443-510-0632
51 West St, Annapolis, MD for Sale
Storefront Retail/Office - FOR SALE
1/20
null | Request Cap Rate

NEW


51 West St
Annapolis, MD 21401
Downtown Annapolis


HIGHLIGHTS

  • Rare Mixed-Use Investment Opportunity – Acquire a fully leased, income-producing asset in the heart of Annapolis' sought-after Arts District.
  • 100% Occupied with Multiple Income Streams – Four-story, ±9,452 SF property featuring multiple tenants and diversified revenue sources.
  • Established Restaurant Business Included – Opportunity to purchase a successful, 25-year-old operating restaurant along with the real estate.
  • Prime Downtown Annapolis Location – Prominent frontage and visibility on both West Street and Cathedral Street within a vibrant dining, retail, and en
  • Flexible Ownership Strategies – Ideal for investors, owner-users, restaurateurs, or developers seeking a stabilized asset with upside potential.
  • Value-Add Redevelopment Potential – Mixed Use zoning supports future conversion opportunities including boutique hotel, multifamily, or condominiums

OVERVIEW

The sale offering at 51 West Street is a rare opportunity to acquire a 100% leased, mixed-use, multi-tenanted, income-producing asset, AND a 25-year-old, currently operating restaurant business, in the heart of the Annapolis Arts District — one of the most culturally vibrant corridors in the region. The ±9,452 SF building spans four stories, including lower-level restaurant storage space, across five independent condominium units, with frontage and multiple means of egress on both West Street and Cathedral Street. Zoned Mixed Use, 51 West Street offers multiple paths to value: acquire the real estate and restaurant business together, purchase the real estate and bring a new restaurant concept to the retail storefront, purchase the fully leased real estate and hold as a stabilized investment, or leverage zoning for conversion to hotel, multifamily, or even look to sell off the individual condominiums. Great for Investor or Owner User ! Reach out for access to the offering memorandum and data room!

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MXD

APN/PARCEL ID

06-104-90043965

ASK ABOUT THIS PROPERTY

Cecil CumminsHyatt CommercialMore Info
443-510-0632

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Cecil CumminsHyatt CommercialMore Info
443-510-0632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.