Exhibit 23.1

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Consent of Independent Registered Public Accounting Firm

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Medalist Diversified REIT, Inc. and Subsidiaries

Richmond, Virginia

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We hereby consent to the incorporation by reference in the Registration Statement of Medalist Diversified REIT, Inc. on Form S-8 (No. 333-228674 and 333-238483) and Form S-3 (No. 333-257238) of our report dated March 6, 2024, relating to the consolidated financial statements as of December 31, 2023 and 2022 and for each of the years in the two-year period ended December 31, 2023, and the related notes and schedule III, which appears in the Company’s annual report on Form 10-K.

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/s/ Cherry Bekaert LLP

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Richmond, Virginia

March 6, 2024