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Medical Office Building with Basement
New
For Lease
$24 SF/Yr

470 W PATRICK Street, Frederick, MD 21701

CommercialLease, FREDERICK, MD

Space Size4,522 SF
Lot Size0.58 Acres
Days on Market4

Property Features for 470 W PATRICK Street

General Information

Property type Other
Property subtype Office
Parking 26
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 0.58 Acres

Utilities

Cooling system Central Air

Amenities

large Safe
High Speed Internet

Building Details

Year built 1960
Number of units 1
Building materials Brick
Listing Agency: Mackintosh, Inc.
Listed By: Nancy A Green · License #512471
Added: Oct 2 Last Checked: Oct 5 at 11:06PM
MLS# MDFR2090162

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 medical office property has a first floor and a full basement, with 4,522 square feet of combined space. Central air and high-speed internet are in place, and the building includes a large safe. The structure dates to 1960, and the parcel covers 25,265 square feet, or 0.58 acres.

Located at 470 W Patrick Street in Frederick, the property is zoned DB (Downtown Business). A parking lot serves the building.

Key Highlights

  • 4,522 square feet across the first floor and full basement
  • DB (Downtown Business) zoning
  • 0.58‑acre parcel measuring 25,265 square feet

Property Analytics

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Current Use

Fox Management Group ... Property Management Company Busack Eye Center: ... Ophthalmologist Busack Eye Center Ophthalmologist 2nd Chance Bail ... Law Firm David Holland Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Auto Repair Shop Garden Center

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
Balanced
Demand for This Use

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

$20.1 /SF/Yr
Avg Asking Price
$12–$33 /SF/Yr
Price Range
6,027 SF
Avg Space Size

This space is priced 19% above the average of $20.1 /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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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Skylos Sports Medicine - Frederick — 434 Prospect Blvd, Frederick, MD 21701
  • Prospect Veterinary Clinic — 411 S Jefferson St, Frederick, MD 21701
  • Mc Clellan Veterinary Clinic — 142A W Patrick St, Frederick, MD 21701
  • Kellogg H Scott DVM — 142 W Patrick St # A, Frederick, MD 21701

Frequently Asked Questions

What type of property is this?
Medical Office Space - A brick building offers central air, high-speed internet, and a full basement for additional space.
Where is this medical office space located?
The property is located at 470 W PATRICK Street Frederick, MD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 4,522 square feet across the first floor and full basement; DB (Downtown Business) zoning; 0.58‑acre parcel measuring 25,265 square feet
More about this property
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