247 King George Street & 49 College Avenue

Landmark Annapolis Property Irreplaceable Location & Historically Significant Property USE - RESIDENTIAL OR COMMERCIAL (PER CITY OF ANNAPOLIS ZONING CODE)

3 Structures on 2 parcels - .73 Acres Total of approximately 14,000 SF

CALL FOR OFFERS 247 KING GEORGE STREET Due February 23, 2021 & 49 COLLEGE AVENUE Annapolis, MarylanD 21401

MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. www.RossoCRE.com Table of Contents

Zoning 3

Property Overview 4

Ogle Hall Overview 6

Carriage House Overview 9

49 College Avenue Overview 11

Location Overview 14

Area Map / Market Overview 17

MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. 247 King George Street & 49 College Avenue zoning

Zoning with Uses

Uses District C1 Uses District C1

Accessory buildings and uses, including Greenhouses and conservatories, private Permitted as an Accessory Use Permitted as an Accessory Use signs (noncommercial) Permitted as an Accessory Group homes Special Exception Antennas and amateur radio stations Use-Subject to Standards Accessory Use-Subject to Home occupations Apartment hotels Not Permitted Standards Permitted Use-Subject to Hospitals and sanitariums Special Exception Bed and breakfast homes Standards Inns Special Exception Bed and breakfast home in a structure Institutions for the care or treatment of constructed or erected after December 14, Not Permitted Not Permitted 1998 on a vacant lot of record alcoholics, drug addicts and the mentally ill Special Exception-Subject to Colleges, private Permitted Use Institutions for the care of the aged Standards Day care, family Not Permitted Museums and art galleries, including Day care centers, group, in conjunction with historic buildings and shrines for patriotic, Permitted Use Not Permitted public school facilities cultural and educational purposes Day care centers, group, including day care Philanthropic and charitable institutions, Special Exception-Subject to centers accessory to a principal religious Special Exception civic nonprofit organizations, and social and Standards institution fraternal organizations Driveways, walkways, parking or access for Planned developments, residential and Not Permitted uses located in an adjacent nonresidential Not Permitted special mixed district Recreational and social clubs, Not Permitted Special Exception-Subject to noncommercial Dwellings, multi-family Standards Religious institutions, including churches, Permitted Use Dwellings, multi-family containing six or chapels, mosques, temples, and synagogues Not Permitted fewer dwelling units Rest homes and nursing homes Special Exception Special Exception-Subject to Dwellings, single-family attached Schools, private, elementary, middle, or Standards Special Exception high Dwellings, single-family detached Permitted Use Schools, vocational Not Permitted Special Exception-Subject to Dwellings, two-family Permitted as an Accessory Standards Telecommunications facilities Use-Subject to Standards Garages and carports Accessory Use Permitted Use-Subject to Temporary uses Governmental uses Not Permitted Standards Public schools and colleges Permitted Use Tool houses, sheds and other similar buildings for the storage of domestic Permitted as an Accessory Use Other government and government-related Special Exception supplies and equipment structures, facilities and uses

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. | 3 247 King George Street & 49 College Avenue ANNAPOLIS, MARYLAND 21401

Total Acreage: 0.73 acres +/- (includes Ogle Hall & 49 College Ave) Includes 2 parcels:

247 King George Street 49 College Avenue (Individual Tax Parcel) (Individual Tax Parcel)

– Ogle Hall: Approximately 8,000 SF – Approximately 4,325 SF

(including finished, sprinklered basement) – 3-story house renovated for non- Elevator served. profit office use. – Carriage House: Approximately 1,760 SF PROPERTY PROPERTY (2,200 SF w/ basement) HIGHLIGHTS

*All square footages are approximate and should be confirmed by Buyer’s architect.

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. | 4 247 King George Street & 49 College Avenue property overview

247 King George St. Ogle Hall 49 College Ave.

247 King George St. Carriage House

3 Structures on 2 parcels - .73 Acres Total of approximately 14,000 SF

247 King George Street Ogle Hall Annapolis, MD 21401

Property History / Background This property, originally erected in 1739 - 1742 (Georgian Style), once served as a residence for Maryland Governor Samuel Ogle, as well as two future MD Governors. In 1747, this historically deemed colonial property (MHT# AA-530) saw several transformations/modifications over the next several decades. The three story, elegant brick house with a steep gable roof situated on the prominent corner of King George St & College Ave across from St. John’s College was owned by various owners until it was sold and purchased by the United States Naval Academy Alumni Association in 1944. After extensive renovations returning the property to its original colonial origins, it was opened in October 1945 as a social meeting place for alumni and working place for the association.

3-story house renovated for non-profit Description office use Cedar shake roof w/ gutters, replaced Roof in 2006

Parking 2 spaces Air cooled chiller plant w/ 4 air HVAC handlers

Sprinkler Finished basement/ lower level ADDITIONAL HISTORICAL INFORMATION: Elevator Hydraulic elevator installed in 2006 https://mht.maryland.gov/secure/medusa/PDF/AnneArundel/AA-530.pdf Kitchen Commercial grade w/ grease trap

Water & Sewer Public water/sewer

Ogle Hall

FIRST FLOOR

CLICK FOR VIRTUAL TOUR OF OGLE HALL SECOND FLOOR

Ogle Hall

THIRD FLOOR

FOURTH FLOOR

247 King George Street Carriage House Annapolis, MD 21401

Property History / Background The Carriage House is a 2 story brick facade building that sits on College Ave in the southwesterly portion of the 247 King George St property. It currently serves as additional office space for the United States Naval Academy Alumni Association. The building consists of several private offices, open work space, a single bathroom, and kitchenette.

2-story house renovated for non-profit Description office use

Roof Asphalt shingle roof, in good condition

Parking Shared with Ogle Hall

HVAC Existing single residential unit

Sprinkler None

Water & Sewer Public water/sewer

carriage house

FIRST FLOOR

CLICK FOR VIRTUAL TOUR OF THE CARRIAGE HOUSE SECOND FLOOR

49 College Avenue Annapolis, MD 21401

Property History / Background This property is recorded by the Maryland Historical Trust – Maryland Inventory of Historical Properties as The Alice P.S. Haeseler House (AA-1847). The owner-occupant of this building commonly refers to this property as the 49 House. The 49 House is a three-story plus Queen Anne style structure that was originally constructed in 1887 for residential use. Since constructed, the subject building was renovated for office use in 1997 for the United States Naval Academy Alumni Association.

3-story house renovated for non-profit Description office use

Roof Asphalt shingle roof, replaced in 2017

Parking Approximately 9 spaces

HVAC VRV/VRF system installed in 2014

Sprinkler None

Water & Sewer Public water/sewer

FIRST FLOOR

CLICK FOR VIRTUAL TOUR OF 49 COLLEGE AVENUE SECOND FLOOR

THIRD FLOOR

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD.| 13 247 King George Street & 49 College Avenue location overview

Location & Neighbors Overview Anne Arundel County is located in the heart of the nation’s fourth largest market, the Baltimore-Washington D.C. corridor. It is home to the state capital, Annapolis, and to the U.S. Naval Academy, both major destinations for visitors. With over 500 miles of shoreline along the Chesapeake Bay and its tributaries, the county successfully combines natural beauty and rural charm with metropolitan sophistication.

The county’s economy is supported by a diverse set of economic drivers such as BWI Thurgood Marshall Airport, the defense industry, world class private sector employers, and telecommunications, retail, and distribution operations. Its rapidly expanding defense industry is fueled by the presence of the NSA, DISA and U.S. Cyber Command, all located at Fort George G. Meade. Ft. Meade is now the center for cyber operations in the nation with the presence of U.S. Cyber Command, NSA and DISA. Currently $1.8 billion in construction is underway on the installation, with much of it related to the expansion of U.S. Cyber Command.

Anne Arundel County’s 14,700 businesses employ an estimated 214,000 workers; over 340 of these businesses have 100 or more workers. Key private sector employers include Booz Allen Hamilton, CSC, Johns Hopkins HealthCare, Northrop Grumman, Rockwell Collins, Southwest Airlines and KeyW.

Estimated # Government Employer Product or Service of Employees U.S. Department of Defense installation; 119 tenant organizations Fort George G. Meade 53,733 including the National Security Agency, Defense Information System Agency and U.S. Cyber Command County public education K-12 (employee number includes full- Anne Arundel County Public Schools 14,000 time, part-time & contractual employees

State of Maryland 12,132 State government services

BWI Thurgood Marshall Airport 9,717 Regional airport

Anne Arundel County Government 5,190 Local government services

U.S. Naval Academy 2,340 Federal naval education facility

Anne Arundel Community College 1,849 Public two-year college

U.S. Postal Service 600 Incoming mail service

U.S. Coast Guard, industrial supply, logistics and operational U.S. Coast Guard Yard & Tenant Command 598 support

City of Annapolis Government 550 Government services

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD.| 14 247 King George Street & 49 College Avenue location overview

History of Annapolis: Incorporated as a city in 1964, Annapolis developed as a major colonial port serving central Maryland for importing/ exporting goods, as well as being along a major colonial overland-water travel route. During this time, Annapolis became the capital of the province, which furthered its importance to the colonies (for a short period, the City served as the capital of the United States of America). Annapolis has continued its tradition as a center for government as the location of the state capital and the seat of government for Anne Arundel County.

Since being incorporated, the City of Annapolis has remained a small city, loosing economic influence as both a port and as a travel center to major commerce centers (specifically the City of Baltimore which is 24 miles north of Annapolis). The City’s mainstay economic base today is the state capital for Maryland, the seat of Anne Arundel County government, and home to the United States Naval Academy (established in 1845). While for many, the City of Annapolis is synonymous with the Naval Academy, it is much more than simply the Academy’s home; Annapolis is both a historic and a living metropolis.

The City of Annapolis is situated in the east/central portion of Anne Arundel County, near the confluence of the Severn River and Chesapeake Bay. The City is irregularly shaped by water frontage on the Severn River and several tributary creeks. The City is roughly bound on the north by Weems Creek and U.S. Route 50/301

Although small in total land area, the City of Annapolis is of major importance to the region; as an employment center, an established hub for various governments and institutions, and for its historical significance. Additionally, with its extensive waterfront exposure and appealing lifestyle, the City continues to attract increasingly affluent residents; many who commute to high-income jobs in the Washington D.C. and Baltimore metropolitan areas. For these reasons, the City of Annapolis is anticipated to continue, as it has for the past decade, as a stable community with slow population growth and an economic center for Anne Arundel County.

The subject properties’ location are within the City of Annapolis’s Historic District, overlooking St. John’s Campus and the signalized intersection of King George Street and College Avenue.

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD.| 15 247 King George Street & 49 College Avenue location overview

Demographics

Population

2 mile 5 mile 10 mile

2010 Population 34,662 107,535 218,729

2020 Population 36,954 113,335 228,531

2025 Population Projection 37,906 116,037 233,729

Annual Growth 2010-2020 0.7% 0.5% 0.4%

Annual Growth 2020-2025 0.5% 0.5% 0.5%

Median Age 35.4 38.7 41.2

Bachelor’s Degree or Higher 47% 49% 48%

U.S. Armed Forces 4,005 4,628 5,456

Households

2 mile 5 mile 10 mile

2010 Households 13,136 41,679 82,515

2020 Households 13,957 43,905 86,026

2025 Household Projection 14,316 44,960 87,972

Annual Growth 2010-2020 0.3% 0.4% 0.3%

Annual Growth 2020-2025 0.5% 0.5% 0.5%

Owner Occupied 7,542 30,126 67,603

Renter Occupied 6,416 13,779 18,422

Avg. Household Size 2.3 2.4 2.6

Avg. Household Vehicles 2 2 2

Total Specified Consumer Spending ($) $516,283,802 $1,788,032,806 $3,755,206,166

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD.| 16 247 King George Street & 49 College Avenue area map

Access and Transit Times Washington, DC 31.9 miles 42 mins Baltimore, MD 32.6 miles 35 mins BWI Airport 24.3 miles 29 mins I-97 5.3 miles 8 mins Route 295 23.4 miles 25 mins Route 100 19.6 miles 20 mins Fort Meade 20 miles 22 mins

Transportation and Access: Strategic Positioning and Access to Transportation Services 247 King George Street & 49 College Ave is located in downtown Annapolis near the U.S. Naval Academy and is situated minutes from U.S. Route 50/301.

HIGHWAYS AIR East/West – U.S. 50/301, North/South – I-97, Baltimore-Washington Baltimore/Washington International Thurgood Marshall Airport has Pkwy. with easy access to major consumer markets. over 680 U.S. and international flights daily; 395,000 s.f. Air Cargo Center; 214-acre Foreign-Trade Zone; longest runway is 10500’; easy access to major highways; passenger rail service by MTA’s light rail and Amtrak; hourly SuperShuttle service to Annapolis, Baltimore, Prince George’s and Montgomery Counties, and Northern Virginia; 24-hour airport shuttle service.

All information is from sources deemed reliable, but not guaranteed by Rosso Commercial Real Estate Services or its agents. Package is subject to price changes, errors, omissions, corrections, prior sales or withdrawal. MOVING COMMERCIAL REAL ESTATE GOALS FORWARD. | 17 247 KING GEORGE STREET & 49 COLLEGE AVENUE Annapolis, MarylanD 21401

CONTACT INFORMATION:

Ryan Brassel John A. Rosso, SIOR Ross Westholm Gene Parker [email protected] [email protected] [email protected] [email protected] C | 410.507.3144 C | 410.802.1909 C | 443.336.9855 C | 443.695.5436

One Annapolis Street | Suite 101 | Annapolis, MD 21401 | www.RossoCRE.com