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Downtown Frederick Retail Space Available
For Lease
$63,685

244 E PATRICK St, Frederick, MD 21701

Street-level retail space in a prime downtown Frederick location.

Space SizeContact for details
Days on Market120

Property Features for 244 E PATRICK St

General Information

Standard status Active
Property subtype Commercial
Lease Term 5 years

Building Details

Year Built 1900
Listing Agency: Sunshine Management
Listed By: William Zahler · License #35528
Source: Elliman
Added: Apr 24 Changed: Aug 13 Last Checked: Aug 21 at 12:55PM

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 Sunshine Management

Investment Insights

Based on property information with market context.

This street-level retail space is located in downtown Frederick, situated just off the corner of East Patrick Street and East Street on Carroll Creek. The property benefits from high visibility. The layout includes multiple rooms and spaces, bathrooms, and a lower level with additional rooms and a bathroom. The location is convenient to Everedy Square, Shab Row, and Market Street, with easy access to Route 70 and 15. The area has a bike score of 88, indicating it is very bikeable, and a walk score of 98, signifying it as a walker's paradise. The transit score is 36, indicating some transit options are available. The intended use of the property is for retail.

Key Highlights

  • Prime downtown Frederick location on Carroll Creek with high visibility.
  • Exceptional walkability score (98) - Walker's Paradise.
  • Convenient access to Everedy Square, Shab Row, and Market Street.

Property Analytics

Current Use

Patios Today Construction Company Delaplaine Foundation Inc Charitable Organization Refill Goodness Pick-Up ... (Bike/Boat/Book/etc) Store JCS Communications Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Mobile Phone Store Pet Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

2,715
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 38% Groceries 9% Home Improvements & Furnishings 8%
Shuckin' Shack Oyster Bar Dining
7,560 visits/mo 0.3 miles
7-Eleven Shops & Services
6,037 visits/mo 0.5 miles
The Spice & Tea Exchange Groceries
1,728 visits/mo 0.3 miles
Southern States Home Improvements & Furnishings
1,436 visits/mo 0.4 miles
M&T Bank Shops & Services
910 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

$24.8 /SF/Yr
Avg Asking Price
$18–$33 /SF/Yr
Price Range
20,703 SF
Avg Space Size

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?
Retail space - Street-level retail space in a prime downtown Frederick location.
Where is this retail space located?
The property is located at 244 E PATRICK St Frederick, MD.
What is the lease rate?
The lease rate is $63,685.
What are key features of this property?
This property features: Prime downtown Frederick location on Carroll Creek with high visibility.; Exceptional walkability score (98) - Walker's Paradise.; Convenient access to Everedy Square, Shab Row, and Market Street.
More about this property
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