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Office Unit With Lab Space
For Lease
$7 SF/Yr NNN

241 E 4TH Street, Frederick, MD 21701

CommercialLease, FREDERICK, MD

Space Size5,000 SF
Lot Size0.09 Acres
Days on Market144

Property Features for 241 E 4TH Street

General Information

Property type Other
Property subtype Office
Parking 10
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
Lot size 0.09 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

kitchen area
lab/storage rooms
first floor lab area
garage with roll up door
second entrance

Building Details

Year built 1937
Number of units 1
Building materials Block, Advanced Framing, Brick
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Added: May 7 Changed: Sep 5 Last Checked: Sep 27 at 6:06AM
MLS# MDFR2081740

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.

Suite 100LL provides 5,000 SF across a basement-focused layout with 10 workstation areas, a large open room, kitchen space, and two sizable laboratory or storage rooms. The premises also include laboratory area on the first floor, a garage with a roll-up door, and a second entrance. Central heating and central air serve the property, which was built in 1937 with block, brick, and advanced framing construction.

The office unit is located at 241 E 4TH Street in Frederick, Maryland. A parking lot provides parking for 10 cars. The lease structure is NNN, with utilities included.

Key Highlights

  • 5,000 SF Suite 100LL with basement and first‑floor laboratory area
  • Basement includes 10 workstation areas and 1 large open area
  • Two large lab/storage rooms plus kitchen area

Property Analytics

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Current Use

Paige Hammarlund, Charis ... Real Estate Agency Latoya Thomas, Realtor Real Estate Agency The Wolfe Team of Charis ... Real Estate Agency Allie Vasquez | Maryland ... Real Estate Agency Jeremy Sanchez Realtor ... Real Estate Agency

Suggested Use

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

Lease Details

1
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,244
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Frederick, MD

$23.33 /SF/Yr
Avg Asking Price
$3.5–$216 /SF/Yr
Price Range
11,013 SF
Avg Space Size

This space is priced 70% below the average of $23.33 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Multi-level layout includes work areas, laboratory and storage rooms, a kitchen, garage access, and dedicated parking.
Where is this office units located?
The property is located at 241 E 4TH Street Frederick, MD.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 5,000 SF Suite 100LL with basement and first‑floor laboratory area; Basement includes 10 workstation areas and 1 large open area; Two large lab/storage rooms plus kitchen area
More about this property
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