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Office Building with Covered Parking
New
For Lease
$25 SF/Yr

229 Hanover Street, Annapolis, MD 21401

Downtown office property with a law firm-style buildout, library, and contiguous workspace near the Naval Academy.

Space Size2,700 SF - 8,600 SF
Property Size11,693 SF
Days on Market5

Property Features for 229 Hanover Street

General Information

Standard status Active
Size 2,700 SF - 8,600 SF
Net Rentable 8,600 SF
Class B
Total Parking Spaces 14
Property subtype Office - General Office

Space & Availability

Available Space 8,600 SF
Contiguous Space 8,600 SF
Space Use Office
Condition Turnkey
Available From 2023-01-01

Amenities

library

Building Details

Building Size 11,693 SF

Spaces For Lease

at 229 Hanover Street Contact us

229 Hanover Street $25/SF/Yr

Size
2,700 SF
Type
Office
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

229 Hanover Street $25/SF/Yr

Size
5,900 SF
Type
Office
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

229 Hanover Street $25/SF/Yr

Size
8,600 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: Aug 15 Changed: Aug 16 Last Checked: Aug 18 at 4:59AM

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.

This downtown office property offers approximately 8,600 contiguous square feet across an existing law firm-style buildout. The interior includes a library and is configured for professional office use, with covered parking serving the building.

Located on Hanover Street in downtown Annapolis, the property sits across the street from the Naval Academy and next to the academy campus. The office space was identified as available January 1, 2023.

Key Highlights

  • Approximately 8,600± contiguous SF of office space
  • Law firm‑style office buildout with library
  • Covered parking included

Property Analytics

Current Use

KRR Web Design Marketing & Advertising KRR PHOTOGRAPHY LIMITED Photography Service Senior Citizen's Law ... County Government Office KRR Creative Strategies Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Barber Shop Locksmith Pet Grooming Service 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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,506
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

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?
Office building - Downtown office property with a law firm-style buildout, library, and contiguous workspace near the Naval Academy.
Where is this office building located?
The property is located at 229 Hanover Street Annapolis, MD.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 8,600± contiguous SF of office space; Law firm‑style office buildout with library; Covered parking included
More about this property
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