509 S Market St - Freestanding FOR SALE


Frederick, MD 21701
$725,000 USD
240-315-3103
509 S Market St, Frederick, MD for Sale
$725,000 USD
Freestanding - FOR SALE
1/32
null | Request Cap Rate

509 S Market St
Frederick, MD 21701


HIGHLIGHTS

  • 2,378 Square Feet on Two Levels
  • Fully-Leased
  • Core Downtown Frederick Asset
  • Private Parking Included
  • Historic Charm - Constructed in 1881

OVERVIEW

509 S Market St is an opportunity to acquire a fully-leased downtown Frederick asset. The building’s beautiful brick construction well-represents charming downtown Frederick. The first floor retail space is leased to Illuminate Beauty Studio and the upper level is currently occupied as a large one-bedroom apartment. The property boasts ample private rear parking which is a rarity in downtown Frederick. This offering is an amazing investor play in a premium location.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$305 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1872

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

DB

APN/PARCEL ID

02-092689

ASK ABOUT THIS PROPERTY

Andrew BorsaScheer PartnersMore Info
240-315-3103

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Andrew BorsaScheer PartnersMore Info
240-315-3103

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.