10 Annapolis St - Freestanding FOR SALE


Annapolis, MD 21401
$975,000 USD
410-353-1040
10 Annapolis St, Annapolis, MD for Sale
$975,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

10 Annapolis St
Annapolis, MD 21401


HIGHLIGHTS

  • Redevelopment opportunity in the village of West Annapolis.
  • Value is in the land.
  • B1 zoning permits retail, office & residential uses.
  • Could be assembled with adjacent parcel at 2 & 4 Annapolis St. for total of approximately 0.86 acres.
  • Some owner financing would be considered.
  • Easy access to/from Rt. 50 and downtown Annapolis.

OVERVIEW

Development opportunity in an established boutique shopping & business district at the gateway to West Annapolis. Value is in the land (approximately 15,000 sq. ft.) Being sold "as - where is." This 1,032 sq. ft. cottage with full unfinished basement was most recently occupied by a retail tenant...Tara's Gifts. Could be assembled with the 2 adjacent buildings at 2 & 4 Annapolis Street with 6 established retail & 2 residential tenants on approximately 22,500 sq. ft. parcel with rear parking lot accommodating 30+ parking spaces. Combined parcels total approximately 37,500 sq. ft. (0.86 acres). Gross rents for 2 & 4 Annapolis Street are $20,700/Mo. with annual escalations. Package price for both parcels is $4,000,000. B1 zoning permits offices, retail & residential uses.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

B1

APN/PARCEL ID

06-000-01285200

ASK ABOUT THIS PROPERTY

Dave WrightColdwell Banker Commercial NRTMore Info
410-353-1040

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Dave WrightColdwell Banker Commercial NRTMore Info
410-353-1040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.