315 N Charles St - Office/Residential FOR SALE


Baltimore, MD 21201- Historic Baltimore
$495,000 USD
410-498-5408
315 N Charles St, Baltimore, MD for Sale
$495,000 USD
Office/Residential - FOR SALE
1/19
null | Request Cap Rate

315 N Charles St
Baltimore, MD 21201
Historic Baltimore


OVERVIEW

315 N Charles St is a well-located mixed-use property in the heart of Baltimore, offering a buyer the flexibility to lease, reposition, or potentially occupy the building. The property is fully vacant and was previously owner-occupied, giving a new owner a clean opportunity to establish rents, bring in new tenants, and shape the asset based on their strategy. The building includes 4 commercial units and is zoned C-5-HT, allowing for a range of potential uses in a high-visibility downtown corridor. Renovations completed in 2018 and 2020 added meaningful improvements to the property, which may help reduce immediate capital needs for the next owner. There may also be additional upside through historic state and federal rehabilitation tax credits of up to 40%, subject to eligibility and qualifying improvements. Overall, 315 N Charles St offers a strong combination of location, vacancy, prior owner occupancy, and flexible mixed-use potential, making it an attractive opportunity for an investor or owner-user looking to create value in a central Baltimore location.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,091 SF

ZONING

C-5HT

APN/PARCEL ID

0603-010

ASK ABOUT THIS PROPERTY

Yaakov KanevskyMidfield RealtyMore Info
410-498-5408

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Yaakov KanevskyMidfield RealtyMore Info
410-498-5408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.