430 Pine Avenue offers a rare combination of in-place industrial income and long-term residential upside in one of East Frederick's transitioning corridors. The offering includes four structures totaling ±14,000 SF of gross leasable area across three lots (±2.67 AC), zoned M1 Industrial within the City of Frederick.
The existing improvements support a range of light-industrial, warehouse, and flex uses, giving an incoming owner-user or investor immediate, permitted utility — whether occupying the space directly or leasing it for in-place income.
Beyond its current use, 430 Pine Avenue sits within an evolving East Frederick corridor that is increasingly shifting toward residential and mixed-use development. To support that upside, ownership has commissioned three concept plans illustrating potential redevelopment paths — from 21 for-sale, alley-loaded townhomes, to 30 stacked 2-over-2 townhomes, up to a 59-unit, four-story multifamily building with 89 parking spaces. Each concept is a starting point only; any residential redevelopment would require rezoning and/or entitlement through the City of Frederick.
With direct frontage on Pine Avenue and a proposed East 5th Street extension shown in the concept plans, plus quick access to US-15, I-70, and I-270 toward the Washington, D.C. metro, the site is well positioned for buyers ranging from industrial owner-users to residential developers land-banking for future density.