Mixed-Use Income Property with
For Sale
$999,000
1125 S Charles Street, Baltimore, MD 21230
Fully occupied mixed-use building with a restaurant and two newly renovated apartments, all separately metered.
Property Size3,632 SF
Price / SF$275.06
Days on Market79
Property Features for 1125 S Charles Street
General Information
Standard status
Active
Size
3,632 SF
Property subtype
Mixed Use
Occupancy
100%
Restaurant
Commercial Hood
Yes
Liquor License
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Stories
3
Tenancy
Multi
Listing Agency:
Brexton Commerical, LLC
(410) 999-1738
Listed By:
Rajbir Randhawa
(410) 999-1738
Source:
Xome
Added: May 13
Changed: Jul 10
Last Checked: Jul 29 at 5:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brexton Commerical, LLC
Investment Insights
Based on property information with market context.
This double-lot mixed-use property is fully occupied and configured with a restaurant on the first level and two residential apartments on the second and third levels. The residential units are newly renovated, including Apartment A with one bedroom and 1.5 bathrooms, and Apartment B with two bedrooms and two full bathrooms. The retail space operates as a restaurant and includes a full kitchen with large hood system, bar, dining area, and a small grocery area. The restaurant tenant currently holds a Beer & Wine – Tavern liquor license, and all units are separately metered.
The property is located at 1125 S Charles Street in Baltimore, MD 21230. Showings require 24 hours’ notice.
For buyers or serious operators seeking an income-producing setup with both restaurant and apartment components, the building offers a straightforward vertical mix and clear unit separation via separate metering. The restaurant’s established licensed operation and the newly renovated residential finishes support a tenant-ready configuration within a single address.
The property is located at 1125 S Charles Street in Baltimore, MD 21230. Showings require 24 hours’ notice.
For buyers or serious operators seeking an income-producing setup with both restaurant and apartment components, the building offers a straightforward vertical mix and clear unit separation via separate metering. The restaurant’s established licensed operation and the newly renovated residential finishes support a tenant-ready configuration within a single address.
Key Highlights
- Fully occupied mixed‑use building with a restaurant on the 1st level and two apartments on the 2nd and 3rd levels
- Two newly renovated apartments: Apartment A has 1 bedroom with 1.5 bathrooms; Apartment B has 2 bedrooms with 2 full bathrooms
- Restaurant space includes a full kitchen, large hood system, bar, dining area, and small grocery area
Financial Insights For Specialty Retail
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 | $82.8k | $22.80 |
| − Vacancy | −$4.6k | −$1.25 |
| EGI | $78.3k | $21.55 |
| − OpEx | −$19.6k | −$5.39 |
| NOI | $58.7k | $16.16 |
3,632 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$838.4K
$733.6K – $978.2K
NOI $58,691 @ 7.0% cap · market cap 5.87%
Second Best
Multifamily LT 5
$762.0K
$666.7K – $889.0K
NOI $53,337 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$870.1K
$761.4K – $1.02M
NOI $60,909 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 21230, MD
36,660
Population
18,070
Households
2
Avg Household Size
33
Median Age
59%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
5,819
Density / Sq Mi
$94,164
Median Household Income
$69,973
Median Earnings
$1,771
Median Rent
$327,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied mixed-use building with a restaurant and two newly renovated apartments, all separately metered.
Where is this duplex located?
The property is located at 1125 S Charles Street Baltimore, MD.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully occupied mixed‑use building with a restaurant on the 1st level and two apartments on the 2nd and 3rd levels; Two newly renovated apartments: Apartment A has 1 bedroom with 1.5 bathrooms; Apartment B has 2 bedrooms with 2 full bathrooms; Restaurant space includes a full kitchen, large hood system, bar, dining area, and small grocery area
