Price Reduction - Views
Address
212 Duke Of Gloucester Street, Annapolis, MD
Price
$ 695,000
Property Attributes
- MLS#MDAA2076968
- TypeCommercial
- CountyANNE ARUNDEL
- CityAnnapolis
- NeighborhoodHistoric District
- Zip21401
- StyleProfessional
- Year Built1946
- Taxes$ 8116
- Price$ 695,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2304
- Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 3/5/2024 | Listed $750,000 |
| 4/26/2024 | 8% - $695,000 |
General Features
| 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 |
| OwnerPays | Advertising/Licenses and Permits,Air Conditioning,Common Area Maintenance,Electricity,Gas,Heat,Insurance,Sewer,Taxes - Real Estate,Water,Trash Collection |
| Business Type | Professional |
| Accessibility | None |
| County | ANNE ARUNDEL |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | HISTORIC DISTRICT |
| Possible Use | Financial,Institutional,Investment,Professional Service,Commercial,Office |
| Water Access Y/N | No |
| Property Use | Owner User |
| Transportation | Bus Stop less than 1 mile,Commuter Lots less than 5 miles |
| 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. |
| ModificationTimestamp | 2024-05-03T02:16:26 |
| 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 |
| Tax Assessed Value | 571633.0 |
| Waterfront Y/N | No |
| 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 | Yes |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| 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 | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Carpet,Vinyl |
| Hot Water | Natural Gas |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Total Restrooms | 3 |
| Clear Span Ceiling Height | 8' to 10' |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street,Public Garage |
| Land Use Code | C |
| Water View Y/N | No |
| 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 | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21401
Price
Taxes
Visits
Year Built
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