When small business owners Dan and Kim of The Bakehouse dreamed of expanding their beloved bakery in downtown Frederick, they didn’t just need more square footage—they needed a partner who could walk with them through the complex path of buying commercial real estate in a tight market.

That’s where Verita Commercial Real Estate (VCRE) came in.

This story isn’t about a grand opening or a ribbon cutting—at least not yet. It’s about the steps before that. It’s about the search, the planning, the due diligence, and the team effort it takes to bring a business vision closer to becoming reality.

And it’s about what it looks like when a local business pairs its ambition with a local commercial real estate expert who knows how to get things done.

Starting with a Vision and a Conversation

VCRE Sales Associate, Justin Saltzman had been a regular customer at The Bakehouse for years, often chatting with Dan and Kim during early morning pastry runs. Like many small business owners in downtown Frederick, they had started to outgrow their space.

They knew they wanted to stay downtown, own rather than lease, and create a space that could better serve their growing customer base. But in Frederick’s historic district, especially for those looking to purchase instead of rent, available inventory is limited.

That didn’t deter Justin. With their vision in mind, he got to work helping them explore what was possible.

Finding the Right Fit in a Limited Market

Over the course of nearly two years, Justin and the Bakehouse team toured more than a dozen properties. Many of them weren’t quite right. Some were too small. Others lacked the charm and accessibility they wanted.

But then, a unique opportunity came up—a bare but promising space just further up Carroll Creek from their current location. The building’s previous owner hadn’t moved forward with any plans, so the interior was essentially a clean slate. That blank canvas, combined with its proximity to Carroll Creek and walkability from their current location, made it a strong candidate.

The building offered enough space to double the size of their kitchen and add more seating, both of which were high on their wish list. Most importantly, it gave them the potential to own a property in the heart of the city they love and serve.

Building the Right Team for the Job

Once Dan and Kim decided to move forward, VCRE’s role evolved from property search to project coordination.

VCRE introduced them to key professionals to support the due diligence phase—including Architects, and local mechanical, electrical, and plumbing (MEP) engineers. Given the property’s historic location, it was essential to work with partners who understand the city’s requirements and could help navigate them smoothly.

While Dan and Kim didn’t need finalized plans at the time of their offer or loan application, they wisely chose to involve general contractors early on. During due diligence, two firms were invited to walk the space and give estimates on construction costs. 

VCRE provided helpful introductions here as well, drawing from its deep bench of local connections. Although Dan and Kim had experience with one of the firms from their current bakery, and chose a contractor after carefully evaluating both bids.

This kind of matchmaking—pairing business owners with the right local vendors, engineers, and professionals—is one of the ways VCRE helps keep projects moving forward, especially for clients who are focused on running their businesses day-to-day.

Coordinating with Local Stakeholders

VCRE’s involvement didn’t stop with introductions. Justin supported the Bakehouse team as they engaged with the City of Frederick and the Downtown Frederick Partnership. Both groups are vital in projects involving older buildings or changes to commercial use in the historic district.

These conversations are often technical, and the process can be intimidating for small business owners. Having an experienced commercial real estate partner who knows the local process—and more importantly, knows the people—can make all the difference in keeping things on track.

In addition to those planning conversations, VCRE helped coordinate meetings with engineers and designers to ensure all necessary updates and code requirements were understood before closing. This proactive approach helps avoid costly surprises down the road and gives lenders more confidence in the borrower’s preparedness.

Financing the Dream

Securing a commercial loan for a property that still needs work isn’t always straightforward. But VCRE helped guide the Bakehouse team through that process as well, working alongside local lender Woodsboro Bank to ensure the financial side aligned with the project timeline.

Commercial lender Austin Pearre and closing officer Brianne Paugh handled the lending and settlement process, bringing a smooth finish to a complex transaction. The entire team worked collaboratively to ensure Dan and Kim felt supported, informed, and in control at every stage.

 

Looking Ahead to What’s Next

Today, Dan and Kim are working with their architect and contractor to finalize design plans and prepare for renovations. The space isn’t open yet—but every step they’ve taken so far reflects a business preparing to grow in the right way, with the right team.

VCRE remains close by, continuing to support the project as it progresses toward opening day. It helps that the new space is still within walking distance of VCRE’s own downtown office—Justin jokes that he’s already looking forward to grabbing his next scone there.

What stands out most in this story isn’t just the property or the location. It’s the partnership. Dan and Kim brought a clear vision, a trusted relationship with their community, and a deep passion for what they do. VCRE brought the local knowledge, the right connections, and the reliability to help them take the next step confidently.

VCRE: Helping Local Businesses Grow With Confidence

Every growing business needs more than just space—they need clarity, strategy, and trusted guidance.

VCRE is proud to be that partner. Whether you’re buying your first location, expanding to meet new demand, or seeking a property that fits your brand and goals, we’re here to help you get there.

Because for us, it’s not just about buildings. It’s about people, potential, and making sure your vision gets the chance it deserves.

Want to start your own story? Let’s talk.