Olney, MD Commercial Real Estate for Lease and Sale

Explore 15 listings of Olney commercial real estate to find the best space for your business.

Oland Professional Center

3400 Olandwood Court, Olney, MD
Property

Office

37,935 SF
Availability

1 Space

944 SF
Year Built

1992
For Lease

$2,500.00/SF/YR
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Antique Village

16650 Georgia Ave, Olney, MD
Property

Industrial

13,000 SF
Availability

1 Space

6,000 SF
For Lease

$20.00/SF/YR
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17904 Georgia Avenue, #108A

17904 Georgia Avenue, Olney, Wheaton, MD
Property

Office

1,053 SF
For Sale

$415,900
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Fair Hill

18000 Town Center Drive, Olney, MD
Property

Retail

110,000 SF
Availability

2 Spaces

4,800 SF
Year Built

2011
For Lease

$55.00/SF/YR
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16620 Georgia Ave

16620 Georgia Ave, Olney, MD
Property

Special

11,700 SF
Availability

1 Space

11,700 SF
Year Built

2011
For Lease

$16.00/SF/YR
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3333 Olney Sandy Spring Rd

3333 Olney Sandy Spring Rd, Olney, MD
Property

Retail

9,405 SF
Availability

1 Space

2,630 SF
Year Built

1987
For Lease Contact for pricing
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2919-A Olney Laytonsville Road

2919-A Olney Laytonsville Road, Olney, MD
Property

Office

896 SF
Availability

1 Space

896 SF
For Lease

$2,500.00/MO
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The Olney Center

3410 Olney Laytonsville Road, Olney, MD
Property

Retail

58,437 SF
Availability

4 Spaces

4,975 SF
Year Built

1972
For Lease Contact for pricing
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808 Olney Sandy Spring Road

808 Olney Sandy Spring Road, Sandy Spring, MD
Property

Office

616 SF
Availability

2 Spaces

616 SF
For Lease

$585.00 - $895.00/MO
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LocalWorks Silver Spring
LocalWorks
13975 Connecticut Avenue, Silver Spring, MD
Services

Virtual Office

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Parking

Printer
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Leisure World Plaza

3801 International Drive, Leisure World, Silver Spring, MD
Property

Retail

143,368 SF
Availability

5 Spaces

11,760 SF
Year Built

1986
For Lease Contact for pricing
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Aspen Hill Northgate Plaza

13975 Connecticut Avenue, Harmony Hills, Silver Spring, MD
Property

Office

256,154 SF
Availability

5 Spaces

23,983 SF
Year Built

1958
For Lease Contact for pricing
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2601 Bel Pre Road

2601 Bel Pre Road, Layhill, Silver Spring, MD
Property

Multi-Family

30,000 SF
For Sale

$7,500,000
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2275 Bel Pre Road

2275 Bel Pre Road, Layhill, Silver Spring, MD
Property

Mixed Use

117,000 SF
Availability

2 Spaces

1,780 SF
Year Built

1969
For Lease

$1,400.00 - $2,160.00/MO
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Air Park Business Center

7622 Rickenbacker Drive, Gaithersburg, MD
Property

Industrial

156,500 SF
Availability

1 Space

7,984 SF
Year Built

1990
For Lease

$15.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Olney commercial real estate market incorporates 163,160 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Olney commercial real estate market includes 177,842 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Olney market, there is a total of 13,000 square feet of industrial property.

The listing inventory in Olney incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Olney is represented by Office space, which accounts for 32,091 square feet of available listings. Retail space available in Olney adds up to 12,405 square feet.

Meanwhile, most of the listings of commercial property for sale in Olney are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Olney is $40.86 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Olney can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Olney, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $41.5 per square foot. In particular, the property type commanding the highest lease rates in Olney was Office space.

The average size of a commercial property in Olney depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Olney, the average size of an office property is 54,387 square feet.
Retail properties here incorporate an average of 59,281 square feet.
Industrial space in Olney is in buildings that are, on average 13,000 square feet in size.

Olney, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Olney currently add up to 31,945 square feet. The market offers 2 active office listing(s), which amount to 1,840 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 12,405 square feet across 4 retail space(s). Industrial space for rent opportunities in Olney amount to 6,000 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	1,840
Retail	4	12,405
Industrial	1	6,000
Other	1	11,700

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Olney, MD. Currently, there is 1,053 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	1,053

Olney, MD Commercial Real Estate for Lease and Sale

Oland Professional Center

Antique Village

17904 Georgia Avenue, #108A

Fair Hill

16620 Georgia Ave

3333 Olney Sandy Spring Rd

2919-A Olney Laytonsville Road

The Olney Center

808 Olney Sandy Spring Road

LocalWorks Silver Spring

Leisure World Plaza

Aspen Hill Northgate Plaza

2601 Bel Pre Road

2275 Bel Pre Road

Air Park Business Center

Frequently Asked Questions

Olney, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Olney, MD Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Olney, MD?

What factors affect the price of commercial real estate in Olney, MD?

What is the average rent for commercial space in Olney, MD?

What are the best areas for commercial real estate in Olney, MD?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Olney, MD?

Olney, MD Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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