315 N Charles Street, Baltimore, MD 21201

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.

Property Features

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