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Property profile & analytics
FOR SALE
Retail space

317 N Charles St Baltimore, MD 21201

10,125 SF 0.05 ac lot Built 1920
Individually Owned 11-yr Hold Free & Clear
Property ID
US40-0544325
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction BRICK
Total area 10,125 SF
Lot 0.05 ac (2,291 SF)
Zoning code C-5HT
APN 04-01-0603 -013
UPID US40-0544325
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Land Preserves Ltd · 11 yrs held
Land Preserves Ltd
since 2014
4 recorded transactions
2014
$550,000
2011
Price N/A
2001
$250,000
1997
Price N/A
Zoning & alternative use
C-5HT · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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