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212 Duke Of Gloucester Street Annapolis, MD $ 695,000
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$ 695,000 Get more info
212 Duke Of Gloucester Street
$ 695,000
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Share Save

212 Duke Of Gloucester Street

Annapolis, MD, 21401
$ 695,000
Baths0.0 Sq 2,304

Monthly Estimate*

$ 4,619

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Studio

Commercial Property for sale in Annapolis, MD

for $695,000. This 2,304 square foot building was built in 1946 on a lot size of 0.03.

Much upside potential exists for this 2,304 sq. ft. brick bi-level just 2 doors down from the Historic Maryland Inn. It's C2P zoning allows both professional offices or residential use. Upper level includes a kitchen and is occupied by the New Providence Club, Inc. whose members gather a couple times per week for lunch and socializing. The natural light provided by the high vaulted ceilings with skylights and windows across the front facade could accommodate a luxurious residential home. Lower level lease expires 6/30/24 and is occupied until then by the Mental Health Association of Maryland. This level includes a spacious reception area, 3 private offices & 1/2 bath. Seller would consider leasing back the upper level of the building. Seller would also consider holding a $250,000 mortgage for 5 years.

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Commercial Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,116

Style

Professional

Lot Size

0.03

Year Built

1946

Town/City

Annapolis

County/Region

Anne Arundel

MLS | Web ID

MDAA2076968
Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Vinyl
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 3
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General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Utilities Electric Available
Possession Negotiable Settlement
Roof Metal
Zoning C2P
Construction Materials Brick
Year Built 1946
Electric Circuit Breakers
View City
Property SubType Office
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Annapolis
Business Type Professional
Accessibility None
County ANNE ARUNDEL
New Construction N
Property Type Commercial Sale
Subdivision Name HISTORIC DISTRICT
Possible Use Financial Institutional Investment Professional Service Commercial Office
Water Access Y/N N
Status ACTIVE
Directions Take Duke of Gloucester off of Church Circle. 212 Duke of Gloucester is on the left 2 doors down from the Maryland Inn.
City ANNAPOLIS
Buyer Agent Compensation 2.5
Disclosures Exempt - Disclosure/Disclaimer
Zoning Description Conservation Professional Office District and/or residential use
Total Units 2
Lot Size Square Feet 1318.00
Waterfront Y/N N
Street Name DUKE OF GLOUCESTER
Tax Annual Amount 8116.0
Property Condition Good
Price Per Sq Ft 308.48
Acceptable Financing Cash Conventional
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 60
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Legal Subdivision REGULARS
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street Public Garage
Water View Y/N N
Building Area Total 2253.00
Lot Size Acres 0.03
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility City/County
Land Assessed Value 414300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 212
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* Excluded Features
List By
Coldwell Banker Realty

Broker

david.wright@cbmove.com

Email

Affordability Calculator

$5,296
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,619
Monthly Property Taxes
$676
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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/26/2024$695,000 -7.33% Price Down
3/5/2024$750,000 Listed Price

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212 Duke Of Gloucester Street, Annapolis, MD, 21401 is a Commercial Property for sale at $695,000 with 2,304 sqft and a lot size of 0.03. 212 Duke Of Gloucester Street is a studio with 0.0 baths and was built in 1946. The property's zip code is 21401 which is in Annapolis, MD

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