Brick Storefront
For Sale
$250,000
1625 ALICEANNA Street, Baltimore, MD 21231
Commercial Sale, BALTIMORE, MD
Property Size840 SF
Lot Size0.03 Acres
Price / SF$297.62
Days on Market104
Property Features for 1625 ALICEANNA Street
General Information
Property type
Other
Property subtype
Retail
Parking features
On Street
Elementary school district
BALTIMORE CITY PUBLIC SCHOOLS
Middle school district
BALTIMORE CITY PUBLIC SCHOOLS
High school district
BALTIMORE CITY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1494
Building Details
Year built
1920
Number of units
1
Building materials
Brick
Listing Agency:
Douglas Realty, LLC.
(866) 987-3937
Listed By:
James T Heise · License #526469
(410) 276-1983
Added: Jun 24
Changed: Aug 19
Last Checked: Oct 5 at 9:06PM
MLS# MDBA2219584
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick storefront property at 1625 Aliceanna Street is classified for commercial use and was built in 1920. The site includes approximately 1,200 square feet of land, or 0.0275 acres, with on-street parking. A vacant building notice is associated with the property.
The building is situated in Baltimore’s Fells Point waterfront district, within a mixed-use corridor surrounded by restaurants, shops, residential development, and waterfront attractions. The property is near the waterfront promenade, Harbor East, and the historic Fells Point business district, with access to Downtown Baltimore, I-83, I-95, and major commuter routes.
The building is situated in Baltimore’s Fells Point waterfront district, within a mixed-use corridor surrounded by restaurants, shops, residential development, and waterfront attractions. The property is near the waterfront promenade, Harbor East, and the historic Fells Point business district, with access to Downtown Baltimore, I-83, I-95, and major commuter routes.
Key Highlights
- 1920‑built brick storefront property
- Approximately 1,200‑square‑foot lot measuring 0.0275 acres
- Commercial‑use classification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,889
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,780
$237.8K
Cap Rate 7%
$169,843
$169.8K
Cap Rate 9%
$132,100
$132.1K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$18.1K $21.60/SF
− Vacancy
−$1.2K −$1.38/SF
EGI
$17.0K $20.22/SF
− OpEx
−$5.1K −$6.07/SF
NOI
$11.9K $14.15/SF
Area
Baltimore, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,780
Cap Rate 7%
$169,843
Cap Rate 9%
$132,100
Alternative Uses
Best Use
Retail
$169.8K
$148.6K – $198.2K
NOI $11,889 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$201.2K
$176.1K – $234.8K
NOI $14,087 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,083
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21231, MD
17,062
Population
9,342
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
18,958
Density / Sq Mi
$85,382
Median Household Income
$67,289
Median Earnings
$1,710
Median Rent
$336,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Baltimore, MD
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial-use brick building with on-street parking in Baltimore’s Fells Point mixed-use corridor.
Where is this storefront property located?
The property is located at 1625 ALICEANNA Street Baltimore, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1920‑built brick storefront property; Approximately 1,200‑square‑foot lot measuring 0.0275 acres; Commercial‑use classification
