413 Market St Frederick, MD 21701

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.