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Listed by Martha Liriano • Keller Williams Capital Properties

$900,000

Est. payment - /mo

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3,790 Sqft Lot

Active

500 S WOLFE ST S Baltimore, MD 21231

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Fells Point Historic District

MLS Listing ID MDBA2206376

Year Built 1920

Available Date 2026-04-04

Annual Tax Amount $8,310

Tax Year 2025

Lot Size 3,790 Sqft

Acres 0.09

Property Sub-Type Retail

Source BRIGHT

Property Description

Exceptional commercial investment opportunity at a high-visibility corner location just three blocks north of the iconic Fells Point waterfront. This versatile multi-storefront property — boasting three separate addresses — offers unmatched flexibility for the savvy investor or owner-operator looking to maximize income potential in one of Baltimore's most vibrant corridors. The main level is perfectly suited for a restaurant or bar operator to establish their flagship concept, while the upper level presents a fully operational bar and lounge currently featuring pool/billiard tables and a lively entertainment atmosphere. Adding to the passive income stream, third-party vendors operating pool tables, gaming slots, and ATMs generate ongoing revenue, with the property owner receiving 50% of all earnings — no extra effort required.

The upside potential here is substantial. Additional space within the property can be converted into a new retail storefront or residential apartment unit, giving the next owner multiple paths to increased cash flow. The property is move-in ready and in full working condition, making this a true turn-key asset with immediate income on day one. The only reason for sale is the seller's retirement after a successful run — this is a clean, motivated sale with no operational concerns.

Whether you're an experienced investor seeking strong cash flow or an operator ready to own your building, this property delivers a rare combination of immediate income and long-term upside. With its unbeatable corner visibility, proximity to the energy of Fells Point, and multiple revenue streams already in place, opportunities like this simply don't come around often.

Location

State MD

County Baltimore City

Zoning C-1

Interior

Hot Water None

Heating Other

Cooling None

Heat Source Other

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0302081781 037

Ownership Fee Simple

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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500 S WOLFE ST S Baltimore, MD 21231

DC Homes Guide

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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500 S WOLFE ST S