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Investment Highlights

  • Ample Parking | Quick access to I-97 & Rt 50
  • Efficient and affordable office spaces
  • Locally managed
  • Across from Annapolis Harbour Center and within close proximity to Annapolis Towne Center and Downtown Annapolis
  • Ideal for professional office

Executive Summary

Annapolis Professional Center, the former Annapolis Federal Bank Administration Building, is located in a premier business location, minutes from downtown Annapolis, a short 20-minute drive from BWI Airport, with excellent access to Washington via Route 50 and to Baltimore via Interstate 97 and Route 2.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 302 & 304
  • 1,960 SF
  • Office
  • $480,000 ($244.90/SF)
  • -
Sale Type Investment or Owner User
Description
Ample Parking
Quick access to I-97 & Rt 50
Across from Annapolis Harbour Center and within close proximity to Annapolis Towne Center and Downtown Annapolis
Efficient and renovated office space with four private offices, conference room, and kitchenette
Ideal for professional office
Sale Notes
Ample Parking
Quick access to I-97 & Rt 50
Across from Annapolis Harbour Center and within close proximity to Annapolis Towne Center and Downtown Annapolis
Efficient and renovated office space with four private offices, conference room, and kitchenette
Ideal for professional office
Unit Unit Size Condo Use Price NOI
Unit 302 & 304 1,960 SF Office $480,000 ($244.90/SF) -

Unit 302 & 304

Unit Size
1,960 SF
Condo Use
Office
Price
$480,000 ($244.90/SF)
NOI
-

Unit 302 & 304

Unit Size 1,960 SF
Condo Use Office
Price $480,000 ($244.90/SF)
NOI -
Sale Type Investment or Owner User
Description
Ample Parking<br> Quick access to I-97 &amp; Rt 50<br> Across from Annapolis Harbour Center and within close proximity to Annapolis Towne Center and Downtown Annapolis<br> Efficient and renovated office space with four private offices, conference room, and kitchenette<br> Ideal for professional office</li></ul>
Sale Notes
Ample Parking<br> Quick access to I-97 &amp; Rt 50<br> Across from Annapolis Harbour Center and within close proximity to Annapolis Towne Center and Downtown Annapolis<br> Efficient and renovated office space with four private offices, conference room, and kitchenette<br> Ideal for professional office</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 37,610 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 5
Typical Floor Size 7,522 SF
Year Built 1986
Lot Size 1.47 AC
Parking Ratio 4.78/1,000 SF
Zoning C2, County - Commercial Office District
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 33144229

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 147 Old Solomons Island Rd, Annapolis, MD 21401

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