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    7 State Cir Annapolis, MD 21401

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    For Lease
    $50 SF/Yr ($12,279 /Mo)

    2,947+/- sq ft office/retail space with Main Street access.

    Property size:
    2,947 SF
    Lot size:
    0.09 Acres

    Property Features for 7 State Cir

    General Information

    Size
    2,947 SF
    Lot size
    0.09 Acres

    Source: Douglas Commercial Agent Scott Douglas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Office/Retail Space Available

    The property at 186 Main Street offers approximately 2,947 square feet of office or retail space with direct access to both Main Street and State Circle. Main Street is a pedestrian-friendly retail location near the State Capitol, the US Naval Academy, and the waterfront. This duplex unit offers the potential for retail and office use on the first and second floors. The upscale office and retail space overlooks Main Street and features high-end finishes. It is suitable for retailers, lobbyists, attorneys, other professionals, or store owners who require close proximity to the state government, the Maryland State House, and Main Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Maryland Automobile Dealers ... Association / Organization Washington Suburban Sanitary ... Government Office Venable LLP Law Firm

    Suggested Use

    Restaurant Law Firm Spa & Massage Realty agency Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.490391
    Latitude
    38.9782003

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    FAQs

    What type of property is this?
    Office space - 2,947+/- sq ft office/retail space with Main Street access.
    Where is this office space located?
    The property is located at 7 State Cir Annapolis, MD.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: - Prime 2,947 sq ft office/retail space with direct Main Street and State Circle access.; - Located on pedestrian-friendly Main Street, near the State Capitol, US Naval Academy, and waterfront.; - Duplex unit offering flexible retail and office space on both floors.
    (301) 655-8253
    Request Owner's contact information
    7 State Cir Annapolis, MD 21401
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    Annapolis, MD 21401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 State Cir Annapolis, MD 21401
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