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132 Dock St
Annapolis, MD 21401
Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Located in Annapolis’ historic waterfront district steps from City Dock and Ego Alley.
- Two levels of finished restaurant/bar space equipped with kitchen infrastructure.
- Positioned adjacent to transformational City Dock redevelopment enhancing public spaces.
- Fully leased to longstanding tenant Armadillo’s Bar & Grill under a triple net structure
- Limited landlord obligations, including an NNN lease arrangement.
- Highly constrained restaurant and bar market with strong demand drivers nearby.
Résumé de l'annonce
132 Dock Street presents a rare investment opportunity in the heart of Annapolis’ iconic waterfront district. This two-story property has been home to Armadillo’s Bar & Grill for over 30 years and remains fully leased under a triple net structure, providing investors with reliable cash flow and minimal landlord responsibilities.
Situated steps from City Dock and Ego Alley, the property lies within a vibrant corridor surrounded by destination dining, boutique retail, and cultural attractions, including the U.S. Naval Academy. The area is undergoing significant revitalization with the $87+ million City Dock Project, which includes new flood protection infrastructure, expanded waterfront parkland, and enhanced public spaces that promise to drive additional foot traffic and long-term value.
Featuring an irreplaceable waterfront location, the asset’s robust kitchen infrastructure includes a sprinkler system, grease trap, and hood system, serving two levels of finished bar and restaurant space. With strong tenant history in a limited-supply market, this property offers security, stability, and upside tied to Annapolis’ continued growth as a premier waterfront destination.
Situated steps from City Dock and Ego Alley, the property lies within a vibrant corridor surrounded by destination dining, boutique retail, and cultural attractions, including the U.S. Naval Academy. The area is undergoing significant revitalization with the $87+ million City Dock Project, which includes new flood protection infrastructure, expanded waterfront parkland, and enhanced public spaces that promise to drive additional foot traffic and long-term value.
Featuring an irreplaceable waterfront location, the asset’s robust kitchen infrastructure includes a sprinkler system, grease trap, and hood system, serving two levels of finished bar and restaurant space. With strong tenant history in a limited-supply market, this property offers security, stability, and upside tied to Annapolis’ continued growth as a premier waterfront destination.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
2 500 pi²
Classe d’immeuble
B
Année de construction
1955
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,59
Taille du lot
0,04 AC
Zonage
C2 - Commercial
Impôts fonciers
| Numéro de lot | 06-000-05295300 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 634 889 $ CAD |
Impôts fonciers
Numéro de lot
06-000-05295300
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 634 889 $ CAD
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