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    Walkersville, MD
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    Walkersville, MD Office Spaces for Sale

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    Frederick, MD New Market, MD Woodsboro, MD Union Bridge, MD Thurmont, MD Keymar, MD Rocky Ridge, MD Myersville, MD
    Office Condo Unit with Leaseback
    Updated: Jul 4
    Office Condo Unit with Leaseback

    23 E FREDERICK STREET Unit 4, Walkersville, MD 21793

    $550,000
    1,600 sqft
    Well‑maintained office condominium unit with a leaseback in place through September 2027
    Central air conditioning
    Heating system listed as "3"
    Year built: 1987
    Parking available (Lot.)
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    This listing looks promising.

    Here's a quick look at some key insights for

    23 E FREDERICK STREET Unit 4, WALKERSVILLE, MD 21793

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $29K
      Annual

    • Mortgage

      $240K
      Sep 2022

    • Property Type

      Office Building
      Built 1987
    View Property Analytics
    Office Condominium Investment Opportunity
    Updated: Jul 15
    Office Condominium Investment Opportunity

    23 E FREDERICK Street, Walkersville, MD 21793

    $550,000
    Brick condominium built in 1987
    Central air and heat pump (heating)
    On‑site parking lot
    Seller requests a leaseback through September 2027
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    Historic Mixed-Use Building with Three Units
    Historic Mixed-Use Building with Three Units

    19 W Pennsylvania Ave, Walkersville, MD 21793

    Contact for pricing

    Mixed-use property configured as three units, with two leased to professional businesses and street parking available.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 3 Active listings in Walkersville, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Office/Medical Building For Sale
    Freestanding Office/Medical Building For Sale

    195 THOMAS JOHNSON Dr, Frederick, MD 21702

    $3,250,000
    10,600 sqft

    10,600 SF office/medical building with on-site parking and natural light.

    View details
    Three-Level Office Condo Units
    Three-Level Office Condo Units

    57 Thomas Johnson Dr, Frederick, MD 21702

    Contact for pricing
    7,751 sqft

    Elevator-accessible office suites offer climate-controlled storage and building-wide utilities and maintenance through condo fees.

    View details
    Built-Out Medical Office Building
    Built-Out Medical Office Building

    900 Toll House Avenue, Frederick, MD 21701

    Contact for pricing

    Medical center built out with reception, waiting room, exam or office rooms, procedure room, and multiple private offices.

    View details
    Elevator-Served Office Condo Units
    Elevator-Served Office Condo Units

    57 Thomas Johnson Dr, Frederick, MD 21702

    Contact for pricing
    654 sqft

    Three-level office condo building with elevator access and climate-controlled storage for each unit.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hagerstown Land Near Medical Offices
    Hagerstown Land Near Medical Offices

    FREDERICK Street, Hagerstown, MD 21740

    $499,000
    1.39 AC lot

    Two lots available near medical offices, suitable for various uses.

    View details
    Commercial Lot in Gaithersburg, MD
    Commercial Lot in Gaithersburg, MD

    436-438 Diamond Avenue, Gaithersburg, MD 20877

    Contact for pricing
    0.35 AC lot

    0.345 acre commercial lot in Gaithersburg's retail district.

    View details

    Off-Market Properties in Walkersville, MD

    Consider similar Off-Market properties in Walkersville, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    27 Glade Rd
    OFFICE BUILDING

    27 Glade Rd, Walkersville, MD 21793

    $280,000
    Estimated value
    1,600 sqft 0.25 AC lot
    View details
    25 Frederick St, Unit 3
    MEDICAL BUILDING

    25 Frederick St, Walkersville, MD 21793-8234

    Unit 3
    $195,000
    Estimated value
    1,600 sqft 0.26 AC lot
    View details
    8505 Woodsboro Pike
    OFFICE BUILDING

    8505 Woodsboro Pike, Walkersville, MD 21793-8303

    $215,000
    Estimated value
    1,392 sqft 0.15 AC lot
    View details
    2 Frederick St
    OFFICE BUILDING

    2 Frederick St, Walkersville, MD 21793-8209

    $730,000
    Estimated value
    17,540 sqft 3.80 AC lot
    View details
    23 Frederick St, Unit 4
    OFFICE BUILDING

    23 Frederick St, Walkersville, MD 21793-8234

    Unit 4
    $225,000
    Estimated value
    1,600 sqft 0.26 AC lot
    View details
    31 Frederick St
    OFFICE BUILDING

    31 Frederick St, Walkersville, MD 21793-8255

    $385,000
    Estimated value
    4,100 sqft 0.75 AC lot
    View details
    15 Frederick St
    MEDICAL BUILDING

    15 Frederick St, Walkersville, MD 21793-8234

    $405,000
    Estimated value
    6,408 sqft 0.81 AC lot
    View details
    29 Glade Rd, Unit 2
    MEDICAL BUILDING

    29 Glade Rd, Walkersville, MD 21793-8523

    Unit 2
    $180,000
    Estimated value
    1,600 sqft 0.25 AC lot
    View details
    21 Pennsylvania Ave
    Office Spaces

    21 Pennsylvania Ave, Walkersville, MD 21793

    Value Estimation by Request
    View details
    29 Pennsylvania Ave
    DENTAL BUILDING

    29 Pennsylvania Ave, Walkersville, MD 21793-8549

    $290,000
    Estimated value
    720 sqft 0.34 AC lot
    View details
    8511 Nature Ctr Pl
    OFFICE BUILDING

    8511 Nature Ctr Pl, Walkersville, MD 21793-8300

    $470,000
    Estimated value
    1,672 sqft 22.52 AC lot
    View details
    Glade Blvd
    OFFICE BUILDING

    Glade Blvd, Walkersville, MD 21793

    $750,000
    Estimated value
    11,680 sqft 0.81 AC lot
    View details

    Walkersville, MD Office Spaces Market Trends and Statistics

    Explore 15 office spaces for sale in Walkersville, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for office spaces in Walkersville, MD average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 4

    Demographics Overview

    Population 11K
    Population Growth (5Y) +7.4%
    Median Household Income $128,504
    College Educated 55.2%

    High-Yield Neighborhoods for Investment

    Identify Walkersville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21793 $550K

    Taxes & Financing

    Tax Rate (average for all types) 1.23%
    Property Tax per SF $21.32 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Frederick County

    New Delisted

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