1014 Charles St, Baltimore, MD 21230-4008
- Investment properties
- 2,598 SF
- 0.04 lot acres
Current Use by Public Records
- Michael Kane, RE/MAX Distinctive / Real Estate Agency
- David Jimenez, RE/MAX Distinctive Real Estate, Inc. / Real Estate Agency
- Midtown Day Spa / Alternative Medicine Practice / Spa & Massage Center
- Triple Crown Designs / Marketing & Advertising / Advertising Agency
- Honey and Company Spa / Spa & Massage Center
Property Details for 1014 Charles St
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.04 lot acres
- Zone code
- C-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 23-03-0933 -003
- APU
- 23030933003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 1, 2026 | $563,200 | Charles & Olive Limited Liability Company LLC | Gaber Real Estate LLC | Deed | $300k |
| Jan 31, 2025 | $649,000 | Gaber Real Estate LLC | Nhtmd LLC | Deed | — |
| May 10, 2023 | — | Nhtmd LLC | — | Deed · related | $808k · First National Bank Of Pennsylvania |
| Apr 5, 2021 | $405,000 | Adam C Lynch | Shana M Willhide | Deed | $385k · Primary Residential Mortgage INC |
| Jun 8, 2020 | $450,000 | Nhtmd LLC | Nancy R Micklesen | Deed | $383k · First National Bank Of Pennsylvania |
| Aug 15, 2002 | $250,000 | Peter D Mickelsen | Whitlock,paul R | Grant Deed | — |
| Dec 4, 1997 | $53,000 | Paul R Whitlock | Oros,david | Grant Deed | — |
| — | — | Ten Fourteen-ten Eighteen LLC | — | Deed Of Trust · related | $1.1M · Howard Bank |
Description
This 5,100 square foot, three-story vacant storefront in Baltimore's Federal Hill neighborhood presents a compelling redevelopment opportunity. Built in 1920 and renovated in 2024, this fee-simple property sits on a 1,845 square foot lot and is zoned C-1. The unfinished interior offers significant potential for a mixed-use development, with plans including five units: two two-bedroom units, two one-bedroom units, and one efficiency unit. Projected monthly rental income totals approximately $11,000, encompassing a commercial space and residential units, all separately metered. The property's prime location near Cross Street Market, M&T Bank Stadium, and Oriole Park at Camden Yards offers unparalleled convenience and accessibility, with easy access to S Hanover St. The asking price is $425,000, and the property is believed to include space for a two-car garage. Real estate taxes are $10,120 annually. Pre-auction offers are accepted. The property is sold free and clear of all liens. Permit number 20223273.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $645,000
- ML approach
- $575,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $600,000
- 6.5%
- $550,000
- 7%
- $510,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $668,000
- AI Estimate
- $452,000
Market price range: $201k - $669kMarket price range: $236k - $452k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $460,000 Current use
- AUTO REPAIR, GARAGE
- $600,000 Change: +31% Conversion: Difficult
- OFFICE BUILDING
- $535,000 Change: +16% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $475,000 Change: +4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6147
- Latitude
- 39.2775
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA