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Luxury Mixed-Use Federal Hill Asset
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1201 South Charles Street, Baltimore, MD 21230

Mixed-use property with apartments and commercial space in Baltimore.

Property Size32,468 SF
Price / SF$129.36
Days on Market95

Property Features for 1201 South Charles Street

General Information

Standard status Active
Size 32,468 SF
Total Parking Spaces 21
Property subtype Retail, Multifamily, Mixed Use

Building Details

Stories 5
Tenancy Multi
Listing Agency: Harbor Stone Advisors
Listed By: Kevin Landolphi · License #5019982
Source: Crexi
Added: May 20 Changed: Aug 14 Last Checked: Aug 18 at 8:12PM

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 Harbor Stone Advisors

Investment Insights

Based on property information with market context.

Located in the Federal Hill neighborhood of Baltimore City, 1201 S Charles is a luxury mixed-use asset. The property features 16 apartments, a mix of 2-bedroom, 2-bathroom units and 2-bedroom, 2-bathroom with den units, as well as one ground floor commercial space. The commercial space is leased to &pizza, a pizza chain with locations throughout Washington, DC, Maryland, Virginia, Pennsylvania, and New Jersey. The tenant exercised their first 5-year extension option effective June 1, 2026, through May 2031. Completed in 2016, the property holds a LEED Gold certification. The asset was engineered for long-term durability and reduced maintenance through the use of premium steel and brick construction materials. Typical residential unit features include stainless steel appliances, wood cabinets, granite countertops, carpet/tile/hardwood flooring, and in-unit washer/dryers. The apartments also boast high ceilings and floor-to-ceiling windows creating plentiful natural light. There is a garage on-site with 9 parking spaces as well as an additional 12 spaces across the street at a neighboring garage. The property is located in a historic district adjacent to the Inner Harbor and is near Cross Street Market, Federal Hill Park, the American Visionary Art Museum, M&T Bank Stadium, and Oriole Park at Camden Yards. The property size is 32468 square feet.

Key Highlights

  • Prime location in the desirable Federal Hill neighborhood, close to Inner Harbor attractions, restaurants, and entertainment.
  • Luxury mixed‑use asset with 16 expansive apartments featuring 2 Br‑2 Ba or 2 Br‑2 Ba with Den, and a ground floor commercial space.
  • Commercial space leased to &pizza, a popular pizza chain, with a lease extension through May 2031.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Barber Shop Locksmith (Bike/Boat/Book/etc) Store Catering Service Garden Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,696
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with apartments and commercial space in Baltimore.
Where is this mixed-use property located?
The property is located at 1201 South Charles Street Baltimore, MD.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Prime location in the desirable Federal Hill neighborhood, close to Inner Harbor attractions, restaurants, and entertainment.; Luxury mixed‑use asset with 16 expansive apartments featuring 2 Br‑2 Ba or 2 Br‑2 Ba with Den, and a ground floor commercial space.; Commercial space leased to &pizza, a popular pizza chain, with a lease extension through May 2031.
More about this property
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