News

Iconic Annapolis Marina, Office, and Restaurant Under New Ownership

MacKenzie Commercial Real Estate Services, LLC is proud to announce the sale of Annapolis’ Third Street Marina, located in the historic Eastport, at 310 – 312 Third Street, Annapolis, Maryland 21403. The property consists of an expandable, 10-slip marina with travel lift, a 3,512-square-foot, two-story waterfront office building, and the 4,160-square foot O’Learys Seafood, one of Annapolis’ finest restaurants.

The project will continue to be managed by MacKenzie Management Company, who manages several marinas in Maryland including the nearby Annapolis City Marina. MacKenzie Commercial Real Estate President Scott Wimbrow and Senior Vice President Trish Farrell represented the Marina’s owner and landlord in the sale of the property. Of the project, Scott Wimbrow said, “We very much enjoyed working on this project. The Third Street Marina is a staple in the Eastport community, and we know the new ownership will enjoy all of the successes this great property affords.”

This project provided a great opportunity to invest in a rarely available asset along Annapolis’ waterfront, unquestionably one of the nation’s premier real estate markets. The property’s size, coupled with the tenant diversity and unparalleled location on Spa Creek in Eastport will ensure that this location remains forever desirable to boaters, diners and office users alike.  Tim Jaeger and Todd Bosley of DANAC represented the buyer in the transaction.

“The Third Street Marina is a unique and eclectic real estate investment property that has enjoyed solid upscale tenancy over the years and will continue to be one of the most sought-after maritime addresses in Annapolis,” stated Farrell.

For sale and leasing inquiries, or additional information on this project, please contact Scott Wimbrow at swimbrow@mackenziecommercial.com or (410) 953-0354, or Trish Farrell at tfarrell@mackenziecommercial.com or (410) 974-9003.

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MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial and residential development, general construction, property and asset management, debt and equity capital placement, and market research.  With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.