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Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.
$ 2,000,000
Est. payment /mo
New
523 S BROADWAY Baltimore, MD 21231
5,022 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,022 sqft
Price per Sqft $398
MLS Listing ID MDBA2175856
Year Built 1920
Annual Tax Amount $8,148
Tax Year 2024
Lot Size 2,732 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, August 7th, 2025 & ends Tuesday, August 12, 2025 at 1:00 PM. Exceptional Investment Opportunity in Fells Point.
This property offers a rare chance to invest in one of Baltimore's most dynamic and high-demand neighborhoods, with multiple income streams, strong tenant interest, and significant value-add potential.
Mixed-Use Income Potential
• Executed Letter of Intent from Taco Bell Cantina for the prominent ground-floor corner space.
• Flexible leasing opportunities across retail, office, and multifamily use to diversify revenue.
• Ideal for a mix of tenants, from boutique retailers and upscale restaurants to creative office spaces.
• Strong demand for premium retail and service businesses within the historic Fells Point district.
Value-Add & Growth Potential
• Strategic lease-up opportunities to increase Net Operating Income (NOI) and long-term returns.
• Potential for property upgrades or adaptive reuse to command higher rental rates.
• Located in a rapidly appreciating area driven by ongoing urban redevelopment throughout Fells Point and surrounding neighborhoods.
Location: Nestled in one of Baltimore's most vibrant and historic neighborhoods, this property is ideally located in Fells Point. Just blocks from the waterfront, cobblestone streets, and a dynamic mix of restaurants, boutique shops, and nightlife, it offers unmatched walkability and charm. Fells Point is known for its rich maritime heritage, stunning 18th- and 19th-century architecture, and lively community atmosphere.
With easy access to downtown Baltimore, Harbor East, and major commuter routes including I-83 and I-95, this location is as convenient as it is captivating. Whether you're seeking a cultural experience, a gourmet meal, or a scenic stroll along the promenade, everything you need is right outside your door.
This property offers a rare chance to invest in one of Baltimore's most dynamic and high-demand neighborhoods, with multiple income streams, strong tenant interest, and significant value-add potential.
Mixed-Use Income Potential
• Executed Letter of Intent from Taco Bell Cantina for the prominent ground-floor corner space.
• Flexible leasing opportunities across retail, office, and multifamily use to diversify revenue.
• Ideal for a mix of tenants, from boutique retailers and upscale restaurants to creative office spaces.
• Strong demand for premium retail and service businesses within the historic Fells Point district.
Value-Add & Growth Potential
• Strategic lease-up opportunities to increase Net Operating Income (NOI) and long-term returns.
• Potential for property upgrades or adaptive reuse to command higher rental rates.
• Located in a rapidly appreciating area driven by ongoing urban redevelopment throughout Fells Point and surrounding neighborhoods.
Location: Nestled in one of Baltimore's most vibrant and historic neighborhoods, this property is ideally located in Fells Point. Just blocks from the waterfront, cobblestone streets, and a dynamic mix of restaurants, boutique shops, and nightlife, it offers unmatched walkability and charm. Fells Point is known for its rich maritime heritage, stunning 18th- and 19th-century architecture, and lively community atmosphere.
With easy access to downtown Baltimore, Harbor East, and major commuter routes including I-83 and I-95, this location is as convenient as it is captivating. Whether you're seeking a cultural experience, a gourmet meal, or a scenic stroll along the promenade, everything you need is right outside your door.
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water Other
Heating Forced Air, Other
Cooling Central A/C, Other
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Baltimore City Public Schools
Others
Tax ID 0302051780 039
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
