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2901 Riva Trace Pky

5,599 SF 73% Leased Office Building Annapolis, MD 21401 $2,250,000 ($402/SF)

Investment Highlights

  • R2 Zoning with Special Exception Commercial
  • Attractive one-story brick office building conveniently located in a park-like setting
  • Built-in sound masking system installed
  • Located in the Riva Road Corridor with easy access to Routes 50 and I-97 with many restaurants and retail shops close by
  • Modular systems furniture with 7 private offices and 13 modern glass partitioned workstations
  • Access to tennis courts, basketball courts, walking path, and picnic area

Executive Summary

Introducing an exceptional investment opportunity! This 5,599(+/-) SF 90% leased mixed use building, strategically positioned in the Riva Road corridor, offers a perfect opportunity for an investor or owner user. Zoned R2 with a special exemption for commercial use, this well-maintained building also features an available turnkey suite of 1500 sf +/-. Don't miss out on the chance to add this remarkable asset to your portfolio.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,599 SF
Building Class
B
Year Built
1987
Price
$2,250,000
Price Per SF
$402
Percent Leased
73%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,599 SF
Building FAR
0.11
Land Acres
1.14 AC
Zoning
R2 - R2 with Special Exception Commercial
Parking
40 Spaces (7 Spaces per 1,000 SF Leased)

Amenities

  • Reception
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,500 SF
  • Office
  • -
  • 30 Days
Space Size Space Use Condition Available
1st Floor 1,500 SF Office - 30 Days

1st Floor

Size
1,500 SF
Space Use
Office
Condition
-
Available
30 Days

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-000-90046521
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,296,100
  • Listing ID: 33602561

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 2901 Riva Trace Pky, Annapolis, MD 21401

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