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Vacant Mixed-Use Retail Building
For Sale
$475,000

315 N Charles St, Baltimore, MD 21201

Fully vacant mixed-use building with four commercial units and C-5-HT zoning for flexible tenant uses.

Property SizeContact for details
Days on Market81

Property Features for 315 N Charles St

General Information

Standard status Active
Zoning C-5-HT

Taxes and HOA fees

Annual Taxes $8,064

Building Details

Year Renovated 2020
Listing Agency: Midfield Realty
Listed By: Yaakov Kanevsky · License #MD-5012433
Source: Exprealty
Added: Jun 2 Changed: Aug 14 Last Checked: Jun 11 at 3:31AM

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 Midfield Realty

Investment Insights

Based on property information with market context.

315 N Charles St is a mixed-use building that is fully vacant and was previously owner-occupied. The property offers four commercial units and provides a straightforward setup for a buyer looking to lease space, reposition the mix of tenants, or occupy the building themselves. Renovations completed in 2018 and 2020 added improvements intended to reduce immediate capital needs for the next owner.

Located at 315 N Charles St in Baltimore, the building sits in a high-visibility downtown corridor. It is zoned C-5-HT, which allows for a range of potential uses within the downtown commercial framework.

For tenants, the property’s four-unit configuration may support a variety of retail-oriented requirements depending on their business type and compliance with C-5-HT allowances. For buyers, the combination of full vacancy, prior owner occupancy, and documented renovation work can support a clean leasing and tenanting plan. The seller notes possible historic state and federal rehabilitation tax credit availability of up to 40%, subject to eligibility and qualifying improvements, which could be relevant to an interested investor’s underwriting.

Key Highlights

  • Fully vacant mixed‑use building at 315 N Charles St, previously owner‑occupied
  • Includes 4 commercial units
  • Zoned C‑5‑HT, supporting a range of potential uses in a downtown corridor

Property Analytics

Current Use

MPower Direct Corporate Office

Suggested Use

Top Pick Veterinary Clinic Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion 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

12,318
Businesses Nearby

Demographics for 21201, MD

18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value

Market

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Fully vacant mixed-use building with four commercial units and C-5-HT zoning for flexible tenant uses.
Where is this retail space located?
The property is located at 315 N Charles St Baltimore, MD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully vacant mixed‑use building at 315 N Charles St, previously owner‑occupied; Includes 4 commercial units; Zoned C‑5‑HT, supporting a range of potential uses in a downtown corridor
More about this property
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