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Class A Office Building Annapolis
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151 West St, Annapolis, MD 21401

Three-story, 36,000 SF Class A office building for lease.

Space Size2,214 SF - 3,247 SF
Property Size36,014 SF
Days on Market1082

Property Features for 151 West St

General Information

Standard status Active
Size 2,214 SF - 3,247 SF
Class A
Property subtype Office

Building Details

Building Size 36,014 SF
Year Built 1998
Tenancy Multiple

Spaces For Lease

at 151 West St Contact us

2nd Floor Office Space

Size
2,214 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

2nd Floor

Size
3,247 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Hyatt Commercial
Listed By: Cecil Cummins · License #MD 660258
Source: Crexi
Added: Aug 24, 2023 Changed: Aug 8 Last Checked: Aug 9 at 10:38AM

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

Investment Insights

Based on property information with market context.

Located in Mid-Town Annapolis, 151 West Street is a three-story, approximately 36,000 square foot Class A office building. Originally developed in 1998, the property is positioned as a "Suburban–Urban" location, near restaurants, coffee shops, residential condos, and hotels. It features 80 on-site parking spaces and is adjacent to an approximately 120-space public garage. The location provides access to major commuter roads, allowing tenants to park once and not need their cars again until the end of the workday. The State of Maryland has occupied a full floor for over two decades. Annapolis is a submarket to both the Washington, D.C., and Baltimore MSAs with a total of 7.4 million SF of office space. The Class A Office Market is much smaller at less than 2 million SF and the Suburban – Urban Core Class A Office Market consists of only 8 buildings at a total of 690K SF. The property contributed to the success of the West Street Revitalization District.

Key Highlights

  • Class A office building with efficient floor plates.
  • High occupancy rate (89% leased) with historically low vacancy.
  • Anchored by a long‑term tenant, the State of Maryland.

Property Analytics

Current Use

Frederick R. Franke, ... Law Firm CareFirst BlueCross BlueShield Insurance Agency Maryland State Board ... State Government Office parkingmgt.com Parking Lot & Garage TRACE Charitable Organization

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Florist Pet Grooming Service Storage Facility Auto Parts Store

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

Lease Details

NNN (Triple Net)
Lease Type

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story, 36,000 SF Class A office building for lease.
Where is this office building located?
The property is located at 151 West St Annapolis, MD.
What are key features of this property?
This property features: Class A office building with efficient floor plates.; High occupancy rate (89% leased) with historically low vacancy.; Anchored by a long‑term tenant, the State of Maryland.
(410) 266-8800 Call to check price and availability
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