103-723 S Charles St, Baltimore, MD 21201
Remodeled in 2023 with newer HVAC and an accessible layout featuring multiple egress points.
- Added:
- Jan 14, 2026
- Days on Market:
- 155
- Last Refresh:
- Jun 17 at 1:47 am
Property Features for 103-723 S Charles St
General Information
- Standard status
- Active
- Size
- 1,169 SF
Listing agent Keith A Hawkins License #0225243770 (240) 413-6252
Listing office Samson Properties (240) 413-6252
Listing date Jan 14, 2026
Source Exprealty
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HighLights
- Unit 103: 1,169 SF ground‑level commercial condo in Federal Hill, built of block and brick
- Remodeled in 2023 with a newer HVAC system to help reduce near‑term capital expenditures
- OR zoning (Office–Residential): can only be used for commercial, not residential
- Wheelchair accessible with four separate points of egress: two exits to parking lot, one to E. Hughes St, and one interior exit through atrium to Charles St
- Layout includes six private rooms, 1 bathroom, and a dedicated laundry room
- Condo fee is $500 per month; building has 12 one‑bedroom residential units above
Overview
The property is located on the ground floor of a well-maintained building with 12 one-bedroom residential units above. The unit is fully wheelchair accessible and designed with four separate points of egress, including two exits directly to the parking lot, one exit to E. Hughes Street, and one interior exit through the atrium with direct access to Charles Street.
Zoned OR (Office–Residential), the space can only be used for commercial purposes and not residential. The building’s configuration and unit-level improvements can support a broad set of professional and institutional uses, including medical and dental offices, professional and counseling services, insurance agencies, nonprofit and administrative offices, and educational or training facilities. A condo fee of $500 per month applies.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.9k | $26.40 |
| − Vacancy | −$2.6k | −$2.24 |
| EGI | $28.2k | $24.16 |
| − OpEx | −$11.3k | −$9.66 |
| NOI | $16.9k | $14.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6149291
- Latitude
- 39.2905468
