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    FOR LEASE
    Turn key restaurants

    205 Frederick Rd, Thurmont, MD 21788

    4,140 SF 0.94 ac lot Built 1985
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US40-0452197
    Property summary
    AI-generated overview

    This exceptional 18,000 square foot freestanding retail and restaurant building presents a unique opportunity in the thriving Thurmont, Maryland community. Located directly across from a Weis grocery store, this property boasts unparalleled visibility and convenient access from US 15 via the Thurmont Boulevard interchange. The single-story building sits on a 3-acre lot and offers ample parking with 95 spaces. Currently, there are three suites available, with a minimum divisible space of 2,430 square feet and a maximum contiguous space of 6,300 square feet. A significant 12,906 square feet is currently vacant, providing flexibility for a variety of uses. The property is zoned GB (General Business) within Frederick County, allowing for diverse redevelopment options. The owner is open to considering a wide range of tenants and redevelopment proposals, making this an ideal location for established businesses or new ventures seeking high-traffic exposure in a growing market. Located approximately 17 miles north of Frederick, this property offers a strategic location for businesses seeking to tap into a strong regional customer base. The substantial lot size and existing infrastructure provide ample room for expansion or modification to suit specific tenant needs.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1985
    Construction BRICK
    Total area 4,140 SF
    Lot 0.94 ac (40,981 SF)
    Zoning code GB
    APN 15-354801
    UPID US40-0452197
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    205 Frederick Md LLC · 7 yrs held
    205 Frederick Md LLC
    since 2018
    4 recorded transactions
    2021
    2018
    $2.3M
    2007
    $685,896
    1969
    Zoning & alternative use
    GB · Thurmont, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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