For Sale
$425,000

1014 Charles St Baltimore, MD 21230

5,100 SF Mixed-Use, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
127
This 5,100 square foot, three-story vacant storefront in Baltimore's Federal Hill neighborhood presents a compelling redevelopment opportunity. Built in 1920 and renovated in 2024, this fee-simple property sits on a 1,845 square foot lot and is zoned C-1. The unfinished interior offers significant potential for a mixed-use development, with plans including five units: two two-bedroom units, two one-bedroom units, and one efficiency unit. Projected monthly rental income totals approximately $11,000, encompassing a commercial space and residential units, all separately metered. The property's prime location near Cross Street Market, M&T Bank Stadium, and Oriole Park at Camden Yards offers unparalleled convenience and accessibility, with easy access to S Hanover St. The asking price is $425,000, and the property is believed to include space for a two-car garage. Real estate taxes are $10,120 annually. Pre-auction offers are accepted. The property is sold free and clear of all liens. Permit number 20223273.

Highlights

  • $425,000 asking price for a redevelopment opportunity.
  • Vacant 5,100 square foot storefront in a Class D building.
  • Located at 1014 S Charles St, Baltimore, MD 21230, in the Federal Hill neighborhood.
  • Features five units: one commercial space and four residential units (two one-bedroom, two two-bedroom, and one efficiency).
  • Renovated in 2024, with projected gross monthly rent of approximately $11,000.

Property Details for 1014 Charles St

Property type
Retail properties, Retail space
Square Feet
5,100 SF
Class
D
Year Built/Renovated
1920/2024
Buildings
1
Stories
3
Units
5

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.27744976227
Longitude
-76.614418397811
1014 Charles St, Baltimore, Maryland

FAQs

What type of property is this?
Retail property - 5,100 SF Mixed-Use, Vacant
Where is the retail property located?
The property is located at 1014 Charles St Baltimore, MD.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: $425,000 asking price for a redevelopment opportunity.; Vacant 5,100 square foot storefront in a Class D building.; Located at 1014 S Charles St, Baltimore, MD 21230, in the Federal Hill neighborhood.
How can I contact the broker?
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1014 Charles St
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