For Lease
$16.32-$28 /SF/YR

249 West St Annapolis, MD 21401

Prime Annapolis mixed-use retail & apartment.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Annapolis, Maryland property at 249 West St offers a unique investment opportunity. The building, constructed in 1995, boasts a total of 2,214 square feet across two stories and includes two parking spaces. The property is zoned MX and situated in Anne Arundel County, zip code 21401. Currently configured as a thriving, established liquor store occupying the first floor, and a three-bedroom apartment on the second floor, this mixed-use building presents a compelling proposition. The liquor store, a successful business for 27 years, is available for sale separately. The building's layout allows for multiple tenancy options, with two separate spaces currently available for lease. The building's location in Annapolis provides excellent visibility and access to a strong customer base. This is an ideal opportunity for an investor seeking a blend of established income and future development potential. The property's solid construction and established tenant history make it a low-risk, high-reward investment. With its convenient location and versatile layout, this property is well-suited for a variety of commercial uses. Serious inquiries are encouraged to explore this rare opportunity to acquire a profitable, established business and a valuable commercial property in a desirable location.

Highlights

  • First-floor liquor store business for sale, turnkey operation.
  • Established business with 27 years of operating history.
  • Includes a 3-bedroom apartment on the second floor.
  • On-site parking for 1-2 vehicles.
  • A-2 Beer and Wine license included.
  • Higher rent applies if the business is not purchased.

Property Details for 249 West St

Property type
Retail properties, Mixed-use properties
RSF (Rentable sq. ft)
2,214 SF
Year Built
1995
Stories
2

Unit(s) available at that property

Space
Second Floor Apartment
Size
1,107 SF
Rate per SF
$16.32
Space
First Floor Liquor Store
Size
1,107 SF
Rate per SF
$28

Location Insight

City
Annapolis
County
Anne Arundel
State
Maryland
Latitude
38.9764233
Longitude
-76.5024601

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FAQs

What type of property is this?
Retail property - Prime Annapolis mixed-use retail & apartment.
Where is the retail property located?
The property is located at 249 West St Annapolis, MD.
What is the lease rate?
The lease rate is $16.32-$28 /SF/YR.
What are key features of this property?
This property features: First-floor liquor store business for sale, turnkey operation.; Established business with 27 years of operating history.; Includes a 3-bedroom apartment on the second floor.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Scott Douglas
Scott Douglas
Visit Broker Website

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Useful Information

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West St
Annapolis, MD 21401

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West St
Annapolis, MD 21401

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

249 West St
  • Scott Douglas
    Scott Douglas
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