Property summary
Thurmont Plaza, located at 224 N Church St, Thurmont, MD 21788, presents a compelling retail investment opportunity. This single-story, 33,555 square foot Class B center, built in 1971, sits on a 3.14-acre lot and boasts a diverse tenant mix of national and local businesses. The property offers ample parking with 252 spaces, ensuring convenient access for customers. Currently, 15,634 square feet of space is available, with units ranging from 1,165 to 9,395 contiguous square feet. The entire building is also available for lease (33,555 sq ft). The property is zoned GB and enjoys a prime location in the heart of Thurmont, easily accessible via Emmitsburg Rd. The building features no elevators. This property offers a unique chance to establish or expand your retail presence in a thriving Maryland market within the Frederick submarket cluster. The property's strategic location and substantial parking make it an attractive destination for shoppers and businesses alike. This is a rare opportunity to acquire a significant retail presence in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
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Hair Salon
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Marketing & Advertising
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Interior Design Home Decor Store
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Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Support Structures: Permitted in the TB, GB, I, OI & OS Districts B. Co-location on existing Towers: Permitted in all districts. C. New Towers: Permitted in the I, OI, and OS Districts. §4.3.4 APPLICATION REQUIREMENTS AN…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GB · Thurmont, MDSupport Structures: Permitted in the TB, GB, I, OI & OS Districts B. Co-location on existing Towers: Permitted in all districts. C. New Towers: Permitted in the I, OI, and OS Districts. §4.3.4 APPLICATION REQUIREMENTS AN…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Support Structures: Permitted in the TB, GB, I, OI & OS Districts B. Co-location on existing Towers: Permitted in all districts. C. New Towers: Permitted in the I, OI, and OS Districts. §4.3.4 APPLICATION REQUIREMENTS AN…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GB in Thurmont, MD.
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