Annapolis, MD, September 16, 2024 – Hyatt Commercial announces the sale of 121 Main Street in downtown Annapolis. 121 Main, LLC sold the property to a local investor for $1,250,000. The entire transaction, from listing to settlement, took just 65 days.
Downtown Annapolis, with its shops, restaurants, and historic landmarks, remains one of Maryland’s top spots for commercial investment. The new tenants at 121 Main Street will likely contribute to the vibrant atmosphere of the district.
John Gallagher represented the buyer, while Cecil Cummins and Eric Pinkett represented the seller. Gallagher is now leading leasing efforts to bring tenants into this prime location.
“The rapid timeline of this transaction reflects the strong demand for commercial real estate in Annapolis, particularly in high-traffic areas like Main Street,” said Gallagher. “We look forward to working with the new owner to bring dynamic tenants into the space and contribute to the vibrancy of downtown.”
This transaction was covered by CityBiz.
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