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Two-Parcel Retail Redevelopment Portfolio
For Sale
$2,099,000

1991-1993 WEST STREET, Annapolis, MD 21401

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 Market294

Property Features for 1991-1993 WEST STREET

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 5
Lot size 0.18 Acres
Zoning BCE

Taxes and HOA fees

Annual Taxes $10,350

Amenities

Other

Building Details

Building Size 3,000 SF
Year Built 1962
Listing Agency: Metro Homes DMV LLC
Listed By: Patricia Caraballo · License #0225195827
Source: Evrealestate
Added: Nov 22, 2025 Changed: Sep 8 Last Checked: Sep 12 at 5:15AM

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.

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

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Current Use

Storefront properties

Suggested Use

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

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

3,103
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 59% Office Supplies 38% Electronics 3%
Lidl Groceries
16,233 visits/mo 0.4 miles
Office Depot Office Supplies
10,368 visits/mo 0.5 miles
Boost Mobile Electronics
943 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Adrimar Flowers & Gifts 1900 Fairfax Rd, Annapolis, MD 21401
  • Dazzling Florist 107 Gibralter Ave, Annapolis, MD 21401

Frequently Asked Questions

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
More about this property
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