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23-25-27 S Market Street Frederick, MD $ 1,700,000
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23-25-27 S Market Street
$ 1,700,000
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23-25-27 S Market Street

Frederick, MD, 21701
$ 1,700,000
Bedrooms-- Baths-- Sq 4,358

Monthly Estimate*

$ 10,467

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Commercial Property for sale in Frederick, MD

for $1,700,000. This 4,358 square foot building was built in 1890 on a lot size of 0.05.

Seize this rare opportunity to own a leased mixed-use property in one of Downtown Fredericks most desirable and walkable locations. This historic buildinghome to the iconic Landis Jewelers for decadesoffers a strong income-producing portfolio with two established commercial storefronts (currently a boutique purse/apparel shop and a florist) and three residential apartments above. Positioned just steps from Carroll Creek and surrounded by Fredericks vibrant restaurants, breweries, boutiques, festivals, and year-round events, this property benefits from consistent foot traffic and high visibilityan ideal setup for long-term tenant demand and rental stability. Investors will appreciate the diversified income stream and the added convenience of six leased off-street parking spaces, a highly sought-after asset in the downtown core. Whether youre looking to expand your portfolio with a stabilized, income-producing property or secure a landmark building in a thriving market, this offering presents both immediate returns and long-term appreciation potential. Shown by appointment only. Contact the listing agent or co-listing agent for additional details.

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Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 10,834

Style

Apartment Building,/General Retail

Lot Size

0.05

Year Built

1890

Town/City

Frederick

County/Region

Frederick

MLS | Web ID

MDFR2076798
Features
Interior
Heating Fuel Natural Gas
Hot Water Bottled Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling Ceiling Fan(s) Window Unit(s) Wall Unit
Possession Subject to Existing Lease
Roof Flat Rubber
Zoning DB
Construction Materials Brick Veneer
Year Built 1890
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Frederick City
Business Type Apartment Building Other/General Retail
Accessibility None
County FREDERICK
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Bar/Tavern/Lounge Barber/Beauty Beer/Wine/Liquor Clothing Commercial Dry Cleaner Florist/Nursery Food & Beverage Laundromat Liquor Store Multi-Family Office Printing Professional S
Water Access Y/N N
Status ACTIVE
Directions From W. South Street left on S. Market on your left. Still has the Landis Jewelers sign.
City FREDERICK
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 2139.00
Tax Annual Amount 10834.0
Price Per Sq Ft Total AG 390.09
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 1
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4358.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 209600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 23
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

chris.reeder@longandfoster.com

Email

Affordability Calculator

$11,370
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,467
Monthly Property Taxes
$903
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2026$1,700,000 Listed Price

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23-25-27 S Market Street, Frederick, MD, 21701 is a Commercial Property for sale at $1,700,000 with 4,358 sqft and a lot size of 0.05. 23-25-27 S Market Street was built in 1890. The property's zip code is 21701 which is in Frederick, MD

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