227 E BALTIMORE ST E Baltimore, MD 21202
2,322 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2209698
Year Built 1900
Annual Tax Amount $6,436
Tax Year 2025
Lot Size 2,322 Sqft
Acres 0.05
Property Sub-Type Retail
Source BRIGHT
Property Description
Positioned in the heart of Downtown Baltimore, this 100% leased, two-level commercial building offers investors a rare opportunity to acquire a stabilized, income-producing asset in a high-visibility corridor.
The property is fully occupied by two established tenants, providing immediate cash flow and diversified income streams. Offered at $699,000, this asset delivers a strong 7% cap rate, making it an attractive addition to any investment portfolio.
Located along E Baltimore Street, the property benefits from:
Excellent foot traffic and street exposure
Proximity to major downtown anchors, offices, retail, and dining
Easy access to public transportation and commuter routes
A growing urban environment with continued redevelopment activity
This is a turnkey investment with stable in-place income and potential upside through future rent growth in one of Baltimore's most active commercial corridors.
Location
State MD
County Baltimore City
Zoning C-5TO
Interior
Hot Water Electric
Heating Other
Cooling None
Flooring Wood, Ceramic Tile, Hardwood
Heat Source None
Exterior
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0304110650 012
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Nearby Locations