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    37-39 E South St, Unit 4-5 Frederick, MD 21701

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    For Sale
    $1,300,000

    Mixed-use complex in Hub and Opportunity Zone with unlimited potential.

    Building Details

    Year built
    1940
    Source: Corcoran

    Listing Agent: Tony C Checchia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Complex For Sale

    This mixed-use historic complex is located within a Hub and Opportunity Zone. Two units (45) are being sold as a package. The site is ideal for adaptive mixed reuse, including residential, office, retail, brewery, coffee shop, or restaurant. It offers architectural interest and sweeping views of the Spires Skyline.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.40962
    Latitude
    39.410812

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use complex in Hub and Opportunity Zone with unlimited potential.
    Where is this mixed-use property located?
    The property is located at 37-39 E South St, Unit 4-5 Frederick, MD.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Mixed-use Historic Complex in Hub and Opportunity Zone.; - Two units being sold as a package.; - Ideal for adaptive mixed reuse (residential/office/retail/brewery/coffee shop/restaurant).
    (888) 236-1435
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    37-39 E South St, Unit 4-5 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
    37-39 E South St, Unit 4-5 Frederick, MD 21701
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