Address
617 W Patrick Street W, Frederick, MD
Price
$ 2,500,000
Property Attributes
- MLS#MDFR2035480
- TypeCommercial
- CountyFREDERICK
- CityFrederick
- Zip21701
- StyleProfessional
- Year Built1979
- Taxes$ 33184
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.86 Acres
Data Source:
Bright MLS
Property Description
** NO CAP Rate, Majority Tenant is Owner Occupied** This multipurpose property features 41 Professional Offices Suites (18 main level & 23 upper level - - both with main level entrances) 2 Lobbies, 5 Conference Rooms, 3 Copier Rooms, 10 Storage Rooms, Telephone Closet, all Offices & Conference Rooms have at least 3 Telephone & 3 Data Lines Per Office, 132 network ports AND a 2 Large Networking Patios. Private Parking lot with spaces on the Upper and Lower Levels. Excellent Highway Access to Rt. 15, 340, 270 & 70 (bus stop at the corner). Building Tours Available by Appointment, Monday through Friday 9-5. *** 8 Full-Service Executive Office Suites Currently Available for Lease, ranging from 100 ft. to 320 ft. (larger amounts available, up to 12,000 ft. ). Lease Rates starting at $499 / Mo for a 2 Year Lease Suite Rentals include: Private Parking Lot with 37 Dedicated Spaces, Including Handicapped, Front Desk Attendant, Use of Conference Room, Use of Business Copier/Printer (Metered), Access to Kitchenette, Evening Janitorial Services, Internet/Wi-Fi, Secured Building.
| Price History | |
|---|---|
| 6/10/2023 | Listed $2,500,000 |
General Features
| Sewer | Grinder Pump,Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Ceiling Fan(s),Central A/C,Heat Pump(s),Zoned |
| Utilities | Cable TV Available,Multiple Phone Lines,Under Ground,Phone Connected |
| Possession | Settlement |
| Roof | Shingle |
| Zoning | RO |
| Security Features | 24 hour security,Desk in Lobby,Electric Alarm,Fire Detection System,Intercom,Main Entrance Lock,Monitored,Motion Detectors |
| Construction Materials | Combination,Brick |
| Year Built | 1979 |
| Electric | 120/240V |
| Property SubType | Office |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Professional |
| Building Name | NONE AVAILABLE |
| Accessibility | Other,32 + wide Doors,Ramp - Main Level,Wheelchair Mod,2+ Access Exits,36 + wide Halls,Doors - Lever Handle(s),Low Pile Carpeting,Level Entry - Main,Roll-under Vanity |
| County | FREDERICK |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Bus Stop less than 1 mile |
| Status | ACTIVE |
| Directions | Located at the corner of West Patrick and Kline Blvd. |
| ModificationTimestamp | 2024-03-29T09:44:18 |
| City | FREDERICK |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Owner RE Licensee |
| Zoning Description | Residential Office |
| Total Units | 1 |
| Lot Size Square Feet | 81022.00 |
| Tax Assessed Value | 1845900.0 |
| Waterfront Y/N | No |
| Street Name | PATRICK |
| Tax Annual Amount | 33184.0 |
| Property Condition | Very Good |
| Price Per Sq Ft | 186.01 |
| Acceptable Financing | Cash,Bank Portfolio,Conventional,Exchange |
| Vacation Rental Y/N | No |
| Virtual Tour | http://viewer.inviewtours.com/mls/4565/FR6467215.html |
| Days on Market | 326 |
| Location Type | Free Standing |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 1 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Partially Carpeted,Tile/Brick,Wood |
| Hot Water | Electric |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Lighted Parking,Handicap Parking,Paved Parking,Private |
|---|---|
| Lot Features | Road Frontage,Rear Yard,Private,Trees/Wooded |
| Water Source | Public |
| Total Parking Spaces | 37 |
| Type of Parking | Parking Lot,Driveway |
| Land Use Code | C |
| Foundation Details | Block,Slab,Permanent |
| Water View Y/N | No |
| Building Area Total | 13440.00 |
| Lot Size Acres | 1.86 |
| Road Surface Type | Access - Above Grade,Access - On Grade,Black Top,Paved |
| Road Frontage Length | 350 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 703800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | Yes |
| Car Parking Spaces | 37 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21701
Price
Taxes
Visits
Year Built
Walkscore
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