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4 Professional Dr - Montgomery Professional Park 945 - 1,890 SF Office Condo Units Offered at $159,000 - $279,000 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
| Total Building Size | 40,000 SF | Typical Floor Size | 960 SF |
| Property Type | Office | Year Built | 1971 |
| Property Subtype | Medical | Lot Size | 3.65 AC |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Floors | 4 | ||
| Zoning | I3 - Heavy Industrial | ||
| 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 |
| Zoning | I3 - Heavy Industrial |
AMENITIES
- Signage
2 UNITS AVAILABLE
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 144 & 145
| Unit Size | 1,890 SF | Condo Use | Office |
| Price | $279,000 | Sale Type | Investment or Owner User |
| Price Per SF | $147.62 |
| Unit Size | 1,890 SF |
| Price | $279,000 |
| Price Per SF | $147.62 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
Size
Approx. 3,780 SF total, consisting of 2 first floor units and 2 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
or 3,780 SF.
Pricing
4 condos, 2 upper level and 2 first floor (#134, #135, #144 & #145) (3,780 SF):
- Purchase: $688,000.
- Lease: $7,000/month.
2 upper level condos (#146 & #147) (1,890 SF):
- Purchase: $299,000.
- Lease: $3,000/month.
2 first floor condos (#134 & #135) (1,890 SF):
- Purchase: $389,000.
Lease: $4,000/month.
Condo Fee: $290/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 base year condo fees and base year real estate taxes. Tenants pay all utilities, and any increases over base year condo fees & real estate taxes.
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. Separate HVAC systems and separate electric meters in each condo.
SALE NOTES
Size
Approx. 3,780 SF total, consisting of 2 first floor units and 2 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
or 3,780 SF.
Pricing
4 condos, 2 upper level and 2 first floor (#134, #135, #144 & #145) (3,780 SF):
- Purchase: $688,000.
- Lease: $7,000/month.
2 upper level condos (#146 & #147) (1,890 SF):
- Purchase: $299,000.
- Lease: $3,000/month.
2 first floor condos (#134 & #135) (1,890 SF):
- Purchase: $389,000.
Lease: $4,000/month.
Condo Fee: $290/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 base year condo fees and base year real estate taxes. Tenants pay all utilities, and any increases over base year condo fees & real estate taxes.
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. Separate HVAC systems and separate electric meters in each condo.
MAP
ADDITIONAL PHOTOS
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