Marcus & Millichap is pleased to exclusively represent the ownership of The South Charles St. Portfolio at Federal Hill (the Property) for acquisition. This is a collection of well-maintained mixed-use assets (Multifamily & Retail) with value-add opportunity located in the heart of Federal Hill. The separate addresses and parcel numbers are as follows: 1118 S Charles St (APN: 23-04-0949-010), 1032-1038 S Charles St (APN: 23-03-0933-012), 1015 - 1019 S Charles St (APN: 23-04-0934B-020), 1130 S Charles St (APN: 23-04-0949-005), 1018 S Charles St (APN: 23-03-0933-005), 1022 S Charles St (APN: 23-03-0933-007).
The properties are all located within two blocks from each other on South Charles Street. This is a rare opportunity to acquire up to five mixed-use buildings in historic Federal Hill, Baltimore. These properties can either be acquired as a portfolio or separately.
The South Charles St. Portfolio at Federal Hill is directly adjacent from popular restaurants, nightlife, and retail shops. This portfolio of assets is a short walk away from the Baltimore Stadiums (M&T Bank Stadium & Camden Yards), Historic Locations (Federal Hill Park, Baltimore Museum of Industry, etc.), and Public Transit.
The portfolio features a total of 8 retail units and 20 apartments with a unit mix of (1) Studio, (8) 1 Br-1 Ba, (1) 1 Br with Den-1 Ba, (2) 1 Br with Den-2 Ba, (4) 2 Br-2 Ba, (4) 2 Br-2.5 Ba.
With over 30,000 residents within one mile radius. The portfolio’s, tenants have amplified their businesses and living experiences by choosing this location. These Properties are well maintained, attractive, inviting, and serve as a major hub in the Federal Hill community.