80 Maryland AveAnnapolis, MD 21401

For Sale
$1,872,800

Prime Annapolis location, 5,162 sq ft, 100% leased.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 80-82 Maryland Avenue in Annapolis, Maryland, presents a compelling investment opportunity. The building, totaling 5,162 square feet, is currently 100% leased and boasts a prime downtown location. The first floor comprises two retail spaces, perfectly situated to capitalize on the high foot traffic of Annapolis' vibrant city center. The second floor features two apartments, offering additional income streams or potential for owner-occupancy. This property benefits from its proximity to City Dock, the United States Naval Academy, and the numerous restaurants and shops that define Annapolis' bustling downtown area. Annapolis attracts over two million visitors annually, ensuring a consistent stream of potential customers for the retail spaces and guests for any short-term rental opportunities. The asking price is $1,872,800, and seller financing is available for up to 25% of the purchase price, making this an attractive proposition for both investors and owner-users seeking a foothold in this thriving Maryland market. The property's blend of historical charm and modern functionality makes it a truly unique investment in a highly desirable location. This is a rare chance to acquire a fully leased, mixed-use building in the heart of Downtown Annapolis, a city known for its rich history, vibrant culture, and strong tourism economy. The property is located in Anne Arundel County, Maryland, with a zip code of 21401.

Highlights

  • Highly desirable Downtown Annapolis location.
  • Seller financing available up to 25% of purchase price.
  • Walkable to City Dock, Naval Academy, and numerous restaurants and shops.
  • Owner-occupancy potential.
  • High-traffic area with over 2 million annual visitors.
  • Strong potential for long-term Airbnb rentals.

Location Insight

City
Annapolis
County
Anne Arundel
State
Maryland
Latitude
38.9797868
Longitude
-76.4901736
80 Maryland Ave, Annapolis, Maryland

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80 Maryland Ave
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