Property

Thurmont, MD 21788

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Presented By: Tomlinson Real Estate LLC
  • MLS# MDFR2073062
  • 11/06/2025
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  • Beds • 2

Home Details

Prime investment opportunity in the center of Thurmont with this well-maintained, mixed use property consisting of a large commercial space and 2 - 1 bedroom apartments. It is strategically positioned for maximum visibility and accessibility with storefront right on Main St. Constructed with durable materials and sporting a new roof (2025), this property boasts a solid foundation for long-term growth. The commercial space currently houses a non-profit. Ideal for an owner/operator, the versatile and customizable space is suitable for several types of professional or retail businesses. Both apartments shine with hardwood floors, full kitchens, lot of light filled space and access to washer and dryer. With a good overall condition, and full occupancy, this property is poised for minimizing downtime and maximizing cash flow. The on-street and off-site public parking options enhance accessibility for clients and tenants alike. Owner pays for essential services such as heat and water/sewer services, streamlining operational costs and improving your bottom line. This property is not just a space; it's a strategic asset that can yield significant returns in a thriving market. 1, 5 and 7 E Main St are also for sale giving the chance to own the entire corner block. Don't miss the chance to capitalize on this investment-schedule a viewing today!
Presented By: Tomlinson Real Estate LLC

Interior Features for

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelElectric, Oil
Heating Y/NYes
Hot WaterElectric
Laundry TypeCommon

General for

Acceptable FinancingBank Portfolio, Private, Cash, Other
AccessibilityNone
Architectural StyleOther
Cap Rate9.00
CityTHURMONT
Construction MaterialsCombination
Cool FuelElectric
CoolingWindow Unit(s)
CountyFREDERICK
DirectionsGPS
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Lead Inspection Certificate Available, Owner RE Licensee, Prop Disclaimer
ExclusionsTenants personal properties
Garage Y/NNo
HeatingBaseboard - Electric, Radiator
Home Warranty Y/NNo
Lease TypeMonth to Month, Long Term
Living Area3450
Lot Size Square Feet1307.00
Lot Size UnitsSquare Feet
Net Operating Income21374.00
New ConstructionNo
Number Of Units Total1
Number of Units Leased3
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionCoin w/Sell Sett
Price Per Sq Ft Total AG72.43
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictFREDERICK COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOver Storefront
Tax Annual Amount3282.0
Tax Assessed Value220300.0
Tax Year2025
Total Actual Rent31199.00
Total SQFT3450
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningTB

Exterior for

Land Assessed Value65000.00
Lot Size Acres0.03
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOn Street, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $249,900
MLS#MDFR2073062
List Date 11/06/2025
Property Type Multi-Family
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