1003 Patrick St Frederick, MD 21702-3939
This exceptional retail opportunity, Frederick County Square, presents 227,000 square feet of prime commercial space located at 1003 W Patrick St, Frederick, MD 21702, in Frederick County. The property is a multi-tenant community center offering five individual suites, with a range of sizes perfect for a variety of businesses. Currently, there are 15,784 square feet of vacant space available, divisible into units as small as 1,542 square feet, and offering contiguous spaces up to 6,006 square feet. This allows for flexibility to accommodate businesses of various scales and needs. The property's strategic location in Frederick, Maryland, provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The building's design and layout are conducive to a thriving retail environment, making it an ideal location for businesses seeking to establish or expand their presence in a vibrant and growing community. This is a rare opportunity to secure retail space in a well-established center with significant potential for growth and success. Contact us today to learn more about leasing opportunities and explore the possibilities for your business at Frederick County Square.
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Ollie's Bargain Outlet Discount Store
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UPS Access Point location Courier Service Postal Service
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Patrick Street Goodwill Retail Store and Donation Center Charitable Organization Social Service Agency
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ZIPS Cleaners (Bike/Boat/Book/etc) Store
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Gogigo Korean BBQ - Frederick,MD Korean Barbecue Restaurant Barbecue Restaurant
A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall residential dwellings in an MXE development include single family homes, townhouses, or duplexes. The multi-family residential element of the co…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Frederick, MDA. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall residential dwellings in an MXE development include single family homes, townhouses, or duplexes. The multi-family residential element of the commercial land use category shall be complimentary and proportionate in scale to the other uses to be developed within the commercial areas of the MXE, and to the development within the employment area of the MXE. City of Frederick §418 Mixed Use Employment Center Land Management Code 181 Article 4 Original Adopted Version, 7-21-05 Zoning (2) Recreational Passive and active recreational activities such as health club, tennis club, sports playing field, swimming pool, skating rink, indoor or outdoor theatre, jogging paths, parks and similar uses as permitted by the Planning Commission and which are consistent with the approved Master Plan. (3) Employment Uses that are permitted in either the MO or M1 employment districts are permitted in the MXE district. Uses that are permitted in only the M2 district, but excluded from both the M1 and MO districts, are not be permitted in the MXE District. (See § 404, Table 404-1 for permitted uses. (4) Civic/institutional and cultural Libraries, meeting halls, fire and rescue stations, post offices, government buildings, civic parks, memorials, amphitheaters, bandstands, museums, and similar facilities and uses as permitted by the Planning Commission and which are consistent with the approved Master Plan. (c) Land Use Mix Determination Land uses within an MXE shall be determined by the following criteria: (1) The relationship of the site to the Comprehensive Plan. (2) The gross acreage of the tract of land on which the MXE is proposed to be established. (3) Availability of existing and planned public services. (4) Access to existing or planned major thoroughfares and transportation systems. (5) Ability to serve the specific needs of the total site or project and the surrounding service area. (6) Physical characteristics of the site. (7) The amount of dedicated open space proposed within the MXE and adjacent thereto or nearby. (8) Compatibility with surrounding uses and the ability to provide for transition between different uses.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
