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Multi-Storefront Restaurant and Bar
For Sale
$900,000

500 S WOLFE Street S, Baltimore, MD 21231

Commercial Sale - BALTIMORE, MD

Lot Size0.09 Acres
Days on Market119

Property Features for 500 S WOLFE Street S

General Information

Property type Other
Property subtype Retail
Parking features On Street
Subdivision FELLS POINT HISTORIC DISTRICT
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 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 8310

Building Details

Year built 1920
Number of units 1
Building materials Brick
Listing Agency: Keller Williams Capital Properties · Keller Williams Realty
Listed By: Martha Liriano · License #591374
Added: Apr 3 Changed: Jun 9 Last Checked: Jul 30 at 4:06PM
MLS# MDBA2206376

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 multi-storefront commercial property includes three separate addresses and a layout designed for bar and restaurant use. The main level is suited for a restaurant or bar concept, while the upper level is currently an operational bar and lounge featuring pool and billiard tables. The property is described as move-in ready and in full working condition.

Situated on a high-visibility corner, the property is located approximately three blocks north of the Fells Point waterfront area in Baltimore. This positioning supports retail and entertainment-focused operations, and the building’s multi-address structure adds flexibility for current and future arrangements.

In addition to the on-site bar and lounge operations, third-party vendors generate ongoing revenue through pool table arrangements, gaming slots, and ATMs, with the owner receiving 50% of earnings as described in the remarks. The property also provides room that may be adapted for additional income uses, including a new retail storefront or a residential apartment unit. For an owner-operator or investor seeking an operational building with existing revenue streams, the current configuration supports immediate use and straightforward continuity of operations.

Key Highlights

  • High‑visibility corner location, just 3 blocks from the Fells Point waterfront.
  • Versatile multi‑storefront property with three separate addresses.
  • Multiple income streams from the existing bar/lounge, pool tables, gaming slots, and ATMs (50% owner share).

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.

Lease Details

Turnkey business
Opportunity

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - High-visibility corner property with a restaurant/bar setup plus an operating bar and lounge across multiple addresses.
Where is this bar & pub located?
The property is located at 500 S WOLFE Street 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: High‑visibility corner location, just 3 blocks from the Fells Point waterfront.; Versatile multi‑storefront property with three separate addresses.; Multiple income streams from the existing bar/lounge, pool tables, gaming slots, and ATMs (50% owner share).
More about this property
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