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Brick Retail Space
For Lease
$20 SF/Yr CAM $4 /USD/SF/YR

358 W PATRICK Street, Frederick, MD 21701

CommercialLease, FREDERICK, MD

Space Size2,279 SF - 3,780 SF
Lot Size0.12 Acres
Days on Market235

Property Features for 358 W PATRICK Street

General Information

Property type Other
Property subtype Retail
Parking 4
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 0.12 Acres

Amenities

free off-street parking

Building Details

Year built 1900
Number of units 1
Building materials Brick
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Added: Jan 19 Changed: Sep 5 Last Checked: Sep 11 at 11:06PM
MLS# MDFR2075734

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 brick commercial property, constructed in 1900, offers a 2,279-square-foot first-floor space in shell condition. The layout is identified for restaurant or retail use, with the full 3,780-square-foot building available for lease. Live-work use is also noted.

Located at 358 W Patrick Street in Frederick, the property sits in the city’s historic downtown area near restaurants and shops. The site includes a parking lot with free off-street parking and is zoned DB Downtown Business.

The lease is structured as NNN. The first-floor configuration provides a defined commercial space, while the building-wide availability offers a larger leasing option within the same property.

Key Highlights

  • 2,279 SF first‑floor space in shell condition
  • Entire 3,780 SF building available to lease
  • Restaurant or retail use identified

Property Analytics

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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

Location Intelligence

Trade Area within ½ mile

2,314
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

$20.46 /SF/Yr
Avg Asking Price
$12–$33 /SF/Yr
Price Range
18,328 SF
Avg Space Size

This space is priced 2% below the average of $20.46 /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?
Retail space - Shell-condition space supports first-floor retail or restaurant use with free off-street parking.
Where is this retail space located?
The property is located at 358 W PATRICK Street Frederick, MD.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,279 SF first‑floor space in shell condition; Entire 3,780 SF building available to lease; Restaurant or retail use identified
More about this property
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