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Fully Leased Downtown Baltimore Investment
For Sale
$699,000

227 E BALTIMORE St E, Baltimore, MD 21202

Two-level commercial building in high-visibility corridor, 100% leased.

Property SizeContact for details
Days on Market137

Property Features for 227 E BALTIMORE St E

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,436

Building Details

Year Built 1900
Listing Agency: Samson Properties
Listed By: Keith A Hawkins · License #0225243770
Source: Elliman
Added: Apr 15 Changed: Aug 14 Last Checked: Aug 29 at 2:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties

Investment Insights

Based on property information with market context.

This two-level commercial building, situated in Downtown Baltimore, is fully leased and offers an investment opportunity in a highly visible area. The property is currently 100% occupied by two established tenants, providing immediate income. The location on E Baltimore Street benefits from significant foot traffic and street exposure. It is near major downtown offices, retail, and dining options, with convenient access to public transportation and commuter routes. The area is experiencing ongoing redevelopment activity. The property has a bike score of 79, indicating it is very bikeable. The walk score is 96, designating it as a walker's paradise, and the transit score is 100, marking it as a rider's paradise. This property is suitable for investors seeking a stabilized, income-producing asset.

Key Highlights

  • 7.49% Cap Rate offers strong return on investment.
  • 100% Leased with two established tenants providing immediate cash flow.
  • Prime Downtown Baltimore location with excellent foot traffic and street exposure.

Property Analytics

Current Use

Samira Shuruk Training Center American Fish and Chicken Restaurant

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,059
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21202, MD

22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial building in high-visibility corridor, 100% leased.
Where is this storefront property located?
The property is located at 227 E BALTIMORE St E Baltimore, MD.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 7.49% Cap Rate offers strong return on investment.; 100% Leased with two established tenants providing immediate cash flow.; Prime Downtown Baltimore location with excellent foot traffic and street exposure.
More about this property
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