500 W Patrick St, Frederick, MD, 21701

500 W Patrick St Frederick, MD 21701

500 W Patrick St, Frederick, MD, 21701
500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701 500 W Patrick St, Frederick, MD, 21701
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 25, 2025

Daily Email Blast
0 times


Highlights

  • - Size: 12,761 square feet across three buildings
  • - Spaces: 4 retail/commercial spaces
  • - Zoning: DB, allowing versatile development options
  • - Occupancy: 100% leased

Description

ONE Street Commercial Properties is delighted to present an exceptional investment opportunity in the heart of downtown Frederick, Maryland.

This prime retail property spans 12,761 square feet across three buildings and boasts 100% occupancy, ensuring immediate and stable income potential. Built in 1961 and zoned DB (Downtown Business), this property offers unparalleled flexibility for retail use and redevelopment. Key redevelopment potential byright includes the ability to create approximately 70 residential units above 12,000 square feet of retail or commercial space, making this an ideal investment for those looking to capitalize on the growth and vibrancy of Frederick’s dynamic downtown.

Don’t miss the chance to secure a high-potential asset in one of Maryland’s most sought-after commercial locations. This property combines a stable income stream with exciting redevelopment possibilities, making it a must-see opportunity for retail and redevelopment investors alike.

The property enjoys a prime location mere minutes from the heart of downtown Frederick, MD, ensuring easy access to the city's vibrant cultural, dining, and shopping attractions. Additionally, the area is in close proximity to esteemed schools, providing convenience for families and educational institutions. Moreover, the property benefits from swift connectivity to major highways and interstates, facilitating seamless transportation and access to neighboring cities and metropolitan areas. This strategic positioning enhances the property's appeal and accessibility, making it an ideal choice for businesses seeking a desirable location with excellent connectivity to key amenities and transportation routes.


Year Built: 1961
Building Size: 12761sq ft
Lot Size: 0.95 acres


Documents

2.png
1 .png
ARTICLE_4 Part 1_201307091233235970 (2).pdf
Zoning_2013_Master_201808231431280600 (3).pdf
500 W. Patrick OM

Map of 500 W Patrick St, Frederick, MD, 21701

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.