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4 Professional Dr - Montgomery Professional Park

945 - 5,670 SF Office Condo Units Offered at $159,000 - $950,000 Per Unit in Gaithersburg, MD 20879

Investment Highlights

  • This building features multiple offices, conference rooms, and kitchenette space.
  • There is abundant free parking at the front door and occupant controls heating and cooling.

Executive Summary

This property was built in 1971 with a 3.65-arce site. The building is I-1 Heavy Industrial zoning and has approximately 160 parking spaces.

Property Facts

Price $159,000 - $950,000 Building Class C
Unit Size 945 - 5,670 SF Floors 4
No. Units 6 Typical Floor Size 960 SF
Total Building Size 40,000 SF Year Built 1971
Property Type Office Lot Size 3.65 AC
Property Subtype Medical Parking Ratio 10/1,000 SF
Price $159,000 - $950,000
Unit Size 945 - 5,670 SF
No. Units 6
Total Building Size 40,000 SF
Property Type Office
Property Subtype Medical
Building Class C
Floors 4
Typical Floor Size 960 SF
Year Built 1971
Lot Size 3.65 AC
Parking Ratio 10/1,000 SF

6 Units Available

Unit 6 Units

Unit Size 5,670 SF Condo Use Office
Price $950,000 Sale Type Investment or Owner User
Price Per SF $167.55
Unit Size 5,670 SF
Price $950,000
Price Per SF $167.55
Condo Use Office
Sale Type Investment or Owner User
Description

Size
Approx. 5,670 SF total, consisting of 2 middle level units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.
  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.
  • Purchase 2 upper level condos (1,890 SF): $340,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.
  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Sale Notes

Size
Approx. 5,670 SF total, consisting of 2 middle level units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.
  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.
  • Purchase 2 upper level condos (1,890 SF): $340,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.
  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Unit 2 Upper

Unit Size 1,890 SF Condo Use Office
Price $340,000 Sale Type Investment or Owner User
Price Per SF $179.89
Unit Size 1,890 SF
Price $340,000
Price Per SF $179.89
Condo Use Office
Sale Type Investment or Owner User
Description

Size
Approx. 5,670 SF total, consisting of 2 middle level units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.
  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.
  • Purchase 2 upper level condos (1,890 SF): $340,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.
  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Sale Notes

Size
Approx. 5,670 SF total, consisting of 2 middle level units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.
  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.
  • Purchase 2 upper level condos (1,890 SF): $340,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.
  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Unit 4 Upper

Unit Size 3,780 SF Condo Use Office
Price $625,000 Sale Type Investment or Owner User
Price Per SF $165.34
Unit Size 3,780 SF
Price $625,000
Price Per SF $165.34
Condo Use Office
Sale Type Investment or Owner User
Description

Size
Approx. 5,670 SF total, consisting of 2 middle level units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.
  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.
  • Purchase 2 upper level condos (1,890 SF): $340,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.
  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Sale Notes

Size
Approx. 5,670 SF total, consisting of 2 middle level units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.
  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.
  • Purchase 2 upper level condos (1,890 SF): $340,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.
  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Unit 136

Unit Size 945 SF Condo Use Office
Price $159,000 Sale Type Investment or Owner User
Price Per SF $168.25
Unit Size 945 SF
Price $159,000
Price Per SF $168.25
Condo Use Office
Sale Type Investment or Owner User
Description

Office Space for Sale

Size: Approx. 945 saleable SF.

Features

  • Large open work area, 2 private offices & private restroom.
  • Abundant free parking at front door.
  • Occupant controlled heating/cooling systems for 24-hour use.

    Price Details
  • RE Taxes (7/1/24-6/30/25): $2,130.42.
    Condo Fee: $275/month.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Sale Notes

Office Space for Sale

Size: Approx. 945 saleable SF.

Features

  • Large open work area, 2 private offices & private restroom.
  • Abundant free parking at front door.
  • Occupant controlled heating/cooling systems for 24-hour use.

    Price Details
  • RE Taxes (7/1/24-6/30/25): $2,130.42.
    Condo Fee: $275/month.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Unit 143

Unit Size 945 SF Condo Use Office
Price $159,000 Sale Type Investment or Owner User
Price Per SF $168.25
Unit Size 945 SF
Price $159,000
Price Per SF $168.25
Condo Use Office
Sale Type Investment or Owner User
Description

Office Condo For Sale

  • Approximately 945 saleable SF.
  • Very nice second floor space - one flight of steps up.
  • Large open work area with abundant natural light, two windowed office & private restroom.
  • Abundant free parking.
  • Off Route 355 at signalized intersection for fast access to I-270 and many food and shopping options.
  • Condo Fee: $275/month. Includes water/sewer, structural fire insurance, professional management, snow plowing, grass cutting & more.
    RE Taxes (7/1/24-6/30/25): $2,130.42.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Sale Notes

Office Condo For Sale

  • Approximately 945 saleable SF.
  • Very nice second floor space - one flight of steps up.
  • Large open work area with abundant natural light, two windowed office & private restroom.
  • Abundant free parking.
  • Off Route 355 at signalized intersection for fast access to I-270 and many food and shopping options.
  • Condo Fee: $275/month. Includes water/sewer, structural fire insurance, professional management, snow plowing, grass cutting & more.
    RE Taxes (7/1/24-6/30/25): $2,130.42.

    Suites 134, 135, 136, 143, 144, 145, 146 and 147 may be combined to form up to approx. 7,560 SF.

Unit 2 First Fl

Unit Size 1,890 SF Condo Use Office
Price $389,000 Sale Type Investment or Owner User
Price Per SF $205.82
Unit Size 1,890 SF
Price $389,000
Price Per SF $205.82
Condo Use Office
Sale Type Investment or Owner User
Description

Size
Approx. 5,670 SF total, consisting of 2 first floor units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.

  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.

  • Purchase 2 upper level condos (1,890 SF): $299,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.

  • Purchase 2 first floor condos (#134 & #135) (1,890 SF): $389,000.
  • Lease 2 first floor condos (#134 & #135) (1, 890 SF): $4,000/month.

  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

Sale Notes

Size
Approx. 5,670 SF total, consisting of 2 first floor units - NO STEPS!, and 4 upper level units
(one flight of steps up). Available for sale or lease in pairs of approx. 1,890 SF. Purchase or
lease 1,890 SF, 3,780 SF or 5,670 SF.

Features
Multiple offices, conference rooms and kitchenette. One restroom in each unit. Abundant free
parking at front door. Occupant controlled heating/cooling systems for 24-hour use.

Pricing

  • Purchase all 6 condos (5,670 SF): $950,000.
  • Lease all 6 condos (5,670 SF): $8,500/month.

  • Purchase 4 upper level condos (3,780 SF): $625,000.
  • Lease 4 upper level condos (3,780 SF): $6,000/month.

  • Purchase 2 upper level condos (1,890 SF): $299,000.
  • Lease 2 upper level condos (1,890 SF): $3,000/month.

  • Purchase 2 first floor condos (#134 & #135) (1,890 SF): $389,000.
  • Lease 2 first floor condos (#134 & #135) (1, 890 SF): $4,000/month.

  • Condo Fee: $275/month, per condo, included if leasing.
  • RE Taxes (7/1/24-6/30/25): $2,130.42, per condo. Base year taxes included if leasing.
    Monthly rents include condo fees and base year real estate taxes. Tenants pay all utilities.

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Amenities

  • Signage

zoning

Zoning Code I3 (Heavy Industrial)
I3 (Heavy Industrial)
(301) 340-9400

  • Listing ID: 30369732

  • Date on Market: 12/14/2023

  • Last Updated:

  • Address: 4 Professional Dr, Gaithersburg, MD 20879

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Jay Clogg

(301) 340-9400

(301) 340-9400

John Arensmeyer

(301) 340-9400

(301) 340-9400

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