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23 E Frederick St
Walkersville, MD 21793

$550,000 USD

Office Condo For Sale  •  1,600 SF

Property Details

  • Property Type Office
  • Total Building Size 1,600 SF
  • Lot Size 0.26 AC
  • Building Class B
  • Year Built 1987
  • Tenancy Multiple
  • Zoning B1
30 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 4 Office 1,600 SF $550,000 USD
  • Unit Size: 1,600 SF
  • Condo Use: Office
  • Price: $550,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $343.75 USD
Description
The unit has 4 offices and a reception area. Potential subdivision as space has 3 entrance/exit doors. Seller would like a leaseback until September 2027 (negotiable).

Sale Notes
Welcome to 23 E. Frederick Street in Walkersville, a well-maintained condominium offering an exceptional opportunity for investors, buyers seeking immediate rental income, and owner/users. 

Seller requests a leaseback through September 2027, allowing for a seamless transition with a reliable occupant already in place. This unique arrangement provides predictable income while eliminating the need to secure a tenant after closing.

Whether you're looking to expand your investment portfolio or purchase a property with built-in occupancy, this condo presents a rare opportunity in a desirable Walkersville location.

Description 

Welcome to 23 E. Frederick Street in Walkersville, a well-maintained condominium offering an exceptional opportunity for investors, buyers seeking immediate rental income, and owner/users. 

Seller requests a leaseback through September 2027, allowing for a seamless transition with a reliable occupant already in place. This unique arrangement provides predictable income while eliminating the need to secure a tenant after closing.

Whether you're looking to expand your investment portfolio or purchase a property with built-in occupancy, this condo presents a rare opportunity in a desirable Walkersville location.

Major Tenants

Tenant SF Occupied Lease End Date
Dale Clabaugh-State Farm Insurance Agent

Public Transportation

Commuter RailDriveWalkDistance
15 min - 7.3 mi
20 min - 10.0 mi
AirportDriveWalkDistance
Hagerstown Regional/Richard A Henson Field 52 min - 35.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Ashleigh Rossi 703-507-1069 MacRo Ltd.
Ashleigh Rossi 703-507-1069 MacRo Ltd.