Annapolis, MD Commercial Real Estate for Sale

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Updated: Jan 27

Retail Condo in Annapolis Mall Area

108 Old Solomons Island Rd Ste U8, Annapolis, MD 21401

$365,000

1,182 sqft

High visibility location with signage on front and rear of building, visible from Route 2.
Turn‑key space ideal for a salon or barber shop, including existing equipment in the sale price.
Convenient location near Parole Center, Annapolis Mall, and Downtown Annapolis with easy access to Rt 50, Rt 97, and Rt 2.
Zoned B2 - Community Shopping Center, offering a wide range of business possibilities.
Recently replaced HVAC unit.

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This listing looks promising.

Here's a quick look at some key insights for

108 Old Solomons Island Rd Ste U8, Annapolis, MD 21401

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$19K
Annual
Mortgage

$320K
Mar 2026
Last Sold

Mar 2026
$500K

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Updated: Aug 13

Commercial Kitchen Property

1975 WEST Street, Annapolis, MD 21401

$1,800,000

0.52 AC lot

0.52‑acre commercial property with a kitchen‑oriented layout
Existing gas connections and multiple plumbing lines
Private, fenced parking lot on site
Corner property on West Street with access to US‑50 and MD‑2
Central Air and ceiling fan(s)

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Two-Level Office Building

2563 FOREST Drive, Annapolis, MD 21401

$899,999

1.17 AC lot

Two-level office building with a leased main level and a vacant upper level for owner-occupancy or expansion.

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Historic Downtown Storefront

45 RANDALL Street, Annapolis, MD 21401

$475,000

0.01 AC lot

Charming downtown Annapolis storefront suited for retail, a coffee concept, or a specialty shop, with prominent street presence.

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Commercial Kitchen with Parking

1975 WEST STREET, Annapolis, MD 21401

$1,800,000

2,791 sqft

Existing gas connections and multiple plumbing lines support restaurant or food-service build-out.

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Mixed-Use Building with Flexible Zoning

1977 WEST St, Annapolis, MD 21401

$1,850,000

3,520 sqft

Vacant, move-in-ready mixed-use building on West Street with BCE zoning for an owner-user or investor.

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Annapolis Retail Assets For Sale

1991-1993 WEST St, Annapolis, MD 21401

$2,099,000

3,000 sqft 0.29 AC lot

Two retail assets with redevelopment potential in a prime location.

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Renovated Street Retail Building

15 West Street, Annapolis, MD 21401

$2,200,000

3,900 sqft

Renovated multi-level retail building offering street retail space and a fully improved basement.

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Multi-Use Office and Retail Buildings

1200-1202 West Street, Annapolis, MD 21401

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4,104 sqft 0.32 AC lot

Two office buildings on West Street offer high-visibility flexibility under Professional Mixed Office zoning.

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Live-Work Building with Retail Below

32 West St, Annapolis, MD 21401

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2,444 sqft

Mixed-use live-work building with first-floor retail and second-floor residential space.

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Two-Story Office/Retail Building For Sale

110 Defense Highway, Annapolis, MD 21401

$1,250,000

0.58 AC lot

Two-story office/retail building with yard, garage, and prominent signage.

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Flex Condo with Roll-Up Door

2110 Renard Court, Annapolis, MD 21401

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1,883 sqft

Flex condominium combines built-out office space with a warehouse featuring a roll-up drive-in door and a mezzanine.

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Two-Parcel Retail Redevelopment Portfolio

1991-1993 West Street, Annapolis, MD 21401

$2,099,000

3,000 sqft 0.18 AC lot

Portfolio includes a leased retail building and an adjacent condemned parcel valued primarily for land redevelopment.

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Second-Floor Office Condo

1831 Forest Drive Unit H, Annapolis, MD 21401

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889 sqft

Move-in ready office condo with a recent AC replacement and low annual carrying costs in an established office park.

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Four-Story Mixed-Use Building

51 West St, Annapolis, MD 21401

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9,452 sqft

Five condominium units combine with restaurant space, retail frontage, and access from both West Street and Cathedral Street.

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Two-Asset Retail Portfolio

19911993 WEST STREET, Annapolis, MD 21401

$2,099,000

3,000 sqft

Includes an operating retail building and a separate parcel offering land-focused redevelopment potential.

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Professional Office Unit

1831 Forest Dr, Annapolis, MD 21401

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889 sqft

Office space with parking availability and convenient connections to I-97 and US-50.

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Ground-Level Retail/Office Suite

141 WEST STREET Unit 103, Annapolis, MD 21401

$469,000

1,009 sqft

Ground-level suite with an open layout and one dedicated parking space in downtown Annapolis.

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Freestanding Building in Annapolis Corridor

12 Ridgely Ave, Annapolis, MD 21401

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7,438 sqft 0.71 AC lot

7,438 SF building on 30,800 SF lot for sale.

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Mixed-Use Building Near Westfield

110 Defense Highway, Annapolis, MD 21401

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1,794 sqft

A 1,794-square-foot mixed-use building positioned across from Westfield Annapolis with major road connections.

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Two-Building Retail Complex with Parking

275 West St, Annapolis, MD 21401

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76,139 sqft

Three-parcel property with expansive plaza and attached five-story parking garage for retail or office use.

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Downtown Retail Center and Garage

257 West St, Annapolis, MD 21401

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76,139 sqft

Three-parcel retail property with prominent corner presence, courtyard, plaza, and an attached five-story parking garage.

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Renovated Office Condo in Annapolis

222 Prince George Street, Annapolis, MD 21401

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2,781 sqft

2,781 SF office condo in downtown Annapolis for sale.

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Renovated Office Condominium

39 1/2 Maryland Ave, Annapolis, MD 21401

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2,781 sqft

Fully renovated two-level office condo includes private offices and a furnished conference room.

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Annapolis, MD Commercial Real Estate Market Trends and Statistics

Explore 88 commercial real estate for sale in Annapolis, MD, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 296,090 square feet of properties for sale, with an estimated market value of $50,043,933.

Sale prices for business properties in Annapolis, MD start at $246,600, averaging $1,563,872, and reaching up to $6,275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 95K

Population Growth (5Y) -6.2%

Median Household Income $123,100

College Educated 52.5%

High-Yield Neighborhoods for Investment

Identify Annapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
21403	$994.5K
21401	$1.2M
21409	$2M

Taxes & Financing

Tax Rate (average for all types) 1.18%

Property Tax per SF $9.08 per SF

Tax Rate vs County Average 0.09 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Anne Arundel County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Annapolis fall within the 100,000+ square foot range.

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