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338 N Charles St
Baltimore, MD 21201 Historic Baltimore

$1,200,000 USD

Storefront Retail Residential For Sale  •  6,850 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 6,200 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 9.20 %
  • Tenancy Multiple
  • Zoning C5HT
100 Transit Score
99 Walk Score

Highlights

Stable, long-term commercial income paired with two supersized luxury apartments, fully gut-rehabbed in 2016.
Unique opportunity to enter the Downtown Baltimore market at an approachable scale with pride of ownership.
Spacious apartments feature 9'-10’8? ceilings, quality finishes and updated systems—ideal for long-term, low-maintenance ownership.
Ground-level retail serves both the downtown workforce and nearby Mount Vernon residents, providing steady tenant demand and foot traffic.

Property Flyers

Cap Rate: 9.20 %

Major Tenants

Tenant SF Occupied Lease End Date
Charles Street Dental
Kotz-Temes Ventures LLC

Public Transportation

Commuter RailDriveWalkDistance
Camden Station (Camden Line - Maryland Area Regional Commuter Trains (The MARC)) 4 min 16 min 0.9 mi
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 7 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
Lexington Market (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail)) 3 min 5 min 0.3 mi
Charles Center (Metro Subway - Maryland Transit Administration Metro Subway (Baltimore Metro)) 2 min 6 min 0.3 mi
Lexington Market (Metro Subway - Maryland Transit Administration Metro Subway (Baltimore Metro)) 2 min 7 min 0.4 mi
Centre Street (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail)) 2 min 8 min 0.4 mi
University Center/Baltimore Street (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail)) 3 min 9 min 0.5 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 18 min - 10.5 mi
Tom Fair 410-235-9500 Ben Frederick Realty, Inc.
Tom Fair 410-235-9500 Ben Frederick Realty, Inc.