deal image
51 West StAnnapolis, MD 21401
51 West Street
Asset ClassMixed Use, Retail, Hotel & Hospitality, Multifamily, Office
overview of deal

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.

Access the Data Room

Investment Highlights

Square Feet
9,452
% Leased
100%
# Units
5
Retail SF
2,760
deal gallery image
deal gallery image
deal gallery image
51 West StAnnapolis, MD 21401

Inquire

Listing provided by LightBox Revere