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716 Monterey Ave 15,679 SF Office Building Annapolis, MD 21401 For Sale
Executive Summary
The West Annapolis Medical Building is a fully-renovated, three-story medical office building in the heart of Annapolis. For the first time, a single owner-user can acquire the asset and occupy up to 10,736 contiguous square feet - a footprint that simply isn't available on the open market.
In-place medical tenants occupy the balance of the building, producing income that helps carry ownership from day one. Combined with SBA financing, it's a rare chance to convert rent into equity in one of the Mid- Atlantic's tightest medical-office markets.
In-place medical tenants occupy the balance of the building, producing income that helps carry ownership from day one. Combined with SBA financing, it's a rare chance to convert rent into equity in one of the Mid- Atlantic's tightest medical-office markets.
Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
15,679 SF
Building Class
B
Year Built
1991
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,226 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
0.71 AC
Zoning
PM, Annapolis
Parking
85 Spaces (5.42 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Floor
- 5,368 SF
- Medical
- Full Build-Out
- Sep 2027
- 3rd Floor
- 5,368 SF
- Medical
- Full Build-Out
- Sep 2027
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 5,368 SF | Medical | Full Build-Out | Sep 2027 |
| 3rd Floor | 5,368 SF | Medical | Full Build-Out | Sep 2027 |
2nd Floor
| Size |
| 5,368 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Sep 2027 |
3rd Floor
| Size |
| 5,368 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Sep 2027 |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 06-000-00770000 | Improvements Assessment | $4,139,592 CAD |
| Land Assessment | $1,560,431 CAD | Total Assessment | $5,700,023 CAD |
Property Taxes
Parcel Number
06-000-00770000
Land Assessment
$1,560,431 CAD
Improvements Assessment
$4,139,592 CAD
Total Assessment
$5,700,023 CAD
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716 Monterey Ave
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