51 West Street

Positioned in the heart of Annapolis' Arts District, 51 West Street benefits from strong pedestrian activity, established local businesses, restaurants, entertainment venues, and convenient access to downtown Annapolis. The property's dual frontage on West Street and Cathedral Street enhances visibility, accessibility, and long-term investment appeal.The sale offering at 51 West Street is a rare opportunity to acquire a 100% leased, mixed-use, multi-tenanted, income-producing asset, AND a 25-year-old, currently operating restaurant business, in the heart of the Annapolis Arts District — one of the most culturally vibrant corridors in the region. The ±9,452 SF building spans four stories, including lower-level restaurant storage space, across five independent condominium units, with frontage and multiple means of egress on both West Street and Cathedral Street. Zoned Mixed Use, 51 West Street offers multiple paths to value: acquire the real estate and restaurant business together, purchase the real estate and bring a new restaurant concept to the retail storefront, purchase the fully leased real estate and hold as a stabilized investment, or leverage zoning for conversion to hotel, multifamily, or even look to sell off the individual condominiums.