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Rick Foster

[email protected] +1(410) 507-0874

Listed by Wendy Oliver • Coldwell Banker Realty

$ 475,000

Est. payment -/mo

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Active

45 RANDALL ST Annapolis, MD 21401

496 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Annapolis

MLS Listing ID MDAA2145716

Year Built 1900

Annual Tax Amount $4,084

Tax Year 2026

Lot Size 496 Sqft

Acres 0.01

Property Sub-Type Retail

Source BRIGHT

Property Description

45 Randall Street presents an extraordinary opportunity to own commercial real estate in the very heart of Downtown Annapolis at a moment when the surrounding waterfront is undergoing a remarkable transformation. Positioned between the U.S. Naval Academy and the Annapolis waterfront, this charming boutique storefront sits along the natural path of tourists, residents, midshipmen, boaters and visitors exploring one of Maryland's most iconic destinations. And the timing may be just as compelling as the location. Annapolis is making a significant investment in the future of City Dock, creating a reimagined waterfront designed to become an even greater destination for residents and visitors. The improvements include a new City Dock Park, expanded public gathering and programming areas, a Maritime Welcome Center, enhanced pedestrian spaces, significant flood-mitigation infrastructure and a revitalized waterfront experience. The rebuilt Hillman Garage has also increased downtown parking capacity. With Barry Gate anticipated to reopen in December 2026, the Ego Alley boardwalk expected to reopen in March 2027, and City Dock Park and the Maritime Welcome Center targeted to open as early as July 2027, the next chapter of Downtown Annapolis is already taking shape. For an investor or owner-user, 45 Randall Street offers the increasingly rare opportunity to secure a piece of commercial real estate within steps of this major public investment—before the transformation is complete. The property's highly visible storefront, classic Historic Annapolis character and exceptional walkability create an ideal setting for boutique retail, specialty food or beverage, gallery or studio space, professional use, specialty services, or a long-term investment hold. Surrounded by established restaurants, retailers, attractions and year-round activity, the location benefits from an audience that is exceptionally difficult to replicate. Real estate this close to the Naval Academy, Ego Alley and the Annapolis waterfront simply cannot be recreated. For the buyer who recognizes location, scarcity and the long-term potential created by the transformation occurring just outside the door, 45 Randall Street is more than a storefront—it is an opportunity to own a piece of the future of Downtown Annapolis. Seller financing may be available!

Location

State MD

County Anne Arundel

Zoning C2

Interior

Hot Water Other

Heating Central

Cooling Ductless/Mini-Split

Heat Source Other

Exterior

Water Access Y

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Anne Arundel County Public Schools

Others

Tax ID 020600001156908

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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NEARBY SCHOOLS & PROPERTIES

Rick Foster

Broker & License Partner License ID: MD-654294 / DC -BR98378960

+1(410) 507-0874

Rick Foster

45 RANDALL ST Annapolis, MD 21401

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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45 RANDALL ST