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241 E 4th St - The Glass Factory 974 - 2,848 SF Office Condo Units Offered at $643,500 - $789,900 Per Unit in Frederick, MD 21701
Investment Highlights
- Lots of Large Windows with Sunlight
- Easy Access to Interstate 70 via East Street
- FIVE OFFICES, CONFERENCE ROOM, 3 LARGE CUBIBLE AREAS, LARGE KITCHEN
- Full Kitchen
- Large Conference Room
- Nice Flooring, Air Conditioned and Heated.
Executive Summary
Beautifully Decorated 2,848 SF Office Space (No Retail) in Historic Downtown Frederick. Five Offices, Conference Room, Three Large Open Cubicle Areas, Large Kitchen 44,840 SF Building on 1.49 Acres (64,620 SF). DB Zoning. This East Street Location lies directly on the future main traffic corridor into the City of Frederick from a new Interstate 70 interchange. Ideal Location for Professionals to Live near their Business. One of only Five Cities or City Sections to receive a 2005 Great American Main Street Award, bestowed annually by the National Trust for Historic Preservation. Walking Distance from Downtown Restaurants. Total of 61 Parking Spaces, 18 of which are currently assigned.
Property Facts
Amenities
- 24 Hour Access
- Hardwood Floors
- Air Conditioning
2 Units Available
Unit 105
| Unit Size | 2,848 SF | Sale Type | Owner User |
| Price | $789,900 | No. Parking Spaces | 8 |
| Price Per SF | $277.35 | Sale Conditions | 1031 Exchange |
| Condo Use | Office |
| Unit Size | 2,848 SF |
| Price | $789,900 |
| Price Per SF | $277.35 |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 8 |
| Sale Conditions | 1031 Exchange |
Description
This 2,848 SF Suite is on the First Floor and Contains:
FIVE OFFICES, CONFERENCE ROOM, 3 LARGE CUBIBLE AREAS,
LARGE KITCHEN
Nice Flooring, Air Conditioned and Heated. Large Windows with Lots of Light.
Walking Distance to Downtown Frederick.
Unit 204A
| Unit Size | 974 SF | Sale Type | Owner User |
| Price | $643,500 | No. Parking Spaces | 6 |
| Price Per SF | $660.68 | Sale Conditions | 1031 Exchange |
| Condo Use | Office |
| Unit Size | 974 SF |
| Price | $643,500 |
| Price Per SF | $660.68 |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 6 |
| Sale Conditions | 1031 Exchange |
Description
SUITE 204A contains 974 SF with One Office, One Large Open Area & a Kitchen
Beautifully Decorated Office Space in Historic Downtown Frederick.
44,840 SF Building on 1.49 Acres (64,620 SF). DB Zoning.
SUITE 204A contains One Office, One Large Open Area & a Kitchen
Sale Notes
Glass Factory Suite 204A & 204B totals 1,974 SF / Suggested Sales Price $643,500.
Price Per Square Foot = $325.99. NOI from 204B Leased @$21 SF = $20,454.00.
Income from Edward Jones = $24,600. NOI - 204A&B Fully Leased = $45,054.
Cap Rate 7.0%
+4 More
GF204A_Entrance_View
GF204A_Office Inside View
GF204A_Office View
GF204A_Office
GF204A_Open Area
GF204A_Open Area2
GF204A_Utility Closet
GF204A_View of Chalkboard and Kitchen
GF204A_View of Chalkboard and Kitchen2
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| R Chriatopher Goodwin & Associates |
-
|
Jan 0000
|
| Edward Jones |
-
|
Jan 0000
|
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241 E 4th St - The Glass Factory
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