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500 W Patrick St
Frederick, MD 21701
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Amazing Redevelopment Rights
  • Lot: 41,574 SF - .95 Acres
  • 100% Occupancy
  • 6.5% In Place Cap Rate

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
12,761 SF
Building Class
C
Year Built/Renovated
1950/1970
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.90 AC
Zoning
DB - Downtown Commercial /Residential)It allows most office and retail activities as well as high density residential uses.
Parking
39 Spaces (3.06 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-112817
  • 02-135132
Land Assessment
$1,055,500
Improvements Assessment
$1,375,200
Total Assessment
$2,430,700
  • Listing ID: 34574204

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 500 W Patrick St, Frederick, MD 21701

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