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Four-Story Storefront Building
For Sale
$190,000
Pending

508 S Broadway, Baltimore, MD 21231

Vacant four-story retail building on heavily traveled S Broadway near Broadway Market.

Property SizeContact for details
Days on Market52

Property Features for 508 S Broadway

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,060

Building Details

Year Built 1920
Stories 4
Listing Agency: ASHLAND AUCTION GROUP LLC
Listed By: ADAM M SHPRITZ · License #528655
Source: Corcoran
Added: Jul 1 Changed: Aug 8 Last Checked: Jul 23 at 9:05AM

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 ASHLAND AUCTION GROUP LLC

Investment Insights

Based on property information with market context.

This four-story storefront building is being offered for sale and is currently vacant. The property is configured as a multi-level retail storefront structure, suitable for redevelopment or reuse depending on a buyer’s renovation and leasing plans.

The building is located along S Broadway in Baltimore City, in the Fells Point commercial area. It is approximately one block from the Broadway Market and is within close proximity to attractions in Fells Point and Harbor East. The property benefits from positioning on a heavily traveled corridor.

For tenants and buyers seeking a retail-oriented presence in a high-visibility area, this vacant building offers the opportunity to reposition the space for a new user or tenant mix. Its storefront configuration and multi-story layout can support a range of retail concepts, subject to applicable approvals and final improvements.

Key Highlights

  • Vacant four‑story store‑front building in the commercial area of Fells Point (Baltimore City)
  • Located along heavily traveled S Broadway, one block from Broadway Market
  • Close to attractions in Fells Point and Harbor East

Property Analytics

Current Use

Dose of Wellness Massage ... Alternative Medicine Practice Karmic Connection (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Electrical Service 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

3,324
Businesses Nearby
Under-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
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant four-story retail building on heavily traveled S Broadway near Broadway Market.
Where is this storefront property located?
The property is located at 508 S Broadway Baltimore, MD.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Vacant four‑story store‑front building in the commercial area of Fells Point (Baltimore City); Located along heavily traveled S Broadway, one block from Broadway Market; Close to attractions in Fells Point and Harbor East
More about this property
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