many other uses allowed in the I-1 zone.
• Lot Size: 46,660 SF.
Sales Price
• $5,400,000.00
Lease Rate
• $14/SF NNN (NNN approx. $3.00)
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Parking Ratio | 2.57/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 0.59 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 11,668 SF | Opportunity Zone |
Yes
|
| Zoning | I-1 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.59 AC |
| Rentable Building Area | 11,668 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.57/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-1 |
Amenities
- Air Conditioning
Utilities
- Water - City Water
- Sewer - City Sewer
Property Taxes
| Parcel Number | 09-03310305 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $4,140,088 CAD |
Property Taxes
Parcel Number
09-03310305
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,140,088 CAD
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