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

315 N Charles Street, Baltimore, MD 21201

Four-unit retail building zoned C-5-HT with recent renovations, offering flexibility for leasing or owner occupancy.

Property Size9,396 SF
Price / SF$50.55
Days on Market80

Property Features for 315 N Charles Street

General Information

Standard status Active
Size 9,396 SF
Property subtype Mixed Use
Zoning C-5-HT

Building Details

Year Built 1920
Year Renovated 2018
Listing Agency: Midfield Realty
Listed By: Yaakov Kanevsky · License #MD-5012433
Source: Xome
Added: May 12 Changed: Jul 10 Last Checked: Jun 15 at 4:38AM

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 retail property containing four commercial units. The building is currently fully vacant and was previously owner-occupied, creating a clean platform for a new owner to lease the space, reposition the tenant mix, or occupy the property themselves. Renovations were completed in 2018 and 2020, supporting the building’s readiness for immediate use by a new operator.

The property is zoned C-5-HT and is described as being located in Baltimore’s downtown area within a high-visibility corridor. For buyers and tenants seeking a downtown retail address, the zoning classification provides flexibility to support a range of potential uses consistent with C-5-HT.

With four separate commercial units, the property can accommodate multiple tenants or an owner-user strategy that combines occupancy with leasing. The vacancy also presents an opportunity to set new lease terms and establish a fresh tenant lineup. The offering notes potential eligibility for historic state and federal rehabilitation tax credits of up to 40%, subject to qualification and eligible improvements, which may be relevant to an investor’s planning and underwriting for the next phase of development.

Key Highlights

  • 4 commercial units in a mixed‑use retail building
  • Zoned C‑5‑HT for a range of potential uses in downtown Baltimore
  • Fully vacant; previously owner‑occupied, offering lease‑up or owner‑occupant flexibility

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
Well-served
Demand for This Use

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?
Storefront property - Four-unit retail building zoned C-5-HT with recent renovations, offering flexibility for leasing or owner occupancy.
Where is this storefront property located?
The property is located at 315 N Charles Street 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: 4 commercial units in a mixed‑use retail building; Zoned C‑5‑HT for a range of potential uses in downtown Baltimore; Fully vacant; previously owner‑occupied, offering lease‑up or owner‑occupant flexibility
More about this property
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