Updated Two-Room Office
4100 N CHARLES STREET #112, Baltimore, MD 21218
For Sale
Contact for pricing
Flexible commercial unit with natural light, a remodeled kitchenette, and full-service building amenities.
Property Size574 SF
Price / SF$2.61
Days on Market53
Property Features for 4100 N CHARLES STREET #112
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Office Units
Amenities
24/7 concierge and security service
front desk staffing
updated half bath
remodeled kitchenette
Building Details
Year Built
Listing Agency:
Monument Sotheby's International Realty
(443) 906-3840
Listed By:
Matt Fischer · License #0654122
(410) 585-5125
Source:
Cummingsrealtors
Added: Sep 16
Changed: Nov 6
Last Checked: Nov 6 at 9:29AM
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 Monument Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 574-square-foot office unit occupies the commercial wing of Winthrop House Condominium. Built in 1971, the updated space features an entry hall, two rooms, a wall of windows in the front room, an updated half bath, and a remodeled kitchenette. The second room can accommodate meetings, focused work, or storage within the existing layout.
Winthrop House provides 24/7 concierge and security service, front desk staffing, utilities, condo fees, and building services. The property is located at 4100 N Charles Street in Baltimore, between Johns Hopkins and Loyola University campuses and near shops and restaurants in Hampden, Charles Village, and Roland Park. The commercial unit is not configured for use as a primary residence.
Winthrop House provides 24/7 concierge and security service, front desk staffing, utilities, condo fees, and building services. The property is located at 4100 N Charles Street in Baltimore, between Johns Hopkins and Loyola University campuses and near shops and restaurants in Hampden, Charles Village, and Roland Park. The commercial unit is not configured for use as a primary residence.
Key Highlights
- 574‑square‑foot two‑room office unit in Winthrop House Condominium
- Updated half bath and remodeled kitchenette
- Front room with a wall of windows and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,596
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,920
$171.9K
Cap Rate 7%
$122,800
$122.8K
Cap Rate 9%
$95,511
$95.5K
Market Conditions
NOI Build-Up for 574 SF
Gross rent
$13.8K $24.00/SF
− Vacancy
−$2.3K −$4.03/SF
EGI
$11.5K $19.97/SF
− OpEx
−$2.9K −$4.99/SF
NOI
$8.6K $14.98/SF
Area
ZIP 21218
Vacancy
16.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,920
Cap Rate 7%
$122,800
Cap Rate 9%
$95,511
Alternative Uses
Best Use
Office B
$122.8K
$107.5K – $143.3K
NOI $8,596 @ 7.0% cap · market cap 573.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$156.1K
$136.6K – $182.1K
NOI $10,924 @ 7.0% cap · market cap 728.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
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Business Placement
Demographics for 21218, MD
46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Baltimore, MD
Properties on Market for Office Units in Baltimore
Vacancy Rate% for Office in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Office unit - Flexible commercial unit with natural light, a remodeled kitchenette, and full-service building amenities.
Where is this office unit located?
The property is located at 4100 N CHARLES STREET #112 Baltimore, MD.
What are key features of this property?
This property features: 574‑square‑foot two‑room office unit in Winthrop House Condominium; Updated half bath and remodeled kitchenette; Front room with a wall of windows and natural light
