5716 Industry Lane # A2 Frederick, MD ^$ 495,000

5716 Industry Lane # A2

^$ 495,000

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5716 Industry Lane # A2

Frederick, MD, 21704

^$ 495,000

Studio Baths0.0 Sq 2,248

Monthly Estimate*

^$ 3,458

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Studio

Commercial Property for sale in Frederick, MD

for $495,000. This 2,248 square foot building was built in 1987.

floor plans attached-outstanding condition 2248 sq ft zoned light industrial with 5 offices 1.5 baths, kitchenette, wet room, warehouse at rear with 14' overhead door at grade and 21' ceilings, includes shelving and Komatsu lift truck. Ideally located just off routes 270 and 70 on Industry Lane. Condo fees= $589.30/qtr, reserve fee = $179.80/qtr; condo fee includes CAM, trash, snow removal, reserve fee to cover roof replacement, skylights, etc. w/s has averaged $80/qtr per owner. This has been an owner-user occupied property. Office space utilizes HVAC and warehouse has a gas blower and a/c vents. The building also features sprinkler system.

Commercial Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,030

Style

Manufacturing,/General Retail,Warehouse

Year Built

1987

Town/City

Frederick

County/Region

Frederick

MLS | Web ID

MDFR2044080

Features

Interior

Heating Fuel Natural Gas Electric

Hot Water Electric

Heating Y/N Y

Street Suffix LANE

Central Air Y/N Y

Total Restrooms 2

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Utilities Natural Gas Available Electric Available

Possession Settlement

Zoning LI

Construction Materials Brick Block

Year Built 1987

Unit Number A2

Property SubType Other

Tax Year 2023

Percent Ownership Condominium

Cool Fuel Electric

Business Type Manufacturing Other/General Retail Warehouse Other

Building Name FISHMAN INDUSTRI

Accessibility None

County FREDERICK

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Industry Ln between Grove Rd and Guilford Dr

City FREDERICK

Buyer Agent Compensation 2.5

Zoning Description Light Industrial

Total Units 1

Waterfront Y/N N

Street Name INDUSTRY

Tax Annual Amount 3030.0

Property Condition Excellent

Price Per Sq Ft 220.2

Lease Considered Y/N N

Vacation Rental Y/N N

Days on Market 77

Location Type Business Park

Standard Status Active

Year Built Source Assessor

Tax Lot A2

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Inclusions all items remaining in the building convey including remaining office furniture lift truck and shelving etc.

Type of Parking Driveway

Water View Y/N N

Building Area Total 2248.00

Other Equipment See Remarks

Land Assessed Value 85300.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 5716

* Excluded Features

List By

Long & Foster Real Estate, Inc.

Broker

robwhalen@att.net

Affordability Calculator

$3,710

Per Month

Monthly Principal & Interest: $3,458
Monthly Property Taxes: $253
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Frederick, MD

Average List Price ^$1,875,188

Percent of Sale Price 279%

About Frederick, MD

73,627 Population

32% Since 2002

^$68,163 Median Income

37.77 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/21/2024	$495,000	-10.00%	Price Down
1/31/2024	$550,000		Listed Price

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5716 Industry Lane # A2, Frederick, MD, 21704 is a Commercial Property for sale at $495,000 with 2,248 sqft. 5716 Industry Lane # A2 is a studio with 0.0 baths and was built in 1987. The property's zip code is 21704 which is in Frederick, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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5716 Industry Lane # A2

Commercial Property for sale in Frederick, MD

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