500 W PATRICK STREET 2ND FLOOR, Frederick, MD 21701

Building Details

Year Built 1961 More

Listing Agency: Keller Williams Realty Centre Show Phone

Listed By: Robert J Krop · License #35299 Show Phone

Source: Cummingsrealtors

Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 3:44PM

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Investment Insights

Based on property information with market context.

Located at 500 W Patrick Street in downtown Frederick, this 3,395-square-foot storefront property occupies the second floor of a commercial building constructed in 1961. The building is under new ownership.

Key Highlights

• 3,395 square feet on the second floor
• Built in 1961
• Downtown Frederick address on W Patrick Street

Property Analytics

Current Use

First Cash Pawn Discount Store Zenobia Lounge Bar & Pub

Suggested Use

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

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

1,262

Businesses Nearby

4k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Home Improvements & Furnishings 34% Apparel 16%

Southern States Home Improvements & Furnishings

1,436 visits/mo 0.2 miles

Napa Auto Parts Shops & Services

1,386 visits/mo 0.2 miles

CubeSmart Self Storage Shops & Services

739 visits/mo 0.4 miles

Talbots Apparel

666 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

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?

Storefront property - The upper-level premises occupy a downtown Frederick commercial building dating to 1961.

Where is this storefront property located?

The property is located at 500 W PATRICK STREET 2ND FLOOR Frederick, MD.

What is the asking price?

The asking price for this property is $50,925.

What are key features of this property?

This property features: 3,395 square feet on the second floor; Built in 1961; Downtown Frederick address on W Patrick Street