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Office Unit with Leaseback
For Sale
$550,000

23 E FREDERICK Street, Walkersville, MD 21793

Commercial Sale, WALKERSVILLE, MD

Property SizeContact for details
Days on Market52

Property Features for 23 E FREDERICK Street

General Information

Property type Other
Property subtype Office
Parking 25
Parking features Parking Lot
Elementary school district FREDERICK COUNTY PUBLIC SCHOOLS
Middle school district FREDERICK COUNTY PUBLIC SCHOOLS
High school district FREDERICK COUNTY PUBLIC SCHOOLS
Standard status Active

Taxes and HOA fees

Tax Annual Amount 4543

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1987
Number of units 1
Building materials Brick
Listing Agency: MacRo, Ltd.
Listed By: Ashleigh Laura Sutton Rossi · License #659717
Added: Jul 15 Changed: Aug 19 Last Checked: Sep 4 at 5:06PM
MLS# MDFR2085596

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office condominium at 23 E. Frederick Street is a brick commercial property constructed in 1987. The unit includes central air conditioning, heat-pump heating, and access to a parking lot.

The seller has requested a leaseback extending through September 2027, with the current occupant remaining in place during that period. The property is located in Walkersville, Maryland, within Frederick County.

Key Highlights

  • Seller leaseback requested through September 2027
  • Current occupant in place during the leaseback period
  • Brick office condominium constructed in 1987

Property Analytics

Current Use

Dale Clabaugh - State ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Auto Repair Shop

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 21793, MD

10,447
Population
4,069
Households
2.6
Avg Household Size
40
Median Age
39%
College-Educated
96%
High-School Grad
21.4 sq mi
ZIP Area
488
Density / Sq Mi
$128,504
Median Household Income
$56,329
Median Earnings
$1,489
Median Rent
$416,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Condominium office unit with an occupant in place and seller leaseback through September 2027.
Where is this office units located?
The property is located at 23 E FREDERICK Street Walkersville, MD.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Seller leaseback requested through September 2027; Current occupant in place during the leaseback period; Brick office condominium constructed in 1987
More about this property
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