501 Cumberland Street Baltimore, MD $ 249,900
501 Cumberland Street
$ 249,900
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501 Cumberland Street

Baltimore, MD, 21217
$ 249,900
Bedrooms-- Baths-- Sq 3,093

Monthly Estimate*

$ 1,559

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Commercial Property for sale in Baltimore, MD

for $249,900. This 3,093 square foot building was built in 1920 on a lot size of 0.02.

Prime Mixed-Use Investment in Baltimore Near Penn Station Metro Discover a rare mixed-use investment opportunity in the heart of Baltimores redevelopment corridor, just moments from Penn Station Metro and major transit access. This 3,000 square-foot commercial building strategically blends residential and retail income potential, ideal for investors, owner-users, or long-term holders. Property Highlights Four one-bedroom, one-bathroom residential units on the upper two stories strong rental demand from commuters and urban professionals. Two street-level retail spaces with high visibility and pedestrian exposure perfect for neighborhood tenants, boutique concepts, or service businesses. Located in a development-intensive section of Baltimore, proximate to transit, dining, entertainment, and employment centers enhancing long-term value and tenant desirability. Excellent positioning for diversified cash flow and asset appreciation. This offering represents a versatile asset with mixed revenue streams in a high-growth, transit-oriented market. Showings by appointment only contact the listing agent for details.

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Commercial Active

Price

$ 249,900

Property Type

Commercial

Taxes

$ 920

Style

Apartment Building,Hair Salon and Spa

Lot Size

0.02

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2196046

Features
Interior
Heating Fuel Natural Gas
Flooring Partially Carpeted Vinyl
Hot Water Multi-tank Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling Ceiling Fan(s) Window Unit(s)
Possession Other
Roof Built-Up
Zoning R-8
Security Features Main Entrance Lock Security Gate
Construction Materials Brick
Year Built 1920
Electric 440 Volts
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building Hair Salon and Spa
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Water Access Y/N N
Status ACTIVE
Directions Follow S Martin Luther King Jr Blvd and Pennsylvania Ave to Cumberland St. Continue onto S Martin Luther King Jr Blvd. Turn left onto Pennsylvania Ave. Turn right onto Cumberland St
City BALTIMORE
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 1024.00
Tax Annual Amount 920.0
Price Per Sq Ft Total AG 61.01
Acceptable Financing Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 14
Tax Lot 033
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 4096.00
Lot Size Acres 0.02
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility City/County
Land Assessed Value 20400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Own Real Estate

Broker

yanablackwell.realtor@gmail.com

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Affordability Calculator

$1,636
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,559
Monthly Property Taxes
$77
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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/27/2025$249,900 Listed Price

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501 Cumberland Street, Baltimore, MD, 21217 is a Commercial Property for sale at $249,900 with 3,093 sqft and a lot size of 0.02. 501 Cumberland Street was built in 1920. The property's zip code is 21217 which is in Baltimore, MD