Frederick, MD 21701,116 RECORD ST
Frederick, MD 21701,116 RECORD ST
Frederick, MD 21701,116 RECORD ST
23
Listed by Robert I Scheer • Scheer Partners, Inc.
Bought with Christopher T. Kline, Jr. • Frederick Commercial Real Estate, LLC
$2,128,000
$2,250,000
5.4%
Est.Price: ?

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17,640 SqFt

116 RECORD ST Frederick, MD 21701

Est. payment /mo
SOLD DATE : 02/17/2023

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Key Details

Sold Price $2,128,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 17,640 sqft

Price per Sqft $120

MLS Listing ID MDFR2027536

Sold Date 02/17/23

Year Built 1938

Annual Tax Amount $25,967

Tax Year 2022

Lot Size 0.405 Acres

Acres 0.4

Lot Dimensions 98.00 x

Property Sub-Type Office

Source BRIGHT

Property Description

116 Record St is a beautifully-appointed property available for sale. It would make an ideal space for an office or professional business, as well as limited retail uses. The new owner could occupy the entire building, or lease the lower level back to the Seller to generate income. The building was constructed in 1938 to house the C. Burr Artz library and has been used for various residential and commercial purposes over the years. The building has been extensively upgraded- features include a new roof, 6 new mechanical units, ramp and lift for ADA access (upper level only), and a $400,000+ interior renovation. There are 4 private parking spaces on the property, a rarity for Downtown Frederick. The interior features a stunning fusion of the old library millwork with new glass partitions and modernized building systems. The property is surrounded on 3 sides by meticulously maintained lawns, perfect for outdoor lunch breaks or sitting areas. The property is a short walking distance from all the amenities Market St has to offer. This is a rare opportunity to own a freestanding commercial building in Downtown Frederick. The owner would also consider a longterm lease to a tenant. A full Offering Memorandum is available for review for qualified buyers- please contact Joe Donegan or Andrew Borsa for more information.

Location

State MD

County Frederick

Zoning DBO

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Slate

Accessibility Chairlift

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Frederick County Public Schools

Others

Tax ID 1102025000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Zachary Foust

Zachary Foust

Team Leader | License ID: RS-0024322

+1(302) 503-6647

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