1126 Charles StBaltimore, MD 21201

  • Office properties
  • 9,860 SF
For Sale
$2,850,000 View listing

Property Details for 1126 Charles St

Year built
1920
Lot size
0.12 AC
Property size (Sq ft)
9,860 SF
Zone code
C-2
Property type
Office properties
Property subtype
Office buildings
APN
11-02-0495 -030
APU
11020495030

Description

This exceptional 6,000-square-foot office space at 8012 NW 68th St #A presents a unique opportunity for a small business seeking a blend of office and warehouse functionality. Located on the first floor, this single-tenant property offers convenient access to a shared 10x14 foot warehouse, ideal for storing merchandise or equipment. The office boasts its own private access to the warehouse, ensuring efficient workflow and operational independence. Utilities are a breeze, with water, electricity, and internet already included in the lease. Ample parking is available on-site, providing convenience for employees and clients alike. Flexibility is key; the space can be leased furnished or unfurnished to suit your specific needs and preferences. The property is zoned 7600 and has an APN of 22-30-15-001-0128. This is a single-suite building with a total of one suite. This is a first-floor location, offering easy access and visibility. The combination of office and warehouse space, coupled with included utilities and ample parking, makes this property an attractive option for businesses requiring both office and storage capabilities. Don't miss this chance to secure a well-appointed and functional workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,126,044
    6.5%
    $1,962,502
    7%
    $1,822,323
  • Comparable approach

    Method
    Valuation
    Relative Method
    $620,293
    Geo Method
    $620,293
  • Alternative Use

    Use
    Valuation
    Residential
    $2,433,502
    Hospitality
    $2,229,075
    Educational
    $1,854,564
    Medical
    $1,918,346
    Retail
    $2,884,878
1126 Charles St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.3032
Longitude
-76.6164
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,449
$185,900
$1,612,800
$1,798,700
-
$185,900
$1,612,800
$1,798,700

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