Annapolis, MD Retail Properties & Spaces for Sale

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Updated: Jan 27

Retail Condo in Annapolis Mall Area

108 Old Solomons Island Rd Ste U8, Annapolis, MD 21401

$365,000

1,182 sqft

High visibility location with signage on front and rear of building, visible from Route 2.
Turn‑key space ideal for a salon or barber shop, including existing equipment in the sale price.
Convenient location near Parole Center, Annapolis Mall, and Downtown Annapolis with easy access to Rt 50, Rt 97, and Rt 2.
Zoned B2 - Community Shopping Center, offering a wide range of business possibilities.
Recently replaced HVAC unit.

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This listing looks promising.

Here's a quick look at some key insights for

108 Old Solomons Island Rd Ste U8, Annapolis, MD 21401

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$19K
Annual
Mortgage

$320K
Mar 2026
Last Sold

Mar 2026
$500K

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Updated: May 15

Historic Downtown Storefront

45 RANDALL Street, Annapolis, MD 21401

$475,000

0.01 AC lot

Commercial property at 45 Randall Street in downtown Annapolis, between the U.S. Naval Academy and the Annapolis waterfront
Year built: 1900
Central heating
Ductless cooling
Parking includes on‑street parking and a garage

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Mixed-Use Building with Flexible Zoning

1977 WEST St, Annapolis, MD 21401

$1,850,000

3,520 sqft

Vacant, move-in-ready mixed-use building on West Street with BCE zoning for an owner-user or investor.

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Annapolis Retail Assets For Sale

1991-1993 WEST St, Annapolis, MD 21401

$2,099,000

3,000 sqft 0.29 AC lot

Two retail assets with redevelopment potential in a prime location.

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Renovated Street Retail Building

15 West Street, Annapolis, MD 21401

$2,200,000

3,900 sqft

Renovated multi-level retail building offering street retail space and a fully improved basement.

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Live-Work Building with Retail Below

32 West St, Annapolis, MD 21401

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2,444 sqft

Mixed-use live-work building with first-floor retail and second-floor residential space.

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Two-Story Office/Retail Building For Sale

110 Defense Highway, Annapolis, MD 21401

$1,250,000

0.58 AC lot

Two-story office/retail building with yard, garage, and prominent signage.

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Two-Parcel Retail Redevelopment Portfolio

1991-1993 West Street, Annapolis, MD 21401

$2,099,000

3,000 sqft 0.18 AC lot

Portfolio includes a leased retail building and an adjacent condemned parcel valued primarily for land redevelopment.

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Four-Story Mixed-Use Building

51 West St, Annapolis, MD 21401

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9,452 sqft

Five condominium units combine with restaurant space, retail frontage, and access from both West Street and Cathedral Street.

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Two-Asset Retail Portfolio

19911993 WEST STREET, Annapolis, MD 21401

$2,099,000

3,000 sqft

Includes an operating retail building and a separate parcel offering land-focused redevelopment potential.

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Ground-Level Retail/Office Suite

141 WEST STREET Unit 103, Annapolis, MD 21401

$469,000

1,009 sqft

Ground-level suite with an open layout and one dedicated parking space in downtown Annapolis.

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Two-Building Retail Complex with Parking

275 West St, Annapolis, MD 21401

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76,139 sqft

Three-parcel property with expansive plaza and attached five-story parking garage for retail or office use.

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Downtown Retail Center and Garage

257 West St, Annapolis, MD 21401

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76,139 sqft

Three-parcel retail property with prominent corner presence, courtyard, plaza, and an attached five-story parking garage.

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Corner Retail Property with Trailer

1028-1032 West Street, Annapolis, MD 21401

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1,596 sqft

PM-zoned corner site with abundant parking and an additional trailer unit; auto uses and gas stations are restricted.

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Renovated Multi-Level Retail Building

15 West Street, Annapolis, MD 21401

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3,900 sqft

Renovated multi-level retail building with 1st/2nd floor space and a fully improved basement.

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Annapolis Retail Opportunity

45 Randall Street, Annapolis, MD 21401

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240 sqft

Prime retail space in Annapolis, near U.S. Naval Academy.

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Downtown Annapolis Boutique Storefront Opportunity

45 RANDALL St, Annapolis, MD 21401

$475,000

Charming storefront in the heart of downtown Annapolis.

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Retail Building with Parking Conversion Land

1991 West St, Annapolis, MD 21401

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3,000 sqft 0.29 AC lot

Zoned BCE retail building plus nearby land that can be converted to parking for the retail site.

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Historic Annapolis Retail and Office

209 Main St, Annapolis, MD

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6,878 sqft 0.05 AC lot

Two-story retail and office building in Historic Annapolis.

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Retail Building with Four Lifts

300-314 Legion Ave, Annapolis, MD 21401

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3,092 sqft

Retail property with four lifts, offered for sale with owner financing and support and training available.

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Turn-Key Retail Salon/Barber Suite

108 Old Solomons Island Rd, Annapolis, MD 21401

Contact for pricing

1,182 sqft

Front and rear building signage and a recently replaced HVAC support a turn-key salon or barber shop setup in an enclosed retail unit.

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Ground-Level Retail/Office Suite

103-141 West St, Annapolis, MD 21401

$469,000

Ground-level suite with an open layout and one dedicated parking space in downtown Annapolis, ready for customization.

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Annapolis Mixed-Use Investment Opportunity

60-64 State Circle, Annapolis, MD 21401

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Charming, fully leased retail and residential property in historic Annapolis.

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Downtown Retail Storefront

260 King George Street, Annapolis, MD 21401

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Specialty retail storefront in downtown Annapolis with four off-street parking spaces.

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Annapolis, MD Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Annapolis, MD, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 228,723 square feet of properties for sale, with an estimated market value of $13,850,000.

Sale prices for stores in Annapolis, MD start at $365,000, averaging $1,259,090, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 95K

Population Growth (5Y) -6.2%

Median Household Income $123,100

College Educated 52.5%

High-Yield Neighborhoods for Investment

Identify Annapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
21401	$1M

Taxes & Financing

Tax Rate (average for all types) 1.18%

Property Tax per SF $9.08 per SF

Tax Rate vs County Average 0.09 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Anne Arundel County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Annapolis fall within the 2,500 to 5,000 square foot range.

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