500 S Wolfe Street S Baltimore, MD $ 900,000
500 S Wolfe Street S
$ 900,000
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500 S Wolfe Street S

Baltimore, MD, 21231
$ 900,000
Bedrooms-- Baths-- Sq 8,500

Monthly Estimate*

$ 5,541

500 S Wolfe Street S, Baltimore, MD 21231 - Image 1
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Commercial Property for sale in Baltimore, MD

for $900,000. This 8,500 square foot building was built in 1920 on a lot size of 0.09.

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.

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Commercial Active

Price

$ 900,000

Property Type

Commercial

Taxes

$ 8,310

Style

Restaurant/Bar,Flex

Lot Size

0.09

Year Built

1920

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2206376

Features
Interior
Heating Fuel Other
Hot Water None
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling None
Possession Immediate
Zoning C-1
Construction Materials Brick
Year Built 1920
Electric Other
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality Baltimore City
Business Type Restaurant/Bar Flex Other
Accessibility Level Entry - Main
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name FELLS POINT HISTORIC DISTRICT
Water Access Y/N N
Status ACTIVE
Directions Please follow GPS instuctions.
City BALTIMORE
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 3790.00
Tax Annual Amount 8310.0
Price Per Sq Ft Total AG 105.08
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 2
Tax Lot 037
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 8565.00
Lot Size Acres 0.09
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 113700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Keller Williams Capital Properties

Broker

marthalirianotherealtor@gmail.com

Email

Affordability Calculator

$6,234
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$693
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/11/2026$900,000 Listed Price

Map


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500 S Wolfe Street S, Baltimore, MD, 21231 is a Commercial Property for sale at $900,000 with 8,500 sqft and a lot size of 0.09. 500 S Wolfe Street S was built in 1920. The property's zip code is 21231 which is in Baltimore, MD