317 Charles St Baltimore, MD 21201-4303

Property Details for 317 Charles St

Year built

1920

Construction

BRICK

Lot size

0.05 lot acres

Property size

10,125 SF

Zone code

C-5HT

Property type

Retail space

APN

04-01-0603 -013

APU

4010603013

Description

This exceptional mixed-use property, located in Baltimore's Central Business District just south of Mount Vernon, presents a unique redevelopment opportunity. The four-story, 12,375 square foot building, formerly home to Lycett and Downs Stationers, boasts a rich history and is listed on the Maryland Inventory of Historic Properties. Currently mostly gutted, it offers a blank canvas for creative vision. The C-5 Downtown zoning permits a wide range of uses, including retail, office, multifamily, or mixed-use development. Situated on an irregularly shaped lot (approximately 2,300-2,400 sq ft) with rear alley access, the building benefits from high visibility on North Charles Street, a major commercial and cultural artery. Its location within an Opportunity Zone provides substantial tax incentives, making this a financially attractive investment. The building features a decorative facade, transoms, and bow windows, adding to its historical charm. With excellent access to major roadways (I-83, I-395, US-40, MD-295, and I-95) and proximity to key attractions like the Inner Harbor, this property offers unparalleled potential for significant return. The asking price is $525,000, with annual real estate taxes of $9,425.84. The property is being sold fee simple, free and clear of all liens.