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Listed by Yaakov Kanevsky • Midfield Realty
$ 475,000
Est. payment /mo
Price Dropped by $20K
315 N CHARLES ST Baltimore, MD 21201
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2217868
Year Built 1920
Annual Tax Amount $8,064
Tax Year 2025
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
315 N Charles St is a well-located mixed-use property in the heart of Baltimore, offering a buyer the flexibility to lease, reposition, or potentially occupy the building. The property is fully vacant and was previously owner-occupied, giving a new owner a clean opportunity to establish rents, bring in new tenants, and shape the asset based on their strategy.
The building includes 4 commercial units and is zoned C-5-HT, allowing for a range of potential uses in a high-visibility downtown corridor. Renovations completed in 2018 and 2020 added meaningful improvements to the property, which may help reduce immediate capital needs for the next owner.
There may also be additional upside through historic state and federal rehabilitation tax credits of up to 40%, subject to eligibility and qualifying improvements.
Overall, 315 N Charles St offers a strong combination of location, vacancy, prior owner occupancy, and flexible mixed-use potential, making it an attractive opportunity for an investor or owner-user looking to create value in a central Baltimore location.
The building includes 4 commercial units and is zoned C-5-HT, allowing for a range of potential uses in a high-visibility downtown corridor. Renovations completed in 2018 and 2020 added meaningful improvements to the property, which may help reduce immediate capital needs for the next owner.
There may also be additional upside through historic state and federal rehabilitation tax credits of up to 40%, subject to eligibility and qualifying improvements.
Overall, 315 N Charles St offers a strong combination of location, vacancy, prior owner occupancy, and flexible mixed-use potential, making it an attractive opportunity for an investor or owner-user looking to create value in a central Baltimore location.
Location
State MD
County Baltimore City
Zoning C-5HT
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0304010603 012
Ownership Other
Special Listing Condition Standard
Nearby Locations