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Renovated Multi-Level Retail Building
For Sale
$2,200,000

15 West Street, Annapolis, MD 21401

Renovated multi-level retail building with 1st/2nd floor space and a fully improved basement.

Property Size3,900 SF
Price / SF$564.10
Days on Market111

Property Features for 15 West Street

General Information

Standard status Active
Size 3,900 SF
Property subtype Retail - Street Retail

Building Details

Building Size 3,900 SF
Year Built 1950
Stories 2
Units 1
Listing Agency: Hyatt Commercial Real Estate
Listed By: William C. Steffey · License #36878
Source: Commercialcafe
Added: May 17 Changed: Sep 3 Last Checked: Sep 4 at 2:36AM

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 Hyatt Commercial Real Estate

Investment Insights

Based on property information with market context.

This renovated multi-level retail building totals 3,900 SF and is positioned for retail ownership or investment. Formerly Sadona Salon, the property has benefited from major renovations with more than $1 million invested. The 1st and 2nd floors comprise approximately 2,600 SF, while the building also includes a fully improved 1,300 SF basement.

Located at 15 West Street in Annapolis, MD, the property sits on the 1st block of West Street near Church Circle, the courthouse, and main street downtown. The downtown setting places it within walking distance of prominent civic and visitor destinations including the United States Naval Academy, Annapolis Harbor, and the Maryland State House.

With a clear split between main-floor space and a finished basement level, the building provides an adaptable interior layout for a retail user evaluating downtown operations or an investor seeking a street-facing commercial asset in the heart of Annapolis.

Key Highlights

  • 3,900 SF retail building in Annapolis, MD, formally Sadona Salon
  • More than $1 million invested in major renovations
  • 1st and 2nd floors offer approximately 2,600 SF of space

Property Analytics

Current Use

Sadona Salon + Spa Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Electrical Service Garden Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,877
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21401, MD

39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • floret + vine 222 Severn Ave #4a, Annapolis, MD 21403
  • Art de la Fleur Florist & Plants 60 West St #162, Annapolis, MD 21401, United States

Frequently Asked Questions

What type of property is this?
Storefront property - Renovated multi-level retail building with 1st/2nd floor space and a fully improved basement.
Where is this storefront property located?
The property is located at 15 West Street Annapolis, MD.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 3,900 SF retail building in Annapolis, MD, formally Sadona Salon; More than $1 million invested in major renovations; 1st and 2nd floors offer approximately 2,600 SF of space
More about this property
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