Frederick, MD 21701,407 JEFFERSON ST S
Frederick, MD 21701,407 JEFFERSON ST S
Frederick, MD 21701,407 JEFFERSON ST S
$480,000
Est. payment /mo
$595,000
19.3%
Est.Price: ?

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2,600 SqFt
SOLD DATE : 02/21/2025

Key Details

Sold Price $480,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $184

MLS Listing ID MDFR2053106

Sold Date 02/21/25

Originating Board BRIGHT

Year Built 1980

Tax Year 1492

Property Sub-Type Retail

Property Description

Rare Opportunity In Downtown Frederick To Own A Long Standing 7 Day Class A Liquor, Beer, Wine & Lottery Business In A Vibrant Commercial Corridor Located In Prospect Plaza Shopping Center Which Is Adjacent To MD Routes 15, 270 & 340. Other Class A Tenants Within Prospect Plaza & General Area Include McDonald's, Duncan Donuts, Subway, Dollar Tree , Popular Asian Restaurant, Pizza Hut, The Lube Center, CVS, EXON Gas Station, & More ! Current Owner/Proprietor Has Been At This Location For Approximately 28 Years Occupying Approximately 2600 SQ/FT Of Retail Space With 2 Rest Rooms & Updated Refrigeration Systems With Oversized Walk In Cooler, Display Shelving & A Wide Variety Of Active Inventory With An Approximate Value of (+/-) $250,000.00. Total Electric Service For HVAC Averages Between $800 and $1200 Per Month Depending On Seasonal Demands. Abundant & Convenient Customer Parking Plus Oversized Parking/Delivery Area In Rear Of Shopping Center. Successful Established Business Model Serving The Local Community Since About The 1990's. Current Owner Is Retiring & Willing To Consider Training A New Business Owner.

Location

State MD

County Frederick

Zoning RETAIL BUSINESS

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Other

Heat Source Electric

Exterior

Garage Spaces 101.0

Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available

Water Access N

View Street

Roof Type Other

Street Surface Black Top

Accessibility None

Total Parking Spaces 101

Garage N

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Call School Board

Middle Schools Call School Board

High Schools Call School Board

School District Frederick County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Other

Security Features 24 hour security

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joseph B Powell • Real Estate Teams, LLC
Bought with Unrepresented Buyer • Unrepresented Buyer Office
agent

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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