Downtown Baltimore Mixed-Use Investment

3301 FOSTER Avenue, Baltimore, MD 21224

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For Sale

$495,000

MULTI_FAMILY - BALTIMORE, MD

Property size:

2,560 SF

Lot size:

0.03 Acres

Price / SF:

$193/SF

HighLights

Operating bar included, providing immediate income.
Prime Downtown Baltimore location with high visibility and foot traffic.
Liquor license included in the sale.
Mixed‑use building with both commercial (bar) and residential (2‑bedroom apartment) spaces.
Strong potential for cash flow, long‑term appreciation, and value‑add.
Historic brick building built in 1913.

We can help!

Listing Contact

Robert J Breeden

For Sale

$495,000

MULTI_FAMILY - BALTIMORE, MD

Property size:

2,560 SF

Lot size:

0.03 Acres

Price / SF:

$193/SF

Added:: May 7, 2026
Days on Market:: 40
Last Refresh:: Jun 15 at 9:06 pm

Property Features for 3301 FOSTER Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Interior features: Wood Floors
Appliances: Refrigerator, Stove
Standard status: Active
Size: 2,560 SF
Lot size: 0.03 Acres

Taxes and HOA fees

Tax Annual Amount: 6775

Utilities

Heating system: Other (Heating)
Cooling system: Central Air

Building Details

Year built: 1913
Number of units: 1
Building materials: Brick

We can help!

Listing Contact

Robert J Breeden

Listing agent Robert J Breeden License #632462

Listing office Berkshire Hathaway HomeServices Homesale Realty 1425 Clarkview Road, Lancaster, MD

Listing date May 7, 2026

MLS# MDBA2211998 Listing URL

HighLights

Operating bar included, providing immediate income.
Prime Downtown Baltimore location with high visibility and foot traffic.
Liquor license included in the sale.
Mixed‑use building with both commercial (bar) and residential (2‑bedroom apartment) spaces.
Strong potential for cash flow, long‑term appreciation, and value‑add.
Historic brick building built in 1913.

Overview

This historic mixed-use building is located in Downtown Baltimore and offers an investment opportunity. The property features an operating bar on the main floor and a 2-bedroom apartment upstairs, providing multiple income-producing opportunities. The property is suitable for buyers looking to expand their rental portfolio and offers potential for cash flow, long-term appreciation, and value-add opportunities. The building has excellent visibility and steady foot traffic. The property size is 2560 square feet and the lot size is 0.0345 acres. The liquor license is included in the sale.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$49.2k	$19.20
− Vacancy	−$2.7k	−$1.06
EGI	$46.4k	$18.14
− OpEx	−$11.6k	−$4.54
NOI	$34.8k	$13.61

2,560 SF · lease $19.20/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$497.7K

$435.5K – $580.6K (±1% cap)

NOI $34,836 @ 7.0% cap · market cap 7.04%

Second Best

Mixed Use

$444.3K

$388.8K – $518.4K (±1% cap)

NOI $31,104 @ 7.0% cap · market cap 6.28%

Theoretical Best

Office A

$613.3K

$536.6K – $715.5K (±1% cap)

NOI $42,931 @ 7.0% cap · market cap 8.67%

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

Property Profile Location Intelligence

Current Use by Public Records

3 of a Kind Bar & Pub Bottoms Up Canton Bar & Pub

Suggested Use

Location Insight

Map
Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.56965
Latitude: 39.28425

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For sale
Mixed-use properties
MD
Baltimore
21224
3301 FOSTER Avenue

What type of property is this?

Mixed-use property - Historic mixed-use building with bar and apartment in Baltimore.

Where is this mixed-use property located?

The property is located at 3301 FOSTER Avenue Baltimore, MD.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Operating bar included, providing immediate income.; Prime Downtown Baltimore location with high visibility and foot traffic.; Liquor license included in the sale.

3301 FOSTER Avenue, Baltimore, MD 21224

MULTI_FAMILY - BALTIMORE, MD

Property Features for 3301 FOSTER Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Three-Story Office Building

Established Bar and Lounge Opportunity

Historic 4-Story Office Building

Mixed-Use Property on Harford Road

Multifamily Investment in Overlea, Baltimore

Brick Lower-Level Medical Office Condo

Live-Work Mixed-Use Property

Mixed-Use Property with Development Potential

Turn-Key Multifamily Investment Opportunity

Glass and Granite Office Building

Mixed-Use Property on Harford Road

Historic Restaurant with Owner Suite

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