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    301 Patrick St Frederick, MD 21701

    Sponsored
    For Sale
    $575,000

    High-visibility corner lot, versatile space.

    Property size:
    2,488 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 301 Patrick Street West in Frederick, Maryland's historic district, presents a unique investment opportunity. Boasting approximately 2,488 square feet on a 0.03-acre lot, this building offers unparalleled versatility. The main level is ideally suited for retail use, featuring a spacious area, a dedicated office, reception space, and a conference room. The upper level provides significant flexibility, easily adaptable as a residential apartment, owner's quarters, or additional office space. A full kitchen and restroom are included. Abundant natural light streams in through large windows, creating a bright and inviting atmosphere. The property is zoned DB, permitting office, retail, and residential uses, maximizing its potential. Its prime corner location places it within easy walking distance of downtown Frederick's vibrant attractions, diverse dining options, and shopping destinations. This high-visibility location ensures significant foot traffic and exposure, making it an exceptional opportunity for a savvy investor seeking a blend of commercial and residential potential. The asking price is $575,000.

    Property Features for 301 Patrick St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,488 SF
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    O'Grady Companies, Inc. Electrician Rick Ridgely: Allstate ... Insurance Agency WDVM-TV Television Station Amada Senior Care Home Health Care Service Stadtkind Photography, LLC Photographer

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.41844
    Latitude
    39.41331

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility corner lot, versatile space.
    Where is this mixed-use property located?
    The property is located at 301 Patrick St Frederick, MD.
    What is the asking price?
    The asking price for this property is $575,000.
    (240) 203-6393
    Request Owner's contact information
    301 Patrick St Frederick, MD 21701
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    Frederick, MD 21701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Patrick St Frederick, MD 21701
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