1 N Charles St | Baltimore, MD 21201
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- LoopNet Team
1 N Charles St
Baltimore, MD 21201
Landmark Office Tower | Baltimore CBD · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 49% leased, 290,423 square foot landmark building in Baltimore’s CBD positioned for value creation through a multifamily conversion or lease-up.
- Elevators were fully modernized in 2016 with new card readers and a mid-building breakpoint above the lower and upper floor elevator shafts.
- Just a few blocks away from Baltimore’s Inner Harbor, which fuels a strong demand from office, retail, and residential tenants in the area.
- Plans and a model apartment unit exist for 14 single-bedroom units per floor, and segments of the existing leases contain landlord relocation rights.
- Entrances on Fayette and Charles Streets afford the ability to restack and convert about half of the building to residential while maintaining income.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
290,423 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1963/2008
Percent Leased
49%
Tenancy
Multiple
Building Height
25 Stories
Typical Floor Size
11,617 SF
Slab To Slab
10’
Building FAR
18.52
Lot Size
0.36 AC
Zoning
C-5 DC - Downtown commercial areas, with a focus on a mix of retail, service, and entertainment uses, as well as residential and hotel development
Parking
30 Spaces (0.1 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Banking
- Convenience Store
- Property Manager on Site
- Restaurant
- Security System
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET
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