1160 Spa Rd - Office CONDO FOR SALE


Annapolis, MD 21403
$795,000 USD
410-707-2526
1160 Spa Rd, Annapolis, MD for Sale
$795,000 USD
Office CONDO - FOR SALE
1/15
null | Request Cap Rate

Dec '25


1160 Spa Rd
Annapolis, MD 21403


OVERVIEW

Professional Office Condo available For Sale (Owner-Occupied/Investment) with ample on-site parking & ease of access to major highway and local arterial roadways, including minutes to downtown Annapolis. Many nearby local amenities including: Sweethearts Patisserie, Dead Rise Bagels, Grapes Wine Bar, Little Italy, and more... Comprises 3 condo units (2A, 2B, and 2C) totaling approximately 3,000 SF +/- **- Owner can occupy up to 3,000 SF ± or has ability to lease additional space for additional income** - Shared Hot Water Heater and HVAC systems - Condo Fees: $300/month (per unit) - Asking Price: $795,000 - Unit 2A (750 SF+/-): Currently tenant-occupied (negotiable upon vacating and ability for new owner to lease ) - 2–3 private offices - Bathroom - Storage - Conference Room - Units 2B/C (2,250 SF+/-): Owner-occupied; will vacate upon sale/lease - Reception area - Kitchenette - Conference Room - 5 private offices (with potential to add an additional office) - 2 restrooms - Storage

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

7,800 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

P

APN/PARCEL ID

06-000-90045849,06-000-90045850

ASK ABOUT THIS PROPERTY

Brooke Austin-McAdamRosso Commercial Real Estate ServicesMore Info
410-707-2526

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Brooke Austin-McAdamRosso Commercial Real Estate ServicesMore Info
410-707-2526

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