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Listed by Chao Han • Samson Properties
$350,000
Est. payment /mo
2,200 SqFt
New
189 MAIN ST Annapolis, MD 21401
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Key Details
Property Type Commercial
Sub Type Sports and Entertainment
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $159
MLS Listing ID MDAA2123318
Year Built 1989
Tax Year 2024
Property Sub-Type Sports and Entertainment
Source BRIGHT
Property Description
🍣 Well-Established Japanese Restaurant for Sale – Downtown Annapolis
📍 Prime Location | 20+ Year Reputation | Proven Profitability | Affordable Price
Own a thriving Japanese restaurant in the heart of downtown Annapolis — a business with over two decades of loyal clientele, consistent revenue, and tremendous potential for growth.
Business Highlights:
2024 Revenue (on paper): $1.15M
Upto June 2025 Revenue: Already over $600K
Size: 2,200+ sq. ft. dining space + 2-table outdoor seating
Lease: Through Feb. 2025 (4.5 years remaining) with 3% annual increase + 5-year option
Equipment Upgrades:
New HVAC (2024)
New Ice Maker (May 2024)
All major appliances within the last 6 years
Walk-in cooler only 2 years old
Affordable asking price for a business of this size and revenue level
Growth Potential:
Increase menu prices to match market rates
Expand catering, takeout, and delivery services
Enhance marketing to attract new customers and capitalize on tourist traffic
Potential to grow annual revenue significantly with minimal capital investment
📍 Prime Location | 20+ Year Reputation | Proven Profitability | Affordable Price
Own a thriving Japanese restaurant in the heart of downtown Annapolis — a business with over two decades of loyal clientele, consistent revenue, and tremendous potential for growth.
Business Highlights:
2024 Revenue (on paper): $1.15M
Upto June 2025 Revenue: Already over $600K
Size: 2,200+ sq. ft. dining space + 2-table outdoor seating
Lease: Through Feb. 2025 (4.5 years remaining) with 3% annual increase + 5-year option
Equipment Upgrades:
New HVAC (2024)
New Ice Maker (May 2024)
All major appliances within the last 6 years
Walk-in cooler only 2 years old
Affordable asking price for a business of this size and revenue level
Growth Potential:
Increase menu prices to match market rates
Expand catering, takeout, and delivery services
Enhance marketing to attract new customers and capitalize on tourist traffic
Potential to grow annual revenue significantly with minimal capital investment
Location
State MD
County Anne Arundel
Zoning NA
Interior
Hot Water Electric
Heating Central
Heat Source Central
Exterior
Garage Spaces 15.0
Water Access N
Accessibility Other
Total Parking Spaces 15
Garage N
Building
Sewer Public Hook/Up Avail
Water Public
New Construction N
Schools
School District Other-Ot
Others
Tax ID NO TAX RECORD
Ownership Leasehold
Special Listing Condition Standard
