302 4th St Frederick, MD 21701-5708
This exceptional income-producing commercial property, located in the heart of Frederick's business district, presents a unique investment opportunity. The main building, a three-story office building with a full basement, offers 5,699 square feet of space and is currently leased until June 30, 2026, ensuring immediate cash flow. The building is in good condition and features central gas heating and electric air conditioning systems, both in excellent working order. A fully functional security system enhances the property's safety and security. Adding to its versatility, a substantial 40 x 45 foot pole building provides ample storage and shop space, ideal for various business needs. The property sits on a half-acre lot (0.5 acres), zoned M-1 Light Industrial, offering flexibility for future development or expansion. Detailed lot information, including Lot 2, is available upon request. Showings are available weekdays between 8 AM and 5 PM. This is a rare opportunity to acquire a well-maintained, income-generating property in a thriving business location. Don't miss out on this chance to own a piece of Frederick's commercial landscape.
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Talon Construction Inc Construction Company
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
DR · Frederick, MDFrederick. Always verify with local authorities before improvements.
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.