Olney MD Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
6,051
Status:
Active
MLS#:
MDMC2172932
Type:
Mixed Use
Subdivision:
Olney
Lot size:
1.03 Acres
Year built:
1945
Courtesy: TTR Sotheby's International Realty 301-967-3344
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ADDITIONAL INFORMATION

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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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Olney Real Estate

Olney is located in Maryland. Olney, Maryland has a population of 35,815. Olney is more family-centric than the surrounding county with 38.51% of the households containing married families with children. The county average for households married with children is 37.16%.

The median household income in Olney, Maryland is $161,065. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Olney is 42.4 years.

Olney Weather

The average high temperature in July is 87 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 43.3 inches per year, with 15.8 inches of snow per year.

Olney Map

Olney Real Estate Market Conditions

  • Median sales price

    $674,950
    11.2%
    change since last quarter
  • # Active listings

    41
    30-day change

Olney Schools and Demographics

Education near Olney, MD

City County
High School Graduates 95.55 91.23
College Degree - 2 year 5.17 5.52
College Degree - 4 year 66.05 59.78
Graduate Degree 22.88 19.66
Expenditures per Student 19,736 19,736
Students per Teacher 13.6 13.6

Elementary Schools near Olney, MD

Grades Students P/T Ratio ZIP
Belmont Elementary School KG - 05 309 15.6 20832
Brooke Grove Elementary School PK - 05 402 14.9 20832
Greenwood Elementary School PK - 06 510 18.3 20833
Mill Creek Towne Elementary School PK - 05 413 12.6 20855
Olney Elementary School PK - 05 633 19 20832
Sequoyah Elementary School PK - 05 440 11.8 20855
Sherwood Elementary School PK - 06 496 15.6 20860

Middle Schools near Olney, MD

Grades Students P/T Ratio ZIP
Redland Middle School 06 - 09 545 13.9 20855
Rosa M. Parks Middle 06 - 09 906 17.5 20832
William H. Farquhar Middle 06 - 08 582 14.9 20832

High Schools near Olney, MD

Grades Students P/T Ratio ZIP
Col. Zadok Magruder High 09 - 12 1,526 17.4 20855
Sherwood High School 09 - 12 1,894 17.1 20860

Demographics near Olney, MD

City County
Neighborhood Type Suburban
Population 35,815 1,057,201
Population Density 2,211 2,144
Median Age 42.4 39.6
People per Household 3 2.7
Median Household Income 161,065 117,345
Average Income per Capita 61,056 59,384

Real estate near Olney