1184 Nanticoke Street
Baltimore, MD, 21230 $ 550,000
Bedrooms-- Baths-- Sq 3,640 Monthly Estimate*
$ 3,431
for $550,000. This 3,640 square foot building was built in 1898.
Discover an exceptional investment opportunity in the heart of the Pigtown Historic District! This charming commercial property, built in 1898 and effectively renovated in 2022, offers a unique blend of historic character and modern functionality, making it a prime candidate for savvy investors looking to get in early on a growing and vibrant neighborhood. The recent major renovations have transformed this property into a versatile space that can accommodate a variety of business ventures. The building not only exudes timeless appeal but also promises durability and low maintenance costs. The renovations have enhanced the property's aesthetic and functional aspects, ensuring it meets the needs of today's businesses while preserving its historic charm. Strategically located less than .5 miles from M&T Bank Stadium, Oriole Park at Camden Yards, the Horseshoe Casino, multiple breweries and a number of planned venues. This property boasts excellent accessibility, making it an attractive option for both customers and employees. The surrounding area is experiencing revitalization, with new businesses and developments emerging, which bodes well for future appreciation in property value. Investors can extend the current lease by exercising the existing 5-year option, establish a new lease with a new tenant, or choose to develop the building into a larger mixed-use investment. If the 2nd option is selected, expect strong rental demand, driven by the influx of residents and businesses seeking to establish themselves in this dynamic community. The absence of an association fee means that your investment remains cost-effective, allowing for greater flexibility in managing expenses and maximizing returns. The on-street parking provides convenience for visitors, enhancing the property's appeal to potential tenants or customers. Imagine the possibilities: whether you envision a trendy retail space, a cozy caf, or a professional office, this property can adapt to your vision. The historic district ambiance adds a unique selling point that can attract clientele looking for an authentic experience. Investing in this property not only secures a piece of history but also positions you at the forefront of a thriving market. With the recent renovations, you can step into a space that is ready for immediate use, minimizing downtime and maximizing your return on investment. Don't miss out on this rare opportunity to own a piece of the Pigtown Historic District. With its strategic location, modern upgrades, and potential for growth, this property is poised to deliver significant returns for the discerning investor. Seize the moment and make this investment your next success story!
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FeaturesInteriorHeating Fuel Electric Natural Gas
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 3
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GeneralSewer Public Sewer
Heating Baseboard - Electric Forced Air
Cooling Central A/C
Possession 0-30 Days CD
Zoning R-8
Construction Materials Brick
Year Built 1898
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2025
Ownership Other
Cool Fuel Electric
Municipality Baltimore City
Section 06
Business Type Restaurant/Bar
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name PIGTOWN HISTORIC DISTRICT
Possible Use Apartment Building Bar/Tavern/Lounge Beer/Wine/Liquor Commercial
Water Access Y/N N
Status ACTIVE
Directions Get on I-495 N/I-95 N. Follow I-495 N/I-95 N the Baltimore-Washington Pkwy and MD-295 N to Baltimore. Take the exit toward US-1 N/Monroe St from MD-295 N. Continue on S Monroe St then take Wicomico S
City BALTIMORE
Disclosures None
Number Of Units Total 1
Tax Annual Amount 4605.0
Price Per Sq Ft Total AG 151.1
Acceptable Financing Cash Contract Conventional
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Ward 21
Tax Lot 033
Total Actual Rent 56400.00
Association Recreation Fee N
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 3640.00
Waterfront Y/N N
Land Assessed Value 40000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Capital PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,431
- Monthly Property Taxes
- $384
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $739,477
Percent of Sale Price 34%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $550,000 | | Listed Price |