500 Patrick St Frederick, MD 21701
- Investment properties
- 7,880 SF
- 0.95 lot acres
Current Use by Public Records
- First Cash Pawn / Pawn Shop
- Zenobia Lounge / Hookah Bar
Property Details for 500 Patrick St
- Year built
- 1961
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.95 lot acres
- Property size
- 7,880 SF
- Zone code
- DB
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 02-135132
- APU
- 2135132
Description
This exceptional retail pad site, located at 500 W Patrick St, Frederick, MD 21701, presents a rare opportunity for businesses seeking high visibility and a thriving location. Zoned Downtown Business (DB), this single-tenancy pad site is ideal for retail or restaurant use. The property boasts unparalleled access to the vibrant heart of Downtown Frederick, a bustling area known for its unique boutiques, diverse dining options, and rich cultural experiences. Its proximity to scenic parks, including the Carroll Creek Promenade, offers a desirable work-life balance. Furthermore, the site benefits from its close proximity to key attractions such as the Delaplaine Arts Center, the National Museum of Civil War Medicine, and the Frederick Fairgrounds, ensuring high foot traffic and exposure. Frederick's significant growth over the past decade, ranking among the highest in the Washington, DC MSA, makes this an exceptional investment opportunity in a rapidly expanding market. The cross street is W South Street. This property offers an unparalleled chance to establish a successful business within a dynamic and amenity-rich environment. The site's strategic location and zoning make it perfectly suited for a variety of retail or restaurant concepts.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frederick
- County
- Frederick
- State
- Maryland
- Longitude
- -77.4254
- Latitude
- 39.413
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA