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413 Market St Frederick, MD 21701

For Sale
$650,000

Prime Location, High Potential Income

Property size:
5,787 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional 5,787 square foot mixed-use property, situated on a 0.2-acre lot at 413 N Market Street in the heart of Frederick, MD, presents a unique investment opportunity. The ground floor currently houses a thriving dry cleaning and alteration business, a long-standing tenant (34 years) operating on a month-to-month lease and with a desire to remain. All dry cleaning processes are conducted off-site. The upper level features two one-bedroom apartments, also on month-to-month leases, accessed via a separate entrance and impressive staircase. The property includes a private driveway providing access to at least two rear parking spaces, enhancing the convenience and appeal for both commercial and residential tenants. Adding to the property's versatility are a detached garage and a substantial storage building, currently unrented but offering significant potential for additional income streams. Klineharts Alley provides convenient rear access. The building is in excellent condition and benefits from a premium location ideal for a variety of commercial and residential uses. The asking price is $650,000.

Property Features for 413 Market St

General Information

Property type
Mixed-use properties
Square Feet
5,787 SF
Lot Size
8,712 SF

Building Details

Year Built
1834

Property Profile Location Intelligence

Current Use by Public Records

North Cleaners Dry Cleaner

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Frederick
County
Frederick
State
Maryland
Longitude
-77.41058
Latitude
39.41959

FAQs

What type of property is this?
Mixed-use property - Prime Location, High Potential Income
Where is this mixed-use property located?
The property is located at 413 Market St Frederick, MD.
What is the asking price?
The asking price for this property is $650,000.
More about this property
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