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1516 Lancaster Street, Baltimore, MD 21231

$2,400,000
  • 1516 Lancaster Street, Baltimore, MD 21231 Main Photo

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BEDS0 BATHS MLS#MDBA2164722
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLBALTIMORE CITY PUBLIC SCHOOLS

Property Description

Incredible investment opportunity in the heart of Fells Point! This 9-unit multi-family property at 1516 Lancaster Street offers everything a savvy investor could want—high ROI potential, prime location, and rare amenities. Each unit features 1.5 or 2 bedrooms, and the building includes 9 dedicated parking spots, 9 storage units, and a detached garage—a true luxury in this area. With close proximity to the waterfront, restaurants, and nightlife, this turnkey property is perfectly positioned for strong rental income and long-term appreciation. Don’t miss your chance to own a premier asset in one of Baltimore’s most desirable neighborhoods.

1516 Lancaster Street | MLS# MDBA2164722

This commercial property located at 1516 Lancaster Street, Baltimore, MD 21231 is currently listed for sale with an asking price of $2,400,000. Lancaster Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.countonrick.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt
Taxes: $25,217
Year Built: 1920

Feature Descriptions

Exterior: Brick, Wood Siding
Lot Dimensions: 0.12 Acre(S)
Municipality: Baltimore City
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 9
Water: Public

Local Schools

School District: BALTIMORE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Next Step Realty
Agency Phone: 4439012200

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:04:59 AM EST) or Bright MLS (last updated Tue 03/03/2026 11:58:15 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
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Agent License Information: 
Licensed in Pennsylvania
The Rick Shaffer Team
Rickey Shaffer, Travis Shaffer, Austin Shaffer, Richard Vangel, Amanda Croumer, Alexis Moore  

1680 Kenneth Road, York, PA 17408
717-757-7811

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