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44 South ST Baltimore 44 South St 5,950 SF Retail Building Baltimore, MD 21202 $1,700,000 ($285.71/SF)
Executive Summary
Currently operating as the iconic Crafty Crab, the property is fully built out with a commercial kitchen, dining areas across multiple levels, and lower-level storage and freezer space. The building is ideal for an owner-operator, restaurant group, or investor seeking a flagship downtown location.
Key Features Include:
• Full commercial kitchen with hood system and equipment
• Lower-level freezers and storage
• Furniture and Class B liquor license available
• Two (2) separate HVAC systems
• Distinctive historic architecture with high ceilings and mezzanine level
INVESTMENT & REPOSITIONING UPSIDE
This property presents multiple exit strategies:
• Continue as a high-volume restaurant/bar
• Reposition as a chef-driven concept, nightlife venue, or entertainment space
• Long-term redevelopment or mixed-use potential under favorable downtown zoning
Downtown Baltimore continues to benefit from tourism, residential growth, and institutional demand, making this a compelling opportunity for both cash-flow and appreciation-focused buyers.
Key Features Include:
• Full commercial kitchen with hood system and equipment
• Lower-level freezers and storage
• Furniture and Class B liquor license available
• Two (2) separate HVAC systems
• Distinctive historic architecture with high ceilings and mezzanine level
INVESTMENT & REPOSITIONING UPSIDE
This property presents multiple exit strategies:
• Continue as a high-volume restaurant/bar
• Reposition as a chef-driven concept, nightlife venue, or entertainment space
• Long-term redevelopment or mixed-use potential under favorable downtown zoning
Downtown Baltimore continues to benefit from tourism, residential growth, and institutional demand, making this a compelling opportunity for both cash-flow and appreciation-focused buyers.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,950 SF
Building Class
C
Year Built
1905
Price
$1,700,000
Price Per SF
$285.71
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.37
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-5DC
Frontage
45’ on South St
Amenities
- Restaurant
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0662-004 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,008,400 (2025) |
Property Taxes
Parcel Number
0662-004
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,008,400 (2025)
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44 South ST Baltimore | 44 South St
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