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Downtown Frederick Retail or Restaurant
For Lease
$20 SF/Yr

358 W Patrick St, Frederick, MD 21701

2,279 SF first-floor space in historic downtown Frederick.

Space SizeContact for details
Days on Market129

Property Features for 358 W Patrick St

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Source: Kandorre
Added: Apr 24 Changed: Aug 23 Last Checked: Aug 29 at 11:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mackintosh, Inc.

Investment Insights

Based on property information with market context.

This property offers a 2,279-square-foot first-floor space suitable for a restaurant or retail location. The space is in shell condition. Located at 358 W Patrick Street in historic downtown Frederick, the property benefits from great visibility and proximity to downtown restaurants and shops. The zoning is DB Downtown Business. Free off-street parking is available. The building has a total area of 3,780 square feet and is available for lease. The location has a walk score of 52, indicating it is somewhat walkable, a bike score of 44, indicating it is somewhat bikeable, and a transit score of 36, indicating some transit options are available.

Key Highlights

  • Prime location in historic downtown Frederick with great visibility
  • 2,279 sf first floor restaurant or retail space
  • Zoned DB downtown business

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
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Frequently Asked Questions

What type of property is this?
Retail space - 2,279 SF first-floor space in historic downtown Frederick.
Where is this retail space located?
The property is located at 358 W Patrick St 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 location in historic downtown Frederick with great visibility; 2,279 sf first floor restaurant or retail space; Zoned DB downtown business
More about this property
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