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Investment Highlights

  • Amazing development rights for expansion of the current structure
  • Zoned DB for versatile commercial, retail, or mixed-use potential

Executive Summary

ONE Street Commercial Properties is excited to present our latest listing.
**Prime Redevelopment Opportunity – 12-14 W. Patrick Street, Frederick, MD**
Located in the heart of historic downtown Frederick, 12-14 W. Patrick Street offers a rare and exciting opportunity for redevelopment, thanks to its prime location and Downtown Business Zoning classification. This zoning designation allows for a wide range of commercial, residential, and mixed-use developments, providing significant flexibility for investors and developers.
The property boasts exceptional visibility and accessibility, with high foot traffic and a vibrant mix of nearby dining, shopping, and cultural attractions. Positioned within walking distance to the Carroll Creek Promenade, local art galleries, and top-tier restaurants, this site is primed for a dynamic redevelopment project that could include retail spaces, office buildings, or even luxury residential units – all within a thriving and well-established community.
Frederick's growing economy, combined with its historic charm and modern amenities, presents a unique canvas for innovative development. With close proximity to major highways (I-70 and I-270) and just 50 miles from Washington, DC, this location offers unmatched connectivity for businesses and residents alike.
Whether you're looking to enhance the downtown skyline or create a mixed-use development that blends Frederick’s history with its future, 12-14 W. Patrick Street is the perfect location to turn your vision into reality. Don’t miss the chance to be a part of Frederick’s exciting growth and revitalization!
- 25,586 SF building with historic charm
- Amazing development rights for expansion of the current structure
- Zoned DB for versatile commercial, retail, or mixed-use potential
- Prime location in vibrant Frederick area

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
25,586 SF
Building Class
B
Year Built/Renovated
1925/2003
Price
$7,190,977 CAD
Price Per SF
$281.05 CAD
Percent Leased
55%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.32
Lot Size
0.25 AC
Zoning
DB - Downtown Commercial /Residential)It allows most office and retail activities as well as high density residential uses.
Parking
10 Spaces (0.39 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Banking
  • Skylights
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Catharsis Rage Factory
  • -
  • -
  • $13.70 CAD
  • Modified Gross
  • Oct 2027
  • Finance and Insurance
  • -
  • -
  • -
  • -

First Command Financial Services began in 1958 when Carroll Payne, a retired Air Force officer, identified a need for financial planning assistance among military families. The company started as United Services Investment Association and became First Command Financial Planning in 2001. First Command provides financial coaching through advisors who understand military life. Services include investment advice, insurance, and banking products. The company serves active-duty and retired military families.

  • Finance and Insurance
  • -
  • $30.82 CAD
  • Modified Gross
  • Jun 2032

Presidential Bank, FSB, was organized in 1985. Their main office is located in Bethesda, Maryland. They have branches located throughout the metro DC area. They are regulated by the U.S. Office of the Comptroller of the Currency as a federal savings bank and their deposits are insured by the Federal Deposit Insurance Corporation (FDIC). On October 6, 1995, Presidential® became the first bank in the United States to offer its bank accounts over the Internet. Beginning in 1997, Presidential was one of the earliest banks to offer online account statements and then real time PC banking services, such as current balance look-up capability and transfers between accounts.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Catharsis Rage Factory - - $13.70 CAD Modified Gross Oct 2027
Finance and Insurance - - - -
Finance and Insurance - $30.82 CAD Modified Gross Jun 2032

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 115
  • 1,600-1,900 SF
  • Office/Retail
  • -
  • Now

1900 SF built out as office and can be reduced to 1600 SF. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

  • 120
  • 1,500 SF
  • Office/Retail
  • -
  • Now

Build to suit 1st floor core space perfect for retail, medical or, office. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

  • 210
  • 4,000 SF
  • Office
  • -
  • Now

Beautiful fully built out modern office space with 9 private offices, one large conference room, reception area, and a common area work station. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

  • 3rd Floor
  • 4,000 SF
  • Flex
  • -
  • Now

4000 SF Shell perfect for event space, ready for a new tenant and available today. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

Space Size Space Use Position Available
115 1,600-1,900 SF Office/Retail - Now
120 1,500 SF Office/Retail - Now
210 4,000 SF Office - Now
3rd Floor 4,000 SF Flex - Now

115

Size
1,600-1,900 SF
Space Use
Office/Retail
Position
-
Available
Now

120

Size
1,500 SF
Space Use
Office/Retail
Position
-
Available
Now

210

Size
4,000 SF
Space Use
Office
Position
-
Available
Now

3rd Floor

Size
4,000 SF
Space Use
Flex
Position
-
Available
Now

115

Size 1,600-1,900 SF
Space Use Office/Retail
Position -
Available Now

1900 SF built out as office and can be reduced to 1600 SF. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

120

Size 1,500 SF
Space Use Office/Retail
Position -
Available Now

Build to suit 1st floor core space perfect for retail, medical or, office. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

210

Size 4,000 SF
Space Use Office
Position -
Available Now

Beautiful fully built out modern office space with 9 private offices, one large conference room, reception area, and a common area work station. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

3rd Floor

Size 4,000 SF
Space Use Flex
Position -
Available Now

4000 SF Shell perfect for event space, ready for a new tenant and available today. Please call, text, or email Kevin Brandes at 240.813.9344/kevin@onestreet.one with any questions!!!

Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Sandy Spring Bank
Atlantic Union Bank
Acnb Bank
Truist
Middletown Valley Bank
Stretch Zone
Crossfit
Smashburger
Waffle House

Property Taxes

Property Taxes

Parcel Number
02-028948
Land Assessment
$541,172 CAD
Improvements Assessment
$2,539,442 CAD
Total Assessment
$3,080,615 CAD
  • Listing ID: 34712814

  • Date on Market: 2025-02-04

  • Last Updated:

  • Address: 12-16 W Patrick St, Frederick, MD 21701

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