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Multi-Storefront Property Near Fells Point
For Sale
$900,000

500 S WOLFE St S, Baltimore, MD 21231

Versatile investment property with immediate income potential near Fells Point.

Days on Market98

Property Features for 500 S WOLFE St S

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: Keller Williams Capital Prop.
Listed By: Martha Liriano · License #SP98377038
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 29 at 4:53PM

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 Keller Williams Capital Prop.

Investment Insights

Based on property information with market context.

This multi-storefront property is located just three blocks north of the Fells Point waterfront. The main level is suited for a restaurant or bar. The upper level features a fully operational bar and lounge with pool/billiard tables and an entertainment atmosphere. Third-party vendors operating pool tables, gaming slots, and ATMs generate ongoing revenue, with the property owner receiving 50% of all earnings. Additional space can be converted into a new retail storefront or residential apartment unit. The property is move-in ready and in full working condition. The property has a bike score of 84, making it very bikeable, a walk score of 99, designating it as a walker's paradise, and a transit score of 92, classifying it as a rider's paradise.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses will fit

Property Analytics

Current Use

Carolina's Tex-Mex Restaurant Restaurant Daniela Restaurant Restaurant El Tenampa Sport ... Bar & Pub

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Pet Store Nursing Home Tanning Salon

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

2,982
Businesses Nearby
Well-served
Demand for This Use

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

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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Similar Off Market Nearby

  • Sagamore Pendry Pool Bar — The Sagamore Pendry Hotel, 1715 Thames St, Baltimore, MD 21231
  • The Admiral's Cup — 1647 Thames St, Baltimore, MD 21231
  • Sandlot — 1000 Wills St, Baltimore, MD 21231
  • Fells Point Tavern — 1606 Thames St, Baltimore, MD 21231
  • Dudas Tavern — 1600 Thames St, Baltimore, MD 21231

Frequently Asked Questions

What type of property is this?
Bar & Pub - Versatile investment property with immediate income potential near Fells Point.
Where is this bar & pub located?
The property is located at 500 S WOLFE St S Baltimore, MD.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
More about this property
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