Active

1321 Forest Dr

Annapolis MD, 21403

$4,500,000


$1,180.79 per sqft

Active

3,811 sqft

Commercial

Built in 1964

"First time publicly offered". The owner/operator is now ready to retire and pass the Baton, after 55 years of service, So, you won't want to miss out on this wonderful opportunity to own this thriving business along with its prime commercial real estate. Under his stewardship and dedication, the owner built this business to become an Annapolis Icon. Being offered is a multiple-faceted business opportunity i.e. in addition to its copious gasoline sales the, business operates a 7-bay service area for automobile repairs (equipped with lifts), it is an Authorized Maryland Inspection Station, a Towing Service with a fleet of tow trucks with varied capabilities, and to complement the towing business there is a secured (income producing) commodious fenced storage /tow yard with approval for 125 automobiles. The real estate portion consists of 2.0 acres +/- of commercially zoned land with a road frontage of 270' +/- AADT count of 46,000+/-. The zoning is split between AA County( C-4) and the City of Annapolis (B-2). The site is served by public utilities i.e. public water, public sewer, and natural gas. A 3,800 sq. ft. building serves as the operational hub which consists of 7 service bays, 2 integrated offices, a lobby (vending & ATM), a service write-up areas, a cashier window, and 3 restrooms (1 is handicapped accessible), 8 security cameras. UST tanks with 30,000-gallon capacity, including diesel fuel (tanks recently underwent state inspection). The apron was recently blacktopped. Currently, the operational level is open 6 days per week and closed on Sundays and all major holidays, thus creating an immense opportunity to increase the sales volume by simply revising the operational schedule.
There is potential for a "C" store conversion on this site. The grounds and workstations are exceptionally well kept. The pride shows. The 2.0 acres is a composite of 5 parcels, with individual account numbers assigned by the SDAT. The lead account shown only covers the main building and a portion of the land and does not reflect the site's overall size. The buyer is to do their own Due Diligence. PREQUALIFIED BUYERS ONLY! NO TIRE KICKERS! This site can only be shown by appointment. A Confidentiality Agreement will be required before any showings. A video accompanying this listing is attached.

MDAA2087840

MLS ID

July 1, 2024

Listed

October 2, 2024

Updated

Map

1321 Forest Dr
Annapolis MD, 21403

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

2 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Annapolis


Taxes

$19,664


Tax Frequency

Annually


Days on Market

85


Garage

No


Parking Total

175


View

No


County

ANNE ARUNDEL


Water Source

Public


Pool

No


Zoning

Commercially zoned, A A Co C-4/Annapolis City B-2

Listed by W F Chesley Real Estate, LLC.
Listing Contact: 4433362906 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 7:02 AM UTC

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