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    209 Main St Annapolis, MD 21401

    Sponsored
    For Sale
    Contact for pricing

    Prime Main Street location, 6,878 SF, owner-user potential.

    Property size:
    6,878 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story, 6,878 square foot retail and office building is situated on Main Street in the heart of Annapolis' historic district. Boasting approximately 130 feet of Main Street frontage, this property presents a unique owner-user or investment opportunity. The building is thoughtfully designed and meticulously maintained, having previously received an "Excellence in Architecture" citation from the AIA-Chesapeake Bay Chapter. Currently, both the retail and office spaces are occupied by tenants under leases with several years remaining. However, the second-floor office tenant holds an exclusive termination option, providing a prospective buyer the chance to occupy this space. The property's prime location places it within easy walking distance of numerous restaurants, shops, hotels, the US Naval Academy, the Maryland State House, Circuit Court, St. John's College, and the Annapolis Waterfront. Its proximity to a new state-of-the-art public parking garage further enhances its appeal. This Class C building offers a rare chance to acquire a prominent property in one of Maryland's most desirable locations. The building is a two-story structure, ideal for a variety of uses. This is a truly one-of-a-kind opportunity in a vibrant and thriving downtown area.

    Property Features for 209 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    6,878 SF
    Class
    C

    Building Details

    Stories
    2

    HighLights

    • Rare opportunity to acquire a prominent two‑story building in Downtown Annapolis.
    • Ideal for owner‑occupancy or investment.
    • Features approximately 30 feet of Main Street frontage.
    • Well‑maintained building with an AIA‑Chesapeake Bay Chapter Excellence in Architecture citation.
    • Excellent walkability to restaurants, shops, hotels, the US Naval Academy, Maryland State House, Circuit Court, St. John's College, and the Annapolis Waterfront.
    • Convenient proximity to a new public parking garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    TTR Sotheby's International ... Real Estate Agency Whitney Jerdal, Real ... Real Estate Agent The Tower Team Real Estate Agent Merrie Louise Raynolds, ... Real Estate Agent The Travelstead Team Real Estate Agent

    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
    -76.4913613
    Latitude
    38.9779692

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    FAQs

    What type of property is this?
    Retail property - Prime Main Street location, 6,878 SF, owner-user potential.
    Where is this retail property located?
    The property is located at 209 Main St Annapolis, MD.
    What are key features of this property?
    This property features: Rare opportunity to acquire a prominent two-story building in Downtown Annapolis.; Ideal for owner-occupancy or investment.; Features approximately 30 feet of Main Street frontage.
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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
    209 Main St Annapolis, MD 21401
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