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45 Randall St 240 SF Retail Building Annapolis, MD 21401 $500,000 ($2,083.33/SF)
Investment Highlights
- Annapolis C-2 zoning allows flexible commercial use opportunities including office, boutique retail, service businesses, and mixed-use potential.
Executive Summary
45 Randall Street is the kind of opportunity that almost never comes available in Downtown Annapolis—a charming boutique storefront positioned directly in the heartbeat of one of Maryland’s most visited waterfront destinations. Perfectly situated between the U.S. Naval Academy and the Annapolis waterfront, this high-visibility commercial property captures constant pedestrian traffic from tourists, locals, midshipmen, and boaters alike. The building’s prominent street presence and classic downtown character create the ideal setting for a boutique retail concept, coffee bar, specialty shop, studio, or investment hold in an irreplaceable location. Surrounded by established national and local retailers, restaurants, and year-round activity, this property offers the rare chance to own a piece of Randall Street in the center of Annapolis’ thriving historic district. Seller financing may be available.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
240 SF
Building Class
C
Year Built
1900
Price
$500,000
Price Per SF
$2,083.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.01 AC
Zoning
C2 - Annapolis C-2 zoning allows flexible commercial use opportunities including office, boutique retail, service businesses, and mixed-use potential.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Annapolis Custom Gifts & Art
- Retailer
- -
- -
- -
Annapolis Custom Gifts & Art is described in local directory listings as an engraver and gift shop focused on fine art, engraved gifts, monograms, nautical specialties, and photo lasering. The business also offers original art by local artists, and many items include same-day engraving. Directory listings place Annapolis Custom Gifts & Art at 45 Randall Street in Annapolis, and the listing history suggests a presence in the area for more than a decade.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Annapolis Custom Gifts & Art | Retailer | - | - | - |
Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-000-01156908 | Improvements Assessment | $7,200 |
| Land Assessment | $277,800 | Total Assessment | $285,000 |
Property Taxes
Parcel Number
06-000-01156908
Land Assessment
$277,800
Improvements Assessment
$7,200
Total Assessment
$285,000
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45 Randall St
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