Property profile

167 Main St Annapolis, MD 21401

OFF-MARKET
Office buildings
Property ID
US40-1375640
3,417 SF 0.04 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail space, located at 167 Main Street in Annapolis, Maryland, offers 1,700 square feet of versatile storefront space within a larger 5,100 square foot building. The property is situated in Anne Arundel County, zip code 21401, and benefits from ample parking, supplemented by a nearby public parking garage. The space is part of a multi-tenant building, currently featuring only one suite. Ideal for a variety of retail businesses, this location provides excellent visibility and accessibility in the heart of Annapolis. The property boasts a modern design and is ready for immediate occupancy. The address is easily accessible via various transportation links, making it convenient for both employees and customers. This is a unique opportunity to establish a thriving business in a vibrant and desirable location. The space is currently vacant and ready for immediate lease. Contact us today to schedule a viewing and explore the possibilities of this exceptional retail opportunity in Annapolis' bustling downtown area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction BRICK
Total area 3,417 SF
Lot 0.04 ac (1,700 SF)
Zoning code C2
APN 06-000-04569900
UPID US40-1375640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

167 Main St Annapolis, MD 21401-2000
Annapolis metro Census 706103 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2024
Last sale
$1.8M
1 recorded transaction
2024
$1.8M

Zoning & alternative use

C2 · Annapolis, MD
Zoning description

The C2 Conservation Business district is designed to encourage the preservation of the old city by allowing a compatible mixture of business and home crafts and shops, unique to the early development of the city

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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