167 Main StAnnapolis, MD 21401

Property Details for 167 Main St

Construction

BRICK

Lot size

0.04 AC

Property size (Sq ft)

3,417 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

06-000-04569900

APU

600004569900

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $618,903

  6.5%

  $571,295

  7%

  $530,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $198,374

  Geo Method

  $214,963

• Alternative Use

  Use

  Valuation

  Residential

  $708,406

  Hospitality

  $648,896

  Educational

  $539,874

  Medical

  $558,441

  Retail

  $839,804

Location Insight

City

Annapolis

County

Anne Arundel

State

Maryland

Latitude

38.9776

Longitude

-76.4901

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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