343 North Charles Street

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343 North Charles Street

Baltimore, MD 21201
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

What's Special

Long-Term Income + Lease-Up Upside | Owner-User & Value-Add Opportunity <ul><li>​13,333 SF historic Charles Street asset with long-term income and owner-user flexibility</li><li>​Live Baltimore has occupied the property since 2003, with a new lease through June 2031</li><li>​Baltimore Renters United leases approximately 1,200 SF through March 2028</li><li>​Current income is $51,350, with stabilized income potential of approximately $132,000</li><li>​Upper-floor vacancy creates lease-up, owner-user, coworking, or repositioning upside</li><li>​Flexible C-5-HT zoning s

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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