40 Oak

Annapolis, MD 21401

$332,500

No longer for sale
2
Beds
2
Baths
1,061
Sq Ft
1955
Built
Photos pending from the listing agentInterview agents below to tour this home

Listing details

Introducing a distinctive opportunity for visionary entrepreneurs and investors: a commercial/residential property brimming with potential, situated ideally for both business and pleasure. Formerly a boutique dress shop, this structure is primed for a creative transformation, making it a unique investment. The property houses two Bedrooms/Offices, two full bathrooms, and robust hardwood flooring throughout, presenting a promising canvas for renovation. Strategically located, this property is in close proximity to essential amenities and community .Public transportation is conveniently accessible with the Riva Road & Forest Drive bus station less than 700 meters away, enhancing the location. Additional features include a rear deck perfect for relaxation or casual gatherings, a useful rear shed for extra storage, and a generous off-street parking area that can accommodate up to 12 vehicles. Despite being sold as-is, with no repairs from the seller, the property's inherent potential and dual-use capability as both a residential and commercial space make it a lucrative deal. Capitalize on the chance to customize this space into a thriving business venture or a mixed-use development that promises both rental income and renovation possibilities. Dive into this project and shape it into your vision of success! Property is being sold AS-IS, Seller will make no repairs. All offers must have $1000 deposit and proof of deposit. Buyer responsible for all due diligence on condition of home. So much potential! Make this your today!!

Features

Private SewerRanch/Rambler1No CoolingForced AirAsphalt DrivewayOutbuilding(s)Natural GasPermanentCall School BoardNatural GasNatural GasPublicNoneCall School Board1,061Call School Board

Location

Living in Annapolis

Schools

SOL Pass Rate80%

Public schools

  • Annapolis High School
  • Broadneck High School
  • Annapolis Middle School

Commute

Drive to DC45 min

Major Routes

Rt 50, Rt 2, I-97

Walkability

Walk Score45/100
Transit Score18/100
Bike Score52/100

Car-Dependent

Safety

Below Average

34% above Virginia average

Violent crime2.2 per 1K
Property crime20.5 per 1K

Property Tax

Rate$0.94 per $100
2024

~$3,109/yr on median home

Anne Arundel County rate; City of Annapolis adds $0.738

Listed by Gregory Golding, ExecuHome Realty | (443) 927-9131 (broker)MLS# MDAA2127802

This home is no longer for sale

This listing has come off the market, so it cannot be bought through smover right now. The details below are kept for reference.

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Listing information is provided through IDX courtesy Keller Williams Capital Properties.

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