723 S CHARLES Street, Baltimore, MD 21230
- Added:
- Jan 15, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 15 at 5:06 am
Property Features for 723 S CHARLES Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 60
- Parking features
- On Street, Parking Lot
- Standard status
- Active
- Size
- 1,169 SF
Taxes and HOA fees
- Tax Annual Amount
- 5609
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Number of units
- 1
- Building materials
- Block, Brick
Listing agent Keith A Hawkins License #657931 (240) 413-6252
Listing office Samson Properties 10400 Odonnell Place unit: 200, Chantilly, MD (703) 378-8810
Listing date Jan 15, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Federal Hill location with high visibility and built‑in foot traffic.
- OR (Office‑Residential) zoning allows for a wide range of professional and institutional uses.
- Remodeled in 2023 with newer HVAC system.
- Six private rooms, one bathroom, and a laundry room provide a flexible layout.
- Four points of egress, including direct access to the parking lot and street, enhance accessibility.
- Wheelchair accessible.
Overview
Unit 103 provides access to the surrounding area through two exits that lead directly to the parking lot. In addition, there is one exit to E. Hughes Street and one interior exit through the atrium with direct access to Charles Street. The unit is located within a well-maintained building that also contains 12 one-bedroom residential units above.
Zoned OR (Office-Residential), the space is for commercial use only and can support a broad range of professional and institutional uses. Compatible uses listed for the property include professional offices, medical and dental offices, insurance agencies, nonprofit and administrative offices, government or institutional offices, counseling services, educational or training facilities, photography studio use, and religious or community offices. This configuration—with private offices and a fully accessible layout—can fit a range of owner-users or professional tenants seeking a ground-floor environment with multiple exits.
Local Financial Insights For Healthcare Medical
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 | $30.9k | $26.40 |
| − Vacancy | −$2.6k | −$2.24 |
| EGI | $28.2k | $24.16 |
| − OpEx | −$11.3k | −$9.66 |
| NOI | $16.9k | $14.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.61443
- Latitude
- 39.28037