317 N CHARLES ST Active

Baltimore,MD 21201

$ 525000

- Bed

- Bath

12375 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,375 sqft

Price per Sqft $42

Subdivision Downtown

MLS Listing ID MDBA2134632

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $9,426

Tax Year 2024

Lot Size 2,291 Sqft

Acres 0.05

Property Description

317 N. Charles Street comprises a four story in-line storefront building ready for renovation or full redevelopment. Located in the heart of Downtown Baltimore’s Central Business District just south of Mount Vernon, the property is situated in one of the highest exposure and most significant commercial and cultural areas in the City. The building has been mostly gutted, contains 12,375 square feet of gross building area on six existing levels. With a C-5 Downtown Zoning district, options for future use abound and include retail, office, multifamily or mixed-use. Being within an Opportunity Zone, development of the site retains an array of tax incentives. The building itself has the provenance many developers would seek, having been originally built and occupied by the Lycett Stationer’s Company, subsequently Downs Stationers, whose history dated back to the 1830’s. That history is included within the property’s designation on the Maryland Inventory of Historic Properties. The auction provides an opportunity to develop a piece of Baltimore City history along Baltimore’s primary commercial and cultural north-south artery.

Location

State MD

County Baltimore City

Zoning C-5HT

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Waterfront N

Water Access N

Roof Type Other

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0304010603 013

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Seller Financing

Listing Terms Seller Financing

Financing Seller Financing

Special Listing Condition Standard

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