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Listed by (Chris) Reeder • Long & Foster Real Estate, Inc.
$1,500,000
Est. payment /mo
2,139 Sqft Lot
Price Dropped by $200K
23-25-27 S MARKET ST Frederick, MD 21701
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDFR2076798
Year Built 1890
Available Date 2026-02-17
Annual Tax Amount $10,834
Tax Year 2025
Lot Size 2,139 Sqft
Acres 0.05
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Seize this rare opportunity to own a leased mixed-use property in one of Downtown Frederick's most desirable and walkable locations. This historic building—home to the iconic Landis Jewelers for decades—offers 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 Frederick's vibrant restaurants, breweries, boutiques, festivals, and year-round events, this property benefits from consistent foot traffic and high visibility—an 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 you're 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.
Contact the listing agent or co-listing agent for additional details.
Location
State MD
County Frederick
Zoning DB
Interior
Hot Water Bottled Gas
Heating Hot Water
Cooling Ceiling Fan(s), Window Unit(s), Wall Unit
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Flat,Rubber
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 1102076365
Ownership Fee Simple
Special Listing Condition Standard

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