300 Charles StBaltimore, MD 21201

  • Residential income properties
  • 42,255 SF
For Lease
$18/SF/YR View listing

Property Details for 300 Charles St

Year built
1875
Construction
BRICK
Lot size
0.20 AC
Property size (Sq ft)
42,255 SF
Zone code
C-5HT
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
04-02-0580 -021
APU
4020580021

Description

This exceptional 2,250 square foot medical office space, located at 300 N Charles St in Baltimore, MD 21201, is ideally situated in the vibrant Mount Vernon neighborhood. The two-level suite boasts a spacious reception/waiting area, perfect for patient comfort and a professional first impression. Multiple private offices and treatment rooms provide ample space for medical professionals and their staff. A second-floor mezzanine offers additional office space, a convenient waiting area, and a dedicated conference room, enhancing both functionality and collaborative opportunities. The suite also includes a well-appointed breakroom and dedicated storage space for efficient workflow management. The building features separately metered HVAC, ensuring cost-effective climate control. This prime location offers unparalleled convenience, with proximity to major medical institutions including the University of Maryland Medical Center, Mercy Medical Center, and Johns Hopkins Hospital. Furthermore, its central location places it within walking distance of the MTA light rail and numerous bus routes, providing easy access for both patients and staff. The C-5HT zoning ensures flexibility for a variety of medical uses. This is a truly exceptional opportunity for medical practices seeking a well-appointed and strategically located space in the heart of Baltimore.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,297,831
    6.5%
    $10,428,767
    7%
    $9,683,855
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,120,306
    Geo Method
    $4,120,306
  • Alternative Use

    Use
    Valuation
    Residential
    $10,428,767
    Hospitality
    $9,552,695
    Educational
    $7,947,730
    Medical
    $8,221,064
    Retail
    $12,363,135
300 Charles St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2927
Longitude
-76.6156
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
$134,237
-
-
$5,688,000
-
$528,600
$5,203,400
$5,732,000

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