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241 E 4th St
Frederick, MD 21701 Downtown Frederick

$643,500 - $789,900 USD

Loft Creative Space Condos For Sale  •  974+ SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 50,414 SF
  • Lot Size 1.67 AC
  • Building Class B
  • Year Built 1910
  • Tenancy Multiple
  • Zoning DB
30 Transit Score
70 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 105 Office 2,848 SF $789,900 USD
  • Unit Size: 2,848 SF
  • Condo Use: Office
  • Price: $789,900 USD
  • Sale Type: Owner User
  • Price/SF: $277.35 USD
Description
This 2,848 SF Suite is on the First Floor and Contains:
  FIVE OFFICES,  CONFERENCE ROOM, 3 LARGE CUBIBLE AREAS,
  LARGE KITCHEN
  Nice Flooring, Air Conditioned and Heated.  Large Windows with Lots of Light.  
  Walking Distance to Downtown Frederick.
2nd Floor - Unit 204A Office 974 SF $643,500 USD
  • Unit Size: 974 SF
  • Condo Use: Office
  • Price: $643,500 USD
  • Sale Type: Owner User
  • Price/SF: $660.68 USD
Description
SUITE 204A contains 974 SF with One Office, One Large Open Area & a Kitchen
Beautifully Decorated Office Space in Historic Downtown Frederick.
44,840 SF Building on 1.49 Acres (64,620 SF).  DB Zoning.
SUITE 204A contains One Office, One Large Open Area & a Kitchen

Sale Notes
Glass Factory Suite 204A & 204B totals 1,974 SF / Suggested Sales Price $643,500.
Price Per Square Foot = $325.99.  NOI from 204B Leased @$21 SF = $20,454.00.
Income from Edward Jones = $24,600.  NOI - 204A&B Fully Leased = $45,054.
Cap Rate 7.0%

Description 

Beautifully Decorated 2,848 SF Office Space (No Retail) in Historic Downtown Frederick.  Five Offices, Conference Room,  Three Large Open Cubicle Areas, Large Kitchen   
44,840 SF Building on 1.49 Acres (64,620 SF).  DB Zoning. 
This East Street Location lies directly on the future main traffic corridor into the City of Frederick from a new Interstate 70 interchange.  
Ideal Location for Professionals to Live near their Business. 
One of only Five Cities or City Sections to receive a 2005 Great American Main Street Award, bestowed annually by the  
National Trust for Historic Preservation.  Walking Distance from Downtown Restaurants.   
Total of 61 Parking Spaces, 18 of which are currently assigned.

Highlights

Lots of Large Windows with Sunlight
Full Kitchen
Easy Access to Interstate 70 via East Street
Large Conference Room
FIVE OFFICES, CONFERENCE ROOM, 3 LARGE CUBIBLE AREAS, LARGE KITCHEN
Nice Flooring, Air Conditioned and Heated.

Property Flyers

Amenities

  • 24 Hour Access
  • Hardwood Floors
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
4 min 11 min 0.6 mi
9 min - 3.6 mi
AirportDriveWalkDistance
Hagerstown Regional/Richard A Henson Field 45 min - 30.5 mi
Washington Dulles International 69 min - 43.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Nancy Green 301-748-3321 Mackintosh Commercial
Nancy Green 301-748-3321 Mackintosh Commercial