2701 Olney Sandy Spring Rd
Olney, MD 20832

• Unit Size: 5,236 SF
• Condo Use: Medical Office
• Price: $1,500,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $286.48 USD

Description

This unique property is currently used as both a medical office and a residence. Located off the main road in Olney, MD, it offers excellent business exposure. Additionally, the property is situated between two other Special Exception properties: a veterinary office and an assisted living facility It is also located just a quarter mile from MedStar Hospital, making it especially attractive as a healthcare office. The property offers a truly special and serene atmosphere, serving as bot a primary residence and a healthcare office -- currently home to a chiropractor. Situated on one acre of land in central Olney, it is nestled in a thriving community along the well-traveled Route 108. The primary residence spans approx. 3,526 square feet and includes four bedrooms and four bathrooms. The office portion of the property offers an additional 1,710 square feet. The home features a 2-car garage, a family room, a living room, a formal dining room, and ample outdoor space for entertainment. There is also plenty of parking available for visitors. The property consists of two wings built in 1945 and 1993, respectively.

While zoned as residential, it offers great potential for conversion into various property types by right, including a Bed & Breakfast, embassy, residential care facility, house of worship, and several other options. Permitted uses by right include: Bed & Breakfast one-family detached dwelling unit Embassy Farm tenant dwelling/mobile home, small group home, mobile home (permanently attached), public utility buildings or other public uses, adult foster care home, residential care facilities (up to 8 persons), ambulance/rescue squad/fire station, childcare facility, houses of worship, opportunity housing projects, libraries/museums, parks/playgrounds, agricultural uses/farm market.

Sale Notes

This unique property is currently used as both a medical office and a residence. Located off the main road in Olney, MD, it offers excellent business exposure. Additionally, the property is situated between two other Special Exception properties: a veterinary office and an assisted living facility It is also located just a quarter mile from MedStar Hospital, making it especially attractive as a healthcare office. The property offers a truly special and serene atmosphere, serving as bot a primary residence and a healthcare office -- currently home to a chiropractor. Situated on one acre of land in central Olney, it is nestled in a thriving community along the well-traveled Route 108. The primary residence spans approx. 3,526 square feet and includes four bedrooms and four bathrooms. The office portion of the property offers an additional 1,710 square feet. The home features a 2-car garage, a family room, a living room, a formal dining room, and ample outdoor space for entertainment. There is also plenty of parking available for visitors. The property consists of two wings built in 1945 and 1993, respectively.

While zoned as residential, it offers great potential for conversion into various property types by right, including a Bed & Breakfast, embassy, residential care facility, house of worship, and several other options. Permitted uses by right include: Bed & Breakfast one-family detached dwelling unit Embassy Farm tenant dwelling/mobile home, small group home, mobile home (permanently attached), public utility buildings or other public uses, adult foster care home, residential care facilities (up to 8 persons), ambulance/rescue squad/fire station, childcare facility, houses of worship, opportunity housing projects, libraries/museums, parks/playgrounds, agricultural uses/farm market.