Property profile

300 N Charles St Baltimore, MD 21201

FOR SALE
Apartment buildings
Property ID
US40-1140369
42,255 SF 0.2 ac lot Built 1875
Entity Owned 7-yr Hold
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For Sale
Contact for pricing 42,255 SF
300 N Charles St, Baltimore, MD 21201
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Property summary

AI-generated overview

This exceptional 2,250 square foot medical office space, located at 300 N Charles St in Baltimore, MD 21201, is ideally situated in the vibrant Mount Vernon neighborhood. The two-level suite boasts a spacious reception/waiting area, perfect for patient comfort and a professional first impression. Multiple private offices and treatment rooms provide ample space for medical professionals and their staff. A second-floor mezzanine offers additional office space, a convenient waiting area, and a dedicated conference room, enhancing both functionality and collaborative opportunities. The suite also includes a well-appointed breakroom and dedicated storage space for efficient workflow management. The building features separately metered HVAC, ensuring cost-effective climate control. This prime location offers unparalleled convenience, with proximity to major medical institutions including the University of Maryland Medical Center, Mercy Medical Center, and Johns Hopkins Hospital. Furthermore, its central location places it within walking distance of the MTA light rail and numerous bus routes, providing easy access for both patients and staff. The C-5HT zoning ensures flexibility for a variety of medical uses. This is a truly exceptional opportunity for medical practices seeking a well-appointed and strategically located space in the heart of Baltimore.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1875
Construction BRICK
Total area 42,255 SF
Lot 0.2 ac (8,811 SF)
Zoning code C-5HT
APN 04-02-0580 -021
UPID US40-1140369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Bank Credit Union
  • Apartment Building
  • Dental Office
  • Dental Office

Location

300 N Charles St Baltimore, MD 21201
Baltimore metro Census 40100 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.87M
Blend (final) Blend
$5.54M

Owner & transaction history

since 2019
6 recorded transactions
2019
$5.6M
2015
$5.9M
2000
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-5HT · Baltimore, MD
Top alternative use upside
Neighborhood: shopping center $7.7M +41.7%
Warehouse, storage $6.4M +17.7%
Medical building $6.1M +12.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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