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Frederick Mixed-Use Property For Sale
For Sale
$439,000

431 Patrick St, Frederick, MD 21701

Mixed-use property with commercial potential in a vibrant Frederick location.

Property SizeContact for details
Days on Market466

Property Features for 431 Patrick St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,497

Building Details

Year Built 1905
Listing Agency: COLDWELL BANKER PREMIER
Listed By: SARAH J SANTACROCE · License #WV0030296
Source: Corcoran
Added: May 23, 2025 Changed: Mar 16 Last Checked: Apr 13 at 3:52PM

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 PREMIER

Investment Insights

Based on property information with market context.

Built in 1905, this updated property offers a combination of residential living and commercial potential. Situated beside the Frederick Fairgrounds, the property benefits from foot traffic and visibility. The property features an updated kitchen, dedicated office or flex space, separate living and dining rooms, and a main-level washer and dryer. Original radiator heating is present, along with window units for cooling. A new roof was installed in 2024. The property includes a spacious, fully fenced backyard surrounded by mature vegetation and a side privacy fence. It has four bedrooms and two bathrooms. The property is located near major highways and within walking distance of breweries, restaurants, shops, Carroll Creek, and Baker Park. It is suitable for a home-based business, retail space, or office setup.

Key Highlights

  • Prime location next to the Frederick Fairgrounds offers high visibility and foot traffic, ideal for a home‑based business or commercial venture.
  • Versatile property combines residential living with commercial potential in a vibrant Frederick location.
  • Updated kitchen and dedicated office/flex space provide modern comfort and functionality.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Carpet & Flooring Store Dental Office Pet Grooming Service (Bike/Boat/Book/etc) Store Pharmacy Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,376
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with commercial potential in a vibrant Frederick location.
Where is this mixed-use property located?
The property is located at 431 Patrick St Frederick, MD.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Prime location next to the Frederick Fairgrounds offers high visibility and foot traffic, ideal for a home‑based business or commercial venture.; Versatile property combines residential living with commercial potential in a vibrant Frederick location.; Updated kitchen and dedicated office/flex space provide modern comfort and functionality.
More about this property
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