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    14 Patrick St Frederick, MD 21701

    Sponsored
    For Lease
    $20 SF/Yr

    Historic Charm, Modern Amenities, Flexible Suites

    Lot size:
    25,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 14 W Patrick Street in the heart of Downtown Frederick, Maryland, offers a unique blend of historic charm and modern functionality. Comprising two buildings with a total of 25,500 square feet, this Class B property boasts nine suites, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 25,500 square feet, making it ideal for a variety of businesses. Originally built in 1880 and extensively renovated in 2008, the property features three stories and provides ample parking with 30 spaces. The building is equipped with elevators for convenient access to all floors. Its versatile zoning (Commercial/Residential) allows for diverse uses, including traditional office, executive office, medical office, creative office, data center, gym, banking, interior core retail, and even event space. Located near the intersection of West Patrick Street and Market Street, this prime location offers excellent visibility and accessibility. The property's multiple tenancy option allows for flexibility in leasing arrangements, catering to businesses of various sizes and needs. This is a rare opportunity to secure a prominent space in one of Downtown Frederick's premier commercial buildings. Contact us today to learn more about the available suites and leasing options.

    Property Features for 14 Patrick St

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,500 SF
    Class
    B
    Total Rate
    42500

    Building Details

    Year Built/Renovated
    1880/2008
    Buildings
    2
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    1,900 SF
    Rate per SF
    $20
    Space
    Available Space 6
    Size
    4,000 SF
    Rate per SF
    $20
    Space
    Available Space 5
    Size
    4,000 SF
    Rate per SF
    $20
    Space
    Available Space 4
    Size
    1,500 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Delizia Café Italian Restaurant Glo Fiber Internet Service Provider Crash and Catharsis Rage ... Event Venue Delizia Cafe' Cafeteria First Command Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.41149063
    Latitude
    39.41419387

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    FAQs

    What type of property is this?
    Wedding venue - Historic Charm, Modern Amenities, Flexible Suites
    Where is this wedding venue located?
    The property is located at 14 Patrick St Frederick, MD.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    Request Owner's contact information
    14 Patrick St Frederick, MD 21701
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    Frederick, MD 21701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 Patrick St Frederick, MD 21701
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