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    81 Main St Annapolis, MD 21401

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    For Sale
    $2,350,000

    Turnkey restaurant space in historic downtown Annapolis with harbor views.

    Lot size:
    0.04 Acres

    Property Features for 81 Main St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1945

    Source: Homesource United Agent Brenda Rose

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

    Overview

    Downtown Annapolis Restaurant Opportunity

    Located on Main Street in historic Downtown Annapolis, this renovated restaurant space offers visibility and foot traffic. The interior accommodates 89 guests, with outdoor dining for 12. Major updates were completed between 2022 and 2024, including a new grease interceptor, updated sanitary lines, and remodeled restrooms. The property features views of the harbor from all three levels. The bar area is designed to create a welcoming atmosphere for locals and visitors. Zoned C2 and surrounded by local shops, restaurants, and waterfront views, this space is suitable for various concepts. The seller is open to negotiating the purchase of furnishings and equipment and will also consider a long-term lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mangia Italian Grill ... Italian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.4871544
    Latitude
    38.9771086

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant space in historic downtown Annapolis with harbor views.
    Where is this restaurant located?
    The property is located at 81 Main St Annapolis, MD.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Prime location on Main Street in historic Downtown Annapolis, steps from City Dock.; - Turnkey restaurant space with seating for 89 guests plus 12 outdoor seats.; - Major updates completed 2022-2024, including new grease interceptor, updated sanitary lines, and remodeled restrooms.
    (443) 822-2812
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    81 Main St 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
    81 Main St Annapolis, MD 21401
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