Description of 16700 Frederick Rd, Mount Airy, MD 21771
Listing details for 16700 Frederick Rd, Mount Airy, MD 21771 : **MULTIPLE LOIs RECEIVED, HIGHEST AND BEST DUE MONDAY 5/11 @ 5PM**The Mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700–16708 Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot — all situated along the Frederick Road corridor with direct access to I-70.
The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event.
This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**
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Listing Updated : 05-04-2026 at 5:18 PM EDT
Listing Provided By : Vishal P Doddanna, 4437189646, [email protected], Keller Williams Realty Centre
Source :
Bright MLS, MLS#: MDHW2067066
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Property Details
Overview
Status
Active
MLS #ID
MDHW2067066
Price
$774,899
Bedrooms
Bathrooms
Square Footage
Acres
1
Year
1900
Days on Site
22
Property Type
Commercial Sale
Property Sub Type
MixedUse
Price per Sq Ft
$0
Date Listed
Apr 17, 2026
Community Information for 16700 Frederick Rd, Mount Airy, MD 21771