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    Mount Airy Commercial Space Available Title is generated by Realmo AI

    401 CENTER STREET 1, Mount Airy, MD 21771

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    For Sale
    $299,900

    Commercial space for sale in Mount Airy, Maryland.

    Type:Commercial/Industrial
    Property size:
    1,214 SF
    Price / SF:
    $247/SF
    Added:
    Mar 24, 2026
    Days on Market:
    105
    Last Refresh:
    Feb 12 at 10:00 am

    Property Features for 401 CENTER STREET 1

    General Information

    Standard status
    Active
    Size
    1,214 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1987

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    Jody Bell
    Jody Bell

    Listing office Coldwell Banker Realty

    Listing date Mar 24, 2026

    Source Exitrealty

    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 Coldwell Banker Realty

    HighLights

    • Conveniently located in the Town of Mount Airy with easy commuter access to Routes 27 & 26 and I‑70.
    • 1,214 sf unit suitable for owner occupants or investors.
    • Features a 10' x 8' Overhead Door with Glassdoor Entry Way.
    • Currently tenant occupied as office/warehouse space.
    • Includes ceramic tiling and exposed ceiling venting.
    • Open space with a modern bathroom.

    Overview

    A commercial space is available for purchase on Center Street in Mount Airy, Maryland. Unit 1 offers 1,214 square feet of space, featuring a 10' x 8' overhead door, a glass door entry way, ceramic tiling, and exposed ceiling venting. The layout includes an open space and a modern bathroom. Currently tenant-occupied as office and warehouse space, the unit is suitable for both owner-occupants and investors. The property is located within the town of Mount Airy, providing convenient commuter access to Routes 27 and 26, as well as I-70.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.6k $30.96
    − Vacancy −$7.9k −$6.53
    EGI $29.7k $24.43
    − OpEx −$7.4k −$6.11
    NOI $22.2k $18.32
    1,214 SF · lease $30.96/SF/yr · vacancy 21.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $317.7K
    $278.0K – $370.7K (±1% cap)
    NOI $22,241 @ 7.0% cap · market cap 7.42%
    Second Best
    Warehouse
    $162.7K
    $142.4K – $189.8K (±1% cap)
    NOI $11,388 @ 7.0% cap · market cap 3.80%
    Theoretical Best
    Specialty Retail
    $449.8K
    $393.6K – $524.8K (±1% cap)
    NOI $31,489 @ 7.0% cap · market cap 10.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Hotel & Motel Law Firm Building Supply Restaurant Garden Center Big Box & Wholesale Store Department Store Grocery & Convenience Store Storage Facility Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Love and Dishes Catering — 3 Sunset Ave, Mt Airy, MD 21771

    Location Insight

    • Map
    • Local Demand
    City
    Mount Airy
    County
    Frederick
    State
    Maryland
    Longitude
    -77.1491868
    Latitude
    39.3742185

    FAQs

    What type of property is this?
    Flex space - Commercial space for sale in Mount Airy, Maryland.
    Where is this flex space located?
    The property is located at 401 CENTER STREET 1 Mount Airy, MD.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Conveniently located in the Town of Mount Airy with easy commuter access to Routes 27 & 26 and I‑70.; 1,214 sf unit suitable for owner occupants or investors.; Features a **10' x 8' Overhead Door with Glassdoor Entry Way.**
    More about this property
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