80 Maryland AveAnnapolis, MD 21401

Property Details for 80 Maryland Ave

Property size (Sq ft)

5,162 SF

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

This exceptional mixed-use property, located at 80-82 Maryland Avenue in Annapolis, Maryland, presents a compelling investment opportunity. The building, totaling 5,162 square feet, is currently 100% leased and boasts a prime downtown location. The first floor comprises two retail spaces, perfectly situated to capitalize on the high foot traffic of Annapolis' vibrant city center. The second floor features two apartments, offering additional income streams or potential for owner-occupancy. This property benefits from its proximity to City Dock, the United States Naval Academy, and the numerous restaurants and shops that define Annapolis' bustling downtown area. Annapolis attracts over two million visitors annually, ensuring a consistent stream of potential customers for the retail spaces and guests for any short-term rental opportunities. The asking price is $1,872,800, and seller financing is available for up to 25% of the purchase price, making this an attractive proposition for both investors and owner-users seeking a foothold in this thriving Maryland market. The property's blend of historical charm and modern functionality makes it a truly unique investment in a highly desirable location. This is a rare chance to acquire a fully leased, mixed-use building in the heart of Downtown Annapolis, a city known for its rich history, vibrant culture, and strong tourism economy. The property is located in Anne Arundel County, Maryland, with a zip code of 21401.

Location Insight

City

Annapolis

County

Anne Arundel

State

Maryland

Latitude

38.9798

Longitude

-76.4902

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