14 Market Space
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14 Market Space
3,888 SF Retail Building Annapolis, MD 21401 For Sale
Investment Highlights
- Tenant also controls neighboring buildings on both sides of 14 Market Space
- Leases across all four building run in tandem with each other
- Access Agreement in place to permit such use between building owners
- Tenant has been in same location for 10 years and recently expanded into 4th building
Executive Summary
Introducing an investment opportunity in the heart of Annapolis, Maryland - 14 Market Space. This 3,888sf building is situated within steps of City Dock and the Annapolis Waterfront making it one of the highest traveled portions of Historic Downtown Annapolis. Currently at 100% occupancy to a single tenant restaurant, the property presents a compelling prospect for investors seeking immediate cash flow. Starting in just 12 & 14 Market Space, the current tenant, Iron Rooster, has recently expanded into a fourth building and exercised a lease renewal option on 14 Market Space securing their future in the heart of Annapolis' premier dining district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,888 SF
Building Class
B
Year Built
1999
Tenancy
Single
Number of Floors
3
Building FAR
1.94
Land Acres
0.05 AC
Zoning
C2 - C2 zones are generally intended for office buildings, but they may also include a limited number of auxiliary commercial uses, such as restaurants
Walk Score ®
Walker's Paradise (95)
PROPERTY TAXES
Parcel Number | 06-000-90035536 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £1,201,805 |
PROPERTY TAXES
Parcel Number
06-000-90035536
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,201,805
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14 Market Space
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