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    Property profile & analytics
    OFF-MARKET Estimated value $4,985,000
    Apartment buildings

    300 Charles St, Baltimore, MD 21201-4305

    42,255 SF 0.2 ac lot Built 1875
    Entity Owned 7-yr Hold
    Property ID
    US40-1140369
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • KMG Japan Consultant
    • Western Union Bank Credit Union
    • Brown's Loft Apartments Apartment Building
    • Shabnam Shabnam Dental Office
    • Dr. Shabnam Mazhari Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.87M
    Blend (final) Blend
    $4.99M
    Owner & transaction history
    Glc 300 N Charles LLC · 7 yrs held
    Glc 300 N Charles LLC
    since 2019
    6 recorded transactions
    2019
    $5.6M
    2015
    $5.9M
    2000
    1969
    1969
    1969
    Zoning & alternative use
    C-5HT · Baltimore, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $7.7M +41.7%
    Warehouse, storage $6.4M +17.7%
    Medical building $6.1M +12.4%
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