132 Dock Street, Annapolis, MD for sale

Investment Overview

Located along the Annapolis Harbor in one of Downtown Annapolis’ most coveted locations, 132 Dock Street presents a rare investment opportunity. This ±2,500 SF restaurant building is fully leased to Armadillo’s Bar & Grill, a longtime Annapolis institution that has operated from this location for more than 30 years and is committed under a long-term lease. The property features a sprinkler system, grease trap, hood system, and other existing restaurant infrastructure. An exceptional opportunity to acquire a premier, fully leased restaurant property in the heart of Downtown Annapolis, directly adjacent to the City’s transformative $87+ million City Dock Revitalization Project. Upon completion, the project will enhance one of the region’s most desirable waterfront destinations with flood protection infrastructure, a new waterfront park, expanded public gathering spaces, and improved pedestrian connectivity.

Investment Highlights

• Located in the heart of Annapolis' historic waterfront district, just steps from Annapolis City Dock and Ego Alley
• 100% leased to Armadillos Bar & Grill for the past 30+ years
• Triple Net lease structure with limited Landlord responsibilities
• The property is equipped with a sprinkler system, grease trap, hood system & other kitchen infrastructure
• 2 floors of finished bar/restaurant space
• High barrier to entry market with limited restaurant/bar supply
• Positioned directly adjacent to Annapolis' transformational $87+ million City Dock Project, which will deliver flood protection infrastructure, a new waterfront park, expanded public gathering space, and enhanced pedestrian activity throughout the City's premier waterfront district
• DO NOT DISTURB TENANT