12-16 W Patrick St 25,586 SF 55% Leased Retail Building Frederick, MD 21701 $5,250,000 ($205.19/SF)
INVESTMENT HIGHLIGHTS
- Amazing development rights for expansion of the current structure
- Zoned DB for versatile commercial, retail, or mixed-use potential
EXECUTIVE SUMMARY
**Prime Redevelopment Opportunity – 12-14 W. Patrick Street, Frederick, MD**
Located in the heart of historic downtown Frederick, 12-14 W. Patrick Street offers a rare and exciting opportunity for redevelopment, thanks to its prime location and Downtown Business Zoning classification. This zoning designation allows for a wide range of commercial, residential, and mixed-use developments, providing significant flexibility for investors and developers.
The property boasts exceptional visibility and accessibility, with high foot traffic and a vibrant mix of nearby dining, shopping, and cultural attractions. Positioned within walking distance to the Carroll Creek Promenade, local art galleries, and top-tier restaurants, this site is primed for a dynamic redevelopment project that could include retail spaces, office buildings, or even luxury residential units – all within a thriving and well-established community.
Frederick's growing economy, combined with its historic charm and modern amenities, presents a unique canvas for innovative development. With close proximity to major highways (I-70 and I-270) and just 50 miles from Washington, DC, this location offers unmatched connectivity for businesses and residents alike.
Whether you're looking to enhance the downtown skyline or create a mixed-use development that blends Frederick’s history with its future, 12-14 W. Patrick Street is the perfect location to turn your vision into reality. Don’t miss the chance to be a part of Frederick’s exciting growth and revitalization!
- 25,586 SF building with historic charm
- Amazing development rights for expansion of the current structure
- Zoned DB for versatile commercial, retail, or mixed-use potential
- Prime location in vibrant Frederick area
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Atrium
- Banking
- Skylights
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Catharsis Rage Factory
- -
- -
- $10.00
- Modified Gross
- Oct 2027
-
- Finance and Insurance
- -
- -
- -
- -
First Command Financial Services, Inc. and its subsidiaries, including First Command Advisory Services, Inc., First Command Brokerage Services, Inc., First Command Insurance Services, Inc., and First Command Bank, coach military families in their pursuit of financial security. First Command's reputation has been built on shaping positive financial behaviors through face-to-face coaching with hundreds of thousands of military families. They embrace time-tested financial principles and a client-first philosophy. They help manage day-to-day finances, build lifetime assets and strive to protect against the risk of financial loss so clients can pursue their goals and dreams on their terms through all stages of life.
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- Finance and Insurance
- -
- $22.50
- Modified Gross
- Jun 2032
Presidential Bank, FSB, was organized in 1985. Their assets exceed $800 million. Their main office is located in Bethesda, Maryland. They have branches located throughout the metro DC area. They are regulated by the U.S. Office of the Comptroller of the Currency as a federal savings bank and our deposits are insured by the Federal Deposit Insurance Corporation (FDIC). On October 6, 1995, Presidential® became the first bank in the United States to offer its bank accounts over the Internet. Beginning in 1997, Presidential was one of the earliest banks to offer online account statements and then real time PC banking services, such as current balance look-up capability and transfers between accounts.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Catharsis Rage Factory | - | - | $10.00 | Modified Gross | Oct 2027 | |
|
|
Finance and Insurance | - | - | - | - | |
|
|
Finance and Insurance | - | $22.50 | Modified Gross | Jun 2032 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
1900 SF built out as office and can be reduced to 1600 SF. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!
Build to suit 1st floor core space perfect for retail, medical or, office. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!
Beautiful fully built out modern office space with 9 private offices, one large conference room, reception area, and a common area work station. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!
4000 SF Shell perfect for event space, ready for a new tenant and available today. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!
| Space | Size | Space Use | Position | Available |
| 115 | 1,600-1,900 SF | Office/Retail | - | Now |
| 120 | 1,500 SF | Office/Retail | - | Now |
| 210 | 4,000 SF | Office | - | Now |
| 3rd Floor | 4,000 SF | Flex | - | Now |
115
| Size |
| 1,600-1,900 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
120
| Size |
| 1,500 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
210
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 4,000 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,412,600 |
