245 West St Annapolis, MD 21401
- Retail properties
- 18,972 SF
Current Use by Public Records
- Retail properties
Property Details for 245 West St
- Property size
- 18,972 SF
- Property type
- Retail properties
Description
This exceptional 18,972-square-foot retail space at 245 West Street in Annapolis, Maryland, presents a unique investment opportunity. Located in Anne Arundel County, zip code 21401, this single-tenant property sits at a highly visible, signalized intersection on West Street. The entire building is currently vacant, offering immediate occupancy for a wide range of commercial uses. The property's MX (Mixed-Use) zoning allows for diverse development possibilities, potentially including residential components, expanding its appeal and investment potential. Its strategic location is further enhanced by its proximity to Park Place, a recently completed mixed-use development, indicating a thriving and growing neighborhood. The substantial square footage provides ample space for a large-scale retail operation or a creative redevelopment project. This property offers significant potential for a discerning investor seeking a high-impact commercial space in a vibrant and desirable location within Annapolis's bustling downtown area. The latitude and longitude coordinates are 38.9764502 and -76.5019309 respectively. This is a rare chance to acquire a substantial commercial property with significant upside in a prime Annapolis location.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Annapolis
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.5019
- Latitude
- 38.9765