110 Defense Hwy - Office FOR SALE


Annapolis, MD 21401- Parole
$1,250,000 USD
410-507-2918
110 Defense Hwy, Annapolis, MD for Sale
$1,250,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

110 Defense Hwy
Annapolis, MD 21401
Parole


HIGHLIGHTS

  • High Visibility and Top Business Location
  • Small Office building / 2 Car Detached Garage in the heart of Parole Town Center
  • 2 Curb Cuts on Defense Highway - For Easy Access
  • Large Fenced Lot - leveled and cleared
  • C2 Zoning (Anne Arundel County) - restaurants ok
  • Easy access to DC, BWI, Eastern Shore, and Baltimore

OVERVIEW

Located in the vibrant heart of Parole Town Center, across from Westfield Annapolis, this 1,794 sq. ft. Office/Retail Building (or restaurant) offers an exceptional opportunity for businesses seeking a prime location. Priced at $1,250,000, the property provides easy access to both Route 50 and Route 97. There is an existing apartment on 2nd floor. full kitchen, living area, 2 bedrooms, full bath, separate entrance. Presenting an exceptional freestanding professional office/retail/restaurant property in a premier Annapolis location. 110 Defense is ideally positioned between the Annapolis Mall and the major retail anchors Best Buy and Home Depot, this property offers unmatched visibility and high traffic exposure, making it also a standout investment opportunity. This property is a hidden gem, brimming with untapped potential and ready for transformation into a truly exceptional asset. In addition to its strategic location between Annapolis Mall and Best Buy/Home Depot, there's room to expand the existing building, allowing for further customization and growth. The expansive lot—approximately 83' of prominent highway frontage on Defense Highway—also boasts a freestanding business/monument sign that commands attention and enhances its market visibility. With a motivated seller ready to make a deal, this property offers an outstanding opportunity for investors or business owners looking to elevate their presence in a thriving area. Key Property Highlights: • Exceptional Location: Nestled in a high-traffic corridor, this property benefits from its strategic placement between Annapolis Mall and Best Buy/Home Depot, ensuring robust customer access and dynamic business potential. • Superior Lot and Infrastructure: The expansive 0.58-acre (25,439 sf) lot is fully cleared and approximately 75% fenced, providing both security and functional outdoor space. • Versatile Access: With two separate entrances directly onto Defense Highway, the property offers convenient ingress for customers and tenants. Additionally, a dedicated entrance leads to a well-appointed 2-bedroom apartment on the second floor—ideal for supplemental income or executive use. • Additional Structures: A standalone 2-car garage enhances the property's functionality and appeal, complementing the two-story stucco-over-frame building. • Building Features: Built in 1940 and improved multiple times, the 1,794-sf building retains its historic charm while being well-adapted to modern business needs. • Zoning & Use: Zoned C2 under the newly passed 2023 Parole Town Center Master Plan (Parole North location), the property currently serves as a retail/office, or restaurant facility and offers flexible redevelopment potential. (Note- restaurants are permitted under C2 zoning! • Utilities & Parking: Equipped with public water and a septic system, with potential for public utility connections. On-site parking features a level, cleared area that is partially fenced for added security. Additional C2 zoning detail: Under the recently updated Parole Town Center Master Plan, approved in October 2023, the C2 zoning designation has undergone several modifications to align with the plan's vision of creating a more walkable, mixed-use, and transit-oriented community. Key changes affecting properties like 110 Defense Highway include: 1. Enhanced Mixed-Use Development: The updated plan allows for mixed-use developments by-right throughout the Parole Town Center, enabling property owners to incorporate residential units alongside commercial spaces without the need for special incentives or rezoning. ?cite?turn0search1? 2. Revised Density and Design Standards: The plan eliminates the Floor Area Ratio (FAR) as a density control measure, simplifying the development process. Additionally, new bulk standards encourage compact development while promoting the inclusion of open spaces and public activity areas. ?cite?turn0search1? 3. Updated Permitted Uses: The range of allowable uses in C2 zones has been expanded to include civic facilities such as libraries and community centers. Conversely, certain auto-centric businesses now face additional conditions or are prohibited to support the area's pedestrian-friendly goals. ?cite?turn0search1? 4. Adjusted Parking Requirements: There is a potential reduction in parking requirements for developments that offer affordable housing or enhanced pedestrian infrastructure, promoting a shift away from car-dependent designs. ?cite?turn0search1? 5. Improved Streetscape and Setbacks: New regulations establish minimum and maximum front setbacks to foster an urban, pedestrian-oriented environment. Properties along active frontage corridors are subject to higher design standards, emphasizing features like ground-floor transparency and engaging public spaces. ?cite?turn0search1? For the property at 110 Defense Highway, these changes provide greater flexibility for redevelopment, allowing for a mix of uses that can adapt to market demands while contributing to the overall vision of the Parole Town Center. Property owners and developers are encouraged to consult the full Parole Town Center Master Plan and engage with the Anne Arundel County Office of Planning and Zoning to understand the specific implications and opportunities these updates present.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$697 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

C2

APN/PARCEL ID

02-197-12655600

ASK ABOUT THIS PROPERTY

Lisa PoremskiFriend Commercial Real EstateMore Info
410-507-2918

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Lisa PoremskiFriend Commercial Real EstateMore Info
410-507-2918

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.