2701 OLNEY SANDY SPRING ROADOLNEY, MD 20832

Commercial · 6,051 Sq. ft. | 1.03 Acres
$1,390,000 ACTIVE

2701 OLNEY SANDY SPRING ROAD Overview

Time on Site:
447 days
Visits:
4

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 both 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 approximately 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

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2701 OLNEY SANDY SPRING ROAD Facts & Features

  • Type Commercial
  • Sq. ft. 6,051
  • Price/Sq.ft. $230
  • Lot 1.03 Acres

Details

General

School Information

  • High School: SHERWOOD

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1945

Business Information

  • Business Type: Medical

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • In City Limits: No
  • Subdivision Name: OLNEY

Parking Information

  • Total Parking Spaces: 12
  • Type of Parking: Parking Lot,Driveway

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax: 8587.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $9,307.00
  • Tax Assessed Value: 745900.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2024
  • Zoning: R200

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0
  • Total Restrooms: 4

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 6051.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Entry Slope <1'
  • Cooling: Central A/C
  • Other Equipment: Negotiable

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Acres: 1.03
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 44866.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Water Access: No

2701 OLNEY SANDY SPRING ROAD Neighborhood

Community

20832 (OLNEY) Demographics

41
Median Age
2,520
Population Density (per sq. mile)
66%
College Educated
$139,007
Estimated Median Income
7,331
Estimated Total Home Owners
1,127
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

2701 OLNEY SANDY SPRING ROAD Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2701 OLNEY SANDY SPRING ROAD Market Data

Based on the last 30 days in this zip code

$664,512
Average List Price
$292
Average Price per Square Foot
30
Properties Sold
39
Average Days on Market
66
Properties for Sale
Calculations provided by Reliance Network

2701 OLNEY SANDY SPRING ROAD History

Date Event Value Agent
5/1/2026Source: BRIGHT MLS Price Reduction
$1,390,000 -4.1%
1/23/2026Source: BRIGHT MLS Price Reduction
$1,450,000 -3.3%
4/10/2025Source: BRIGHT MLS Status Change
ACTIVE
4/9/2025Source: BRIGHT MLS Added to Database
April 09, 2025
Listing provided courtesy of TTR Sotheby's International Realty- MLS# MDMC2172932MLS ProviderContact Information: [email protected] - 3019673344