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500 S Wolfe St S

$900,000

500 S Wolfe St S, Baltimore, Md 21231

Active
Last Updated: 05/09/2026

8,565 sqft

Building Size

1920

Year Built

Details:
Building Size:    8,565 sqft
Year Built:    1920
Price Per Sqft:    $105.08
Zoning:    C-1
Description:

Exceptional commercial investment opportunity at a high-visibility corner location just three blocks north of the iconic Fells Point waterfront. This versatile multi-storefront property — boasting three separate addresses — offers unmatched flexibility for the savvy investor or owner-operator looking to maximize income potential in one of Baltimore's most vibrant corridors. The main level is perfectly suited for a restaurant or bar operator to establish their flagship concept, while the upper level presents a fully operational bar and lounge currently featuring pool/billiard tables and a lively entertainment atmosphere. Adding to the passive income stream, third-party vendors operating pool tables, gaming slots, and ATMs generate ongoing revenue, with the property owner receiving 50% of all earnings — no extra effort required.

The upside potential here is substantial. Additional space within the property can be converted into a new retail storefront or residential apartment unit, giving the next owner multiple paths to increased cash flow. The property is move-in ready and in full working condition, making this a true turn-key asset with immediate income on day one. The only reason for sale is the seller's retirement after a successful run — this is a clean, motivated sale with no operational concerns.

Whether you're an experienced investor seeking strong cash flow or an operator ready to own your building, this property delivers a rare combination of immediate income and long-term upside. With its unbeatable corner visibility, proximity to the energy of Fells Point, and multiple revenue streams already in place, opportunities like this simply don't come around often.

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