West Garrett Place Listed Near Annapolis Arts District

A chunky, 76,000-square-foot mixed-use complex on West Street has quietly become one of downtown Annapolis’s biggest real estate stories of the year. The property at 257 and 275 West Street, known locally as West Garrett Place, hit the market Monday, offering one of the largest contiguous redevelopment footprints along the corridor. The package includes two buildings plus an attached five-story parking garage and is being pitched to investors, owner-users and developers who see value in both its current income and its long-term conversion potential. In a downtown where historic-district rules and tiny parcels usually keep projects small, its size alone makes it a unicorn.

What the offering includes

Revere shows the listing at 76,139 rentable square feet on a 65,340-square-foot site, with 10 tenants, 73% occupancy and a weighted average lease term of about 5.09 years. The package bundles two buildings with an attached five-level garage that holds 288 parking spaces, which lets a buyer collect rent while weighing future redevelopment. Marketing notes describe the asset as a below-replacement-cost, “once-in-a-decade opportunity” for groups looking for near-term cash flow or a meaningful conversion play down the line.

Conversion potential and zoning

According to Eye On Annapolis, the offering materials highlight potential fits that include retail, office, multifamily, hotel, and broader hospitality uses, with the site zoned Mixed Use under the City of Annapolis code. Unlike many downtown parcels, West Garrett Place is not subject to Historic District Commission review, a detail that gives a future owner more leeway on exterior changes and overall program. That flexibility is a big part of why brokers expect interest from both regional capital and local owner-operators who know the corridor well.

Who’s marketing the deal

Revere shows the offering is being marketed by Hyatt Commercial. The investment sales team listed includes Cecil Cummins, Eddie Trujillo, Eric Pinkett, and Owen Wellschlager, with leasing contacts Eddie Trujillo and John Kauffman. Brokers say they have framed the property to appeal to a broad buyer pool, leaning on the combination of in-place income and clear redevelopment optionality. For now, the offering materials and the listed broker contacts remain the main public channels for would-be buyers to kick the tires.

Why this matters for West Street

LoopNet and local materials note that West Garrett Place sits across from the Park Place complex and in the stretch frequently labeled the gateway to the Annapolis Arts District, which puts any redevelopment buyer steps from theaters, restaurants, and hotels. City planning documents and community feedback have long pointed to Upper West Street as a priority area for arts, hospitality, and mixed-use projects, which makes a large, flexible downtown site like this especially rare. The 288-space garage and plaza-style frontage are also practical chips in a district where parking supply and parcel size often limit what can realistically get built.

What to watch next

Prospective buyers will be running their calculators on pricing versus replacement cost, and on whether to push near-term leasing or pivot portions of the property to residential or hospitality over time. How much interest the listing draws, the offers that emerge, and any eventual redevelopment concepts will provide the clearest read on how the market values a footprint as unusual as West Garrett Place in downtown Annapolis.