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Established Bar and Lounge Opportunity

2218 Boston St, Baltimore, MD 21231

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For Sale

$725,000

Turnkey bar and lounge for sale in Baltimore, Maryland.

Type:Commercial

Property size:

3,352 SF

Lot size:

0.03 Acres

Price / SF:

$216/SF

HighLights

Turnkey bar and lounge opportunity with a history of success.
Includes a valuable BD7 liquor license.
Prime location on the edge of Canton and Fell's Point.
Spacious 3,352 sq ft layout with a bar on two floors.
Versatile space suitable for events like trivia nights.
Established business location with a dependable customer base.

We can help!

Listing Contact

RONALD W. HOWARD

For Sale

$725,000

Turnkey bar and lounge for sale in Baltimore, Maryland.

Type:Commercial

Property size:

3,352 SF

Lot size:

0.03 Acres

Price / SF:

$216/SF

Added:: Oct 22, 2025
Days on Market:: 237
Last Refresh:: Apr 5 at 9:10 pm

Property Features for 2218 Boston St

General Information

Standard status: Active
Size: 3,352 SF
Lot size: 0.03 Acres
Property subtype: Commercial

Building Details

Year Built: 1920

We can help!

Listing Contact

RONALD W. HOWARD

Listing agent RONALD W. HOWARD License #524502

Listing office RE/MAX ADVANTAGE REALTY

Listing date Oct 22, 2025

Source Corcoran

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 RE/MAX ADVANTAGE REALTY

HighLights

Turnkey bar and lounge opportunity with a history of success.
Includes a valuable BD7 liquor license.
Prime location on the edge of Canton and Fell's Point.
Spacious 3,352 sq ft layout with a bar on two floors.
Versatile space suitable for events like trivia nights.
Established business location with a dependable customer base.

Overview

Located on the edge of Canton and Fell's Point, this property at 2218 Boston Street presents a turnkey opportunity to own a well-established bar and lounge. The 3,352 square-foot venue has a history of successful bars, including Unicorn, Purple Pepper, and Bartenders. The property features a bar on two floors and an office on the 3rd floor. The versatile layout can accommodate high-top tables, booths, and bar seating, making it suitable for trivia nights and other events. Note that the kitchen is not currently built out, and the bar has been modified since the provided pictures. The sale includes a BD7 liquor license. This location offers the potential to own a historic Baltimore establishment with an existing customer base.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$76.4k	$22.80
− Vacancy	−$4.2k	−$1.25
EGI	$72.2k	$21.55
− OpEx	−$18.1k	−$5.39
NOI	$54.2k	$16.16

3,352 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$773.8K

$677.1K – $902.8K (±1% cap)

NOI $54,167 @ 7.0% cap · market cap 7.47%

Second Best

—

no second resolved use

Theoretical Best

Office A

$803.0K

$702.7K – $936.9K (±1% cap)

NOI $56,213 @ 7.0% cap · market cap 7.75%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

ATM Atm

Suggested Use

Similar Places Nearby

Hull Street Blues Cafe — 1222 Hull St, Baltimore, MD 21230
1157 Bar & Kitchen — 1157 Haubert St, Baltimore, MD 21230
Sandlot — 1000 Wills St, Baltimore, MD 21231
Fells Point Tavern — 1606 Thames St, Baltimore, MD 21231
Dudas Tavern — 1600 Thames St, Baltimore, MD 21231

Location Insight

Map
Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.5849821
Latitude: 39.2836664

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For sale
Bars & Pubs
MD
Baltimore
21231
2218 Boston St

What type of property is this?

Bar & Pub - Turnkey bar and lounge for sale in Baltimore, Maryland.

Where is this bar & pub located?

The property is located at 2218 Boston St Baltimore, MD.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Turnkey bar and lounge opportunity with a history of success.; Includes a valuable BD7 liquor license.; Prime location on the edge of Canton and Fell's Point.