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313 N Charles St 8,772 SF Retail Building Baltimore, MD 21201 $1,050,000 ($119.70/SF)
INVESTMENT HIGHLIGHTS
- Located within walking distance of thousands of apartments with more being delivered soon.
- Historic building has great curb appeal.
EXECUTIVE SUMMARY
Mixed-use property: One 2-story restaurant and two 1-level loft apartments. Restaurant is ready for a new tenant and has a 7-day tavern liquor license available.
The property is located on Baltimore's historic main street in an area with incredible apartment growth and is within a 1.5-mile ring of Camden Yards, Raven's Stadium (M&T), Inner Harbor, Baltimore Arena (CFG), Hippodrome Theater, Lexington Market, Mercy Medical Campus, Baltimore Convention Center, Penn Station, Johns Hopkins Medical Campus, and University of Maryland Baltimore.
Property had major renovation in 2006 when all utilities and electrical infrastructure was upgraded. Property has very little common area to maintain.
The property is located on Baltimore's historic main street in an area with incredible apartment growth and is within a 1.5-mile ring of Camden Yards, Raven's Stadium (M&T), Inner Harbor, Baltimore Arena (CFG), Hippodrome Theater, Lexington Market, Mercy Medical Campus, Baltimore Convention Center, Penn Station, Johns Hopkins Medical Campus, and University of Maryland Baltimore.
Property had major renovation in 2006 when all utilities and electrical infrastructure was upgraded. Property has very little common area to maintain.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,772 SF
Building Class
B
Year Built/Renovated
1920/2007
Price
$1,050,000
Price Per SF
$119.70
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
10’
Building FAR
4.00
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C-1 - C-1 (NEIGHBORHOOD BUSINESS DISTRICT)
Frontage
AMENITIES
- Bus Line
- Metro/Subway
- Restaurant
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0603-011 | Improvements Assessment | $549,300 |
| Land Assessment | $112,300 | Total Assessment | $661,600 |
PROPERTY TAXES
Parcel Number
0603-011
Land Assessment
$112,300
Improvements Assessment
$549,300
Total Assessment
$661,600
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Baltimore Innovation Center
313 N Charles St
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