N. Market Venture LLC Acquires Retail Space At 105-107 North Market Street For $26M

The transaction involved a retail asset located at 105-107 North Market Street in Frederick, MD. The property was sold for $26,000,000, covering a square footage of 12,000 with a price per square foot of $2,167.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $26,000,000
• Buyer: N. Market Venture LLC
• Seller: Wasley Family
• Broker Representatives: Henry Deford, Corey Caputo & Tim Harrington - MacKenzie Commercial Real Estate Services
• Sale Date: 10/09/2025
• Market: Frederick, MD

The brokerage firm MacKenzie Retail facilitated the sale, which included the buildings that previously housed Firestone’s Culinary Tavern and Sidecar Bar. The new ownership group, N. Market Venture LLC, plans to launch a similar restaurant concept named Fire & Oak, aiming for a mid-November opening. The owners bring experience in local restaurant operations and intend to honor the legacy of the former establishments with Modern American cuisine and a bar.