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Leased Mixed-Use Frederick Property
For Sale
$1,500,000

23-25-27 S MARKET St, Frederick, MD 21701

Historic building with commercial storefronts and residential apartments.

Days on Market99

Property Features for 23-25-27 S MARKET St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1890
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Christine R Reeder
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 5:49AM

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 Long & Foster Real Estate, Inc.

Investment Insights

Based on property information with market context.

This leased mixed-use property is located in a desirable and walkable area of Downtown Frederick. The historic building, which was home to Landis Jewelers for decades, includes two established commercial storefronts, currently occupied by a boutique purse/apparel shop and a florist, along with three residential apartments above. The property is positioned near Carroll Creek and is surrounded by restaurants, breweries, boutiques, festivals, and year-round events. This location benefits from consistent foot traffic and high visibility. The property also includes six leased off-street parking spaces. The bike score is 88, indicating it is very bikeable. The walk score is 98, designating it as a walker's paradise. The transit score is 36, indicating some transit options are available.

Key Highlights

  • Prime Downtown Frederick location with high foot traffic and visibility.
  • Strong, diversified income stream from two commercial storefronts and three residential apartments.
  • Six leased off‑street parking spaces, a rare and valuable asset in the downtown area.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Pet Store & Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,024
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Groceries 16% Shops & Services 8% Apparel 6%
Shuckin' Shack Oyster Bar Dining
7,560 visits/mo 0.0 miles
The Spice & Tea Exchange Groceries
1,728 visits/mo 0.1 miles
M&T Bank Shops & Services
910 visits/mo 0.1 miles
Talbots Apparel
666 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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic building with commercial storefronts and residential apartments.
Where is this mixed-use property located?
The property is located at 23-25-27 S MARKET St Frederick, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime Downtown Frederick location with high foot traffic and visibility.; Strong, diversified income stream from two commercial storefronts and three residential apartments.; Six leased off‑street parking spaces, a rare and valuable asset in the downtown area.
More about this property
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