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Duplex Office/Retail Space
For Lease
$50 SF/Yr

186 Main St., Annapolis, MD 21401

Duplex suite with direct access from two streets, offering flexible retail and office use across the first and second floors.

Space Size2,947 SF
Days on Market95

Property Features for 186 Main St.

General Information

Standard status Active
Size 2,947 SF
Class A
Property subtype Office - General Office

Additional Details

Road Access Yes

Building Details

Building Size 2,947 SF
Stories 2
Units 1

Spaces For Lease

at 186 Main St.
186 Main St. $50/SF/Yr
Floor 1st and 2nd
Size 2,947 SF
Type Office
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Douglas Commercial
Listed By: Scott Douglas · License #580592
Source: Commercialcafe
Added: Jul 3 Changed: Sep 20 Last Checked: Oct 5 at 3:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Commercial

Investment Insights

Based on property information with market context.

186 Main Street offers approximately 2,947+/- square feet of office and retail space configured as a duplex unit. The property provides direct access to both Main Street and State Circle, creating straightforward entry and circulation for street-facing operations. The unit includes the option to use the first and/or second floor for retail and office applications, depending on tenant needs.

The building’s location provides access to two street fronts, supporting both pedestrian-oriented retail visibility and office accessibility. Public remarks note Main Street as a pedestrian friendly retail setting with proximity to the State Capitol, US Naval Academy, and the waterfront, which may support a customer-facing business that benefits from frequent foot traffic.

This space is well-suited for tenants seeking a flexible live-work style layout between office and retail without giving up street-level access. With the duplex configuration, operators can tailor their footprint by selecting the first floor, second floor, or using both levels as business requirements change. Tenants should evaluate how the dual access points and floor-by-floor options align with their intended use.

Key Highlights

  • 2,947+/- SF duplex office/retail space with direct access to both Main Street and State Circle
  • Flexible layout for retail and/or office use across the first and second floors
  • Convenient access from two streets, Main Street and State Circle

Property Analytics

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Current Use

B Boutique Annapolis Clothing Store Crabtown Pest Control ... Animal Shelter La Belle Cezanne (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Nail Salon Food Market Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,073
Businesses Nearby

Demographics for 21401, MD

39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Duplex suite with direct access from two streets, offering flexible retail and office use across the first and second floors.
Where is this retail space located?
The property is located at 186 Main St. Annapolis, MD.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: 2,947+/- SF duplex office/retail space with direct access to both Main Street and State Circle; Flexible layout for retail and/or office use across the first and second floors; Convenient access from two streets, Main Street and State Circle
More about this property
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