Address
824 E College Parkway, Annapolis, MD
Price
$ 2,390,000
Property Attributes
- MLS#MDAA2067744
- TypeCommercial
- CountyANNE ARUNDEL
- CityAnnapolis
- Zip21409
- StyleRecreation,/General Retail
- Year Built1949
- Taxes$ 23976
- Price$ 2,390,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14462
- Lot Size0.64 Acres
Data Source:
Bright MLS
Property Description
Great investment opportunity! Current tenant's business 50+ years. 14,462 SQFT storefront building on 0.64 acre lot. C1 zoned. 20 parking spaces in the lot. The property is located within one of the few commercial corridors in the greater neighborhood area, which is primarily residential in nature. High Exposure to Rte. 50 with 64,000 cars passing by daily. The property is located along the path of Phase 1B of the Broadneck Peninsula Trail, which is the section of trail next in-line for construction. Once complete, the trail will connect Anne Arundel Community College to Sandy Point State Park. Excellent frontage with enviable visibility from both the westbound and eastbound lanes of Rt. 50 between Annapolis and the Bay Bridge. Conveniently located approx. 5 miles from Historic Annapolis. 2 miles from Bay Bridge and 4 miles from Severn River Bridge. Within the zip code area, the mean household income is approx. $120,000 per year.
| Price History | |
|---|---|
| 9/14/2023 | Listed $2,390,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central A/C |
| Possession | Negotiable,Settlement |
| Zoning | C1B |
| Construction Materials | Brick |
| Year Built | 1949 |
| Property SubType | Retail |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Recreation,Other/General Retail |
| Accessibility | None |
| County | ANNE ARUNDEL |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | USE GOOGLE MAPS OR WAZE. |
| ModificationTimestamp | 2024-05-03T01:25:14 |
| City | ANNAPOLIS |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| Lot Size Square Feet | 27793.00 |
| Tax Assessed Value | 2338700.0 |
| Waterfront Y/N | No |
| Street Name | COLLEGE |
| Tax Annual Amount | 23976.0 |
| Price Per Sq Ft | 165.26 |
| Vacation Rental Y/N | No |
| Days on Market | 233 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | REGULARS |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | PARKWAY |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 20 |
| Type of Parking | Parking Lot |
| Land Use Code | C |
| Water View Y/N | No |
| Building Area Total | 14462.00 |
| Lot Size Acres | 0.64 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 586100.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 20 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21409
Price
Taxes
Visits
Year Built
Walkscore
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