51 S Market St

Fitzgerald Realty Group, Inc. (“FRG”) is proud to offer, as the exclusive representative of the owner, a once in a generation opportunity to
acquire the premier restaurant location and the long standing Frederick institution, La Paz Restaurant. Since its establishment in 1978, La Paz has been an award winning Frederick favorite among visitors and locals alike. After 46 years, the founders are ready to enjoy retirement and have a strong desire to see the business continue serving Frederick. Fitzgerald Realty Group, Inc. is assisting with the transition and we are interested in speaking with parties who have an interest in:
1) Acquiring both the business and real estate of La Paz
2) Acquiring the La Paz restaurant business to operate as a tenant at the
existing property
3) Acquiring the real estate portion of the operation
With its extremely high visibility and corner location along the Carroll Creek Promenade, this is a unique opportunity to acquire what is widely considered to be the best restaurant location in downtown Frederick. The property also enjoys an incredibly popular patio for outdoor dining with a southern exposure along the creek. The patio is not fee simple to the property, but operated under agreement with the city of Frederick. The Carroll Creek Promenade hosts dozens of events & festivals throughout the year, generating an extraordinary amount of foot traffic. The property at 51 S Market St features 6,200± SF above grade plus a nearly full basement. Built in 2005, the building enjoys the benefits of modern construction, plumbing, HVAC, electric, masonry and elevator.