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Retail Space in Shell Condition
For Lease
$20 SF/Yr

358 W PATRICK Street, Frederick, MD 21701

CommercialLease, FREDERICK, MD

Space SizeContact for details
Lot Size0.12 Acres
Days on Market223

Property Features for 358 W PATRICK Street

General Information

Property type Other
Property subtype Retail
Parking 4
Parking features Parking Lot
Elementary school district FREDERICK COUNTY PUBLIC SCHOOLS
Middle school district FREDERICK COUNTY PUBLIC SCHOOLS
High school district FREDERICK COUNTY PUBLIC SCHOOLS
Standard status Active
Size 2,279 SF
Lot size 0.12 Acres

Building Details

Year built 1900
Number of units 1
Building materials Brick
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Added: Jan 19 Changed: Aug 19 Last Checked: Aug 30 at 2:06PM
MLS# MDFR2075734

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property offers 2,279 square feet of first-floor space suitable for a restaurant or retail location. The property is currently in shell condition. It is located at 358 W Patrick Street in Frederick, MD, within the historic downtown area. The zoning is DB Downtown Business. The property benefits from great visibility and is within walking distance of downtown amenities, including restaurants and shops. Free off-street parking is available. The lot size is 0.115 acres. The entire building, comprising 3,780 square feet, is also available for lease, offering a live/work opportunity.

Key Highlights

  • Prime restaurant or retail location in historic Downtown Frederick
  • 2,279 SF first floor space
  • Great visibility and walkability to downtown amenities

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,314
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 27%
Waffle House Dining
7,271 visits/mo 0.4 miles
China Garden Dining
7,073 visits/mo 0.3 miles
7-Eleven Shops & Services
5,332 visits/mo 0.4 miles

Demographics for 21701, MD

39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value

Market

Lease Benchmarks for Frederick, MD

$23.67 /SF/Yr
Avg Asking Price
$18–$33 /SF/Yr
Price Range
18,976 SF
Avg Space Size

This space is priced 15% below the average of $23.67 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 2,279 SF retail or restaurant space for lease.
Where is this retail space located?
The property is located at 358 W PATRICK Street Frederick, MD.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime restaurant or retail location in historic Downtown Frederick; 2,279 SF first floor space; Great visibility and walkability to downtown amenities
More about this property
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