$2,000,000

523 S BROADWAY, Baltimore, MD 21231

  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 25 days ago

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.

Listing Status:
Active
Listing Office:
Alex Cooper Auctioneers, Inc. : 4108284838
Listing Agent:
Matthew S Cooper : 4109774711
MLS ID:
MDBA2175856
  • A/C: Central A/COther
  • Heating: Forced AirOtherOther
  • Disability Feature: Other

This listing courtesy of Matthew S Cooper, Alex Cooper Auctioneers, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wolfe Street Academy

245 S Wolfe St, Baltimore, MD, 21231

Grades PK-5

0.27 miles away

T

The Crossroads School

802 S Caroline St, Baltimore, MD, 21231

Grades 6-8

0.29 miles away

P

Paul Laurence Dunbar High School

1400 Orleans St, Baltimore, MD, 21231

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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