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824 E College Parkway Annapolis, MD $ 2,390,000
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824 E College Parkway
$ 2,390,000
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824 E College Parkway

Annapolis, MD, 21409
$ 2,390,000
Baths0.0 Sq 14,462

Monthly Estimate*

$ 15,885

​
Studio

Commercial Property for sale in Annapolis, MD

for $2,390,000. This 14,462 square foot building was built in 1949 on a lot size of 0.64.

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.

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Commercial Active

Price

$ 2,390,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 23,976

Style

Recreation,/General Retail

Lot Size

0.64

Year Built

1949

Town/City

Annapolis

County/Region

Anne Arundel

MLS | Web ID

MDAA2067744
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix PARKWAY
Central Air Y/N Y
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General
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 N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions USE GOOGLE MAPS OR WAZE.
City ANNAPOLIS
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 27793.00
Waterfront Y/N N
Street Name COLLEGE
Tax Annual Amount 23976.0
Price Per Sq Ft 165.26
Vacation Rental Y/N N
Days on Market 233
Standard Status Active
Year Built Source Assessor
Legal Subdivision REGULARS
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 824
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* Excluded Features
List By
Deausen Realty

Broker

marlondeausen@hotmail.com

Email

Affordability Calculator

$17,883
Per Month
89%
11%
0%
Monthly Principal & Interest
$15,885
Monthly Property Taxes
$1,998
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/14/2023$2,390,000 Listed Price

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824 E College Parkway, Annapolis, MD, 21409 is a Commercial Property for sale at $2,390,000 with 14,462 sqft and a lot size of 0.64. 824 E College Parkway is a studio with 0.0 baths and was built in 1949. The property's zip code is 21409 which is in Annapolis, MD

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