523 N Charles St - Office FOR SALE


Baltimore, MD 21202- Historic Baltimore
$600,000 USD
800-383-3535
523 N Charles St, Baltimore, MD for Sale
$600,000 USD
Office - FOR SALE
1/51
null | Request Cap Rate

NEW


523 N Charles St
Baltimore, MD 21202
Historic Baltimore


OVERVIEW

Own a piece of Baltimore history in Mount Vernon, just a block away from the Washington Monument, the Baltimore Cathedral and the future home of the district court. With almost 6,000 finished square feet, this property is setup as 4 seperate units with parking for up to 6 vehicles (3 without tandem parking). This well maintained property is ready for its first new owner since the 1970’s. The main level is a beautiful gallery space, currently leased through the end of the year. The open space features hardwood floors, a half bathroom, air conditioning, and an office space, with direct access to the parking pad. The 2nd floor has been a meeting room for a private club since the 1930's. This unit offers hardwood floors, an office, a kitchenette, a half bathroom, and air conditioning. The third and fourth floors have been combined to create a 1650 square foot move in ready 2 bed, 2 bath apartment, complete with updated bathrooms and kitchen. The owner combined the 4th floor studio unit with the 3rd floor. The next owner could separate the two by just moving a door, making a 5 unit building to increase income. The finished ground floor unit is being leased by the gallery as storage, but had been rented to a retail space in the past, with direct access from Charles Street. Each unit has its own water heater, electric meter, bathroom (full or half) and electric panel/ breaker box on each level. The large boiler in the sub-basement provides heat for the building and water is shared among the tenants. Mount Vernon is centrally located with lots of transportation (Penn Station offers Amtrak trains and express trains to DC), bike lanes, public parks, restaurants , bars, and nightlife, Mount Vernon is the cultural hub of Baltimore. Start your business or start earning rental income with this beautiful piece of Baltimore History.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,072 SF

ZONING

B-4-2

APN/PARCEL ID

0552-031

ASK ABOUT THIS PROPERTY

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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