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34543896
34543895

51 West Street, Annapolis, MD 21401 For Sale

CC
MD MD 660258
Hyatt Commercial
Hyatt Commercial
Hyatt Commercial
Listed by Hyatt Commercial
Unpriced
0 days on market
Updated 0 days ago

51 West Street

Details
Property Type Retail, Multifamily (+3)
Sub Type Restaurant, Storefront (+3)
Square Footage 9,452
Units 5
Occupancy 100%
Tenancy Multi
Zoning Mixed Use

51 West Street, Annapolis, MD 21401

Marketing description

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.

Listing Contacts

CC
MD MD 660258
Hyatt Commercial
Hyatt Commercial
Hyatt Commercial
Listed by Hyatt Commercial

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Additional Information

Name
Cecil Cummins
License
MD 660258
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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