Blockchain Registration Transaction Record

Historic Annapolis Building Changes Hands After 50+ Years

Friend Commercial Real Estate facilitates sale of historic Annapolis building after 50+ years in same family. Local investor acquires prime downtown retail property near City Dock.

This transaction matters because it represents the ongoing evolution of historic downtown commercial districts while maintaining local ownership. For Annapolis residents and visitors, it ensures the preservation of the area's unique character while allowing for continued commercial vitality. The sale demonstrates how historic properties can transition to new ownership without losing their community significance, setting a precedent for similar transactions in other historic districts. For commercial real estate investors, it highlights the enduring value of prime downtown locations and the importance of experienced brokerage firms in facilitating smooth transitions of long-held family properties.