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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. Apartments are leased and restaurant has a lease pending. Details on lease terms will be shared upon execution of a letter of intent and verification of funds or credit.
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
8,950 SF
Building Class
B
Year Built/Renovated
1920/2007
Price
$949,900
Price Per SF
$106.13
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
26’ on N Charles

Amenities

  • Bus Line
  • Metro/Subway
  • Restaurant
  • Skylights
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Lower Level
  • 2,250 SF
  • Restaurant
  • In-Line
  • Now

2-level restaurant in near turn-key condition with 7-day tavern liquor license. Occupancy of up to 120. Kitchens, bars, bathrooms, and seating on both levels with the lower level perfect for private parties and events. Delivery pick up accommodated from the lower level at the rear street access at North Lovegrove Street.

  • 1st Floor
  • 2,250 SF
  • Restaurant
  • In-Line
  • Now

2-level restaurant in near turn-key condition with 7-day tavern liquor license. Occupancy of up to 120. Kitchens, bars, bathrooms, and seating on both levels with the lower level perfect for private parties and events. Delivery pick up accommodated from the lower level at the rear street access at North Lovegrove Street.

Space Size Space Use Position Available
Lower Level 2,250 SF Restaurant In-Line Now
1st Floor 2,250 SF Restaurant In-Line Now

Lower Level

Size
2,250 SF
Space Use
Restaurant
Position
In-Line
Available
Now

1st Floor

Size
2,250 SF
Space Use
Restaurant
Position
In-Line
Available
Now

Lower Level

Size 2,250 SF
Space Use Restaurant
Position In-Line
Available Now

2-level restaurant in near turn-key condition with 7-day tavern liquor license. Occupancy of up to 120. Kitchens, bars, bathrooms, and seating on both levels with the lower level perfect for private parties and events. Delivery pick up accommodated from the lower level at the rear street access at North Lovegrove Street.

1st Floor

Size 2,250 SF
Space Use Restaurant
Position In-Line
Available Now

2-level restaurant in near turn-key condition with 7-day tavern liquor license. Occupancy of up to 120. Kitchens, bars, bathrooms, and seating on both levels with the lower level perfect for private parties and events. Delivery pick up accommodated from the lower level at the rear street access at North Lovegrove Street.

Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of America
PNC Bank
Wells Fargo Advisors
Chase
Planet Fitness
Starbucks
Cosi
Kona Grill
The Cheesecake Factory
The Halal Guys

Property Taxes

Property Taxes

Parcel Number
0603-011
Land Assessment
$112,300
Improvements Assessment
$549,300
Total Assessment
$661,600
  • Listing ID: 33070933

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 313 N Charles St, Baltimore, MD 21201

Contact the Sale Advisor

313 N Charles St

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