500 S Wolfe St S, Baltimore, MD 21231

$900,000

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List Price
$900,000
Days on Market
131
Status
ACTIVE
MLS#
MDBA2206376
Lot Size (Acres)
0.09
Year Built
1920
County
Baltimore City
School District
Baltimore City Public Schools

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.

Additional Information

Subdivision
Fells Point Historic District
Taxes
$8310
School District
Baltimore City Public Schools
Heating
Other
Heating Fuel
Other
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Capital Properties. Contact: