Two-Parcel Retail Redevelopment
1991-1993 West Street Annapolis, MD 21401
1991-1993 West Street, Annapolis, MD, 21401
$2,099,000
For Sale
$2,099,000
Portfolio includes a leased retail building and an adjacent condemned parcel valued primarily for land redevelopment.
Property Size3,000 SF
Lot Size0.18 Acres
Price / SF$699.67
Days on Market530
Property Features for 1991-1993 West Street
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1962
Listing Agency
Metro Homes DMV LLC
Listed by
Patricia Caraballo
Source
Deepcreeklake
Added: Feb 5, 2025 Updated: Jul 10 at 1:48 pm Checked: Jul 19 at 5:41 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro Homes DMV LLC
Investment Insights
Based on property information with market context.
This sale includes two adjoining retail parcels on West Street, offered as a coordinated opportunity. The 1991 West St site features a retail building totaling 3,000 square feet on an approximately 8,000 square foot lot. The listing identifies zoning of BCE (Business Corridor Enhancement district) for this parcel. The current tenant is described as willing to continue leasing or vacate if necessary, which can affect transition timing for a buyer.
The second site, 1993 West St, is currently condemned. According to the listing, value here is primarily in the land itself, creating a redevelopment-oriented path for an investor or end user. Both parcels are positioned in an area the listing describes as having high visibility and heavy foot traffic with direct proximity to Annapolis’ historic downtown, supporting retail-oriented interest.
For tenants, buyers, or operators looking for retail frontage with an option to manage continuity, the 1991 property provides an operational building component alongside an adjacent redevelopment site. For redevelopment-minded investors, the combination of a remaining retail use and a condemned parcel valued for land can support a phased approach subject to applicable approvals. Please do not visit without a scheduled appointment, as noted in the offering materials.
The second site, 1993 West St, is currently condemned. According to the listing, value here is primarily in the land itself, creating a redevelopment-oriented path for an investor or end user. Both parcels are positioned in an area the listing describes as having high visibility and heavy foot traffic with direct proximity to Annapolis’ historic downtown, supporting retail-oriented interest.
For tenants, buyers, or operators looking for retail frontage with an option to manage continuity, the 1991 property provides an operational building component alongside an adjacent redevelopment site. For redevelopment-minded investors, the combination of a remaining retail use and a condemned parcel valued for land can support a phased approach subject to applicable approvals. Please do not visit without a scheduled appointment, as noted in the offering materials.
Key Highlights
- Portfolio of two retail assets at 1991 and 1993 West Street in Annapolis, MD
- 1991 West St: 3,000 SF retail building on an 8,000 SF lot, zoned BCE (Business Corridor Enhancement district)
- 1991 West St: current tenant is willing to continue leasing or vacate if necessary
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Dazzling Florist — 107 Gibralter Ave, Annapolis, MD 21401
- Adrimar Flowers & Gifts — 1900 Fairfax Rd, Annapolis, MD 21401
FAQs
What type of property is this?
Storefront property - Portfolio includes a leased retail building and an adjacent condemned parcel valued primarily for land redevelopment.
Where is this storefront property located?
The property is located at 1991-1993 West Street Annapolis, MD.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Portfolio of two retail assets at 1991 and 1993 West Street in Annapolis, MD; 1991 West St: 3,000 SF retail building on an 8,000 SF lot, zoned BCE (Business Corridor Enhancement district); 1991 West St: current tenant is willing to continue leasing or vacate if necessary