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Annapolis Retail Assets For Sale
For Sale
$2,099,000

1991-1993 WEST St, Annapolis, MD 21401

Two retail assets with redevelopment potential in a prime location.

Property Size3,000 SF
Lot Size0.29 Acres
Price / SF$699.67
Days on Market151

Property Features for 1991-1993 WEST St

General Information

Standard status Active
Size 3,000 SF
Lot size 0.29 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,350

Building Details

Year Built 1962
Units 1
Listing Agency:
Listed By: Carlos Caraballo
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 2:25PM

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 Carlos Caraballo

Investment Insights

Based on property information with market context.

Two retail assets are available for sale at 1991 and 1993 West Street in Annapolis, MD. The property at 1991 West Street features a 3,000 square foot retail building situated on an 8,000 square foot lot. Zoned BCE (Business Corridor Enhancement district), this property benefits from high visibility and heavy traffic, making it suitable for attracting customers. The current tenant is open to either continuing their lease or vacating, offering flexibility to potential buyers. The property at 1993 West Street has a lot size of 4,800 square feet. This property is currently condemned, with its value primarily residing in the land, presenting a unique redevelopment opportunity. The location offers high foot traffic and direct proximity to Annapolis’ historic downtown, ensuring excellent visibility and accessibility for any retail business.

Key Highlights

  • Two retail assets for sale on West Street in Annapolis, MD.
  • 1991 West St: 3,000 sq ft retail building on an 8,000 sq ft lot in a Business Corridor Enhancement district, built in 1962.
  • High visibility and heavy traffic location** near Annapolis' historic downtown.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Fish Market Pet Grooming Service Tanning Salon Restaurant

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

2,717
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail assets with redevelopment potential in a prime location.
Where is this retail space located?
The property is located at 1991-1993 WEST St 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: Two retail assets for sale on West Street in Annapolis, MD.; 1991 West St: **3,000 sq ft retail building on an 8,000 sq ft lot** in a Business Corridor Enhancement district, built in 1962.; High visibility and heavy traffic location** near Annapolis' historic downtown.
More about this property
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