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22204102
22204101

1125 S Charles St, Baltimore, MD 21230

Brexton Commercial
Listed by Brexton Commercial
$999,000
451 days on market
Updated 12 days ago

1125 S Charles St

Details
APN 0950041
Property Type Retail, Multifamily (+1)
Sub Type Restaurant, Apartment Building (+1)
Square Footage 3,632
Units 3
Cap Rate 8.43%
NOI $84,199
Occupancy 100%
Tenancy Multi
Lease Type NN
Rent Bumps Yes
Price per SqFt $275
Class A
Year Built 1920
Buildings 2
Stories 3
Lot Size (SqFt) 2,182
Zoning C-1
Investment Type Stabilized

Retail | Class-A Residential

Marketing description

Co-listed with caroline nowell, cummings & co realtors - fully occupied - double lot. 1125 S Charles presents an exceptional opportunity for retail/street retail investors as this property is an impressive 3,632 SF building offering three units, ideal for a variety of retail or commercial uses. Built in 1920, the property exudes a timeless charm while boasting modern amenities and potential for customization. Zoned C-1, it is strategically positioned in the bustling Baltimore area, providing high visibility and access to a diverse customer base. Whether seeking a flagship location or a prime investment opportunity, this property's prime location and flexible layout make it a compelling choice for retail entrepreneurs and investors alike. The property mix is: two apartments on the second level and a restaurant on the first level, presenting multiple revenue streams for an investor. Apartment A and apartment B are located on the second floor. They are both newly renovated and have upscale taste. Apartment A has one (1) bedroom with two (2) full bathrooms. Apartment B has two (2) bedrooms with two (2) full bathrooms. The restaurant has a full kitchen, and bar, and dining area. Liquor license is owned by tenant.

Located in the vibrant neighborhood of Federal Hill, the area surrounding the property offers a dynamic mix of cultural, culinary, and entertainment attractions. Nearby, the iconic Inner Harbor beckons with its picturesque waterfront, world-class dining, and shopping options. The location provides convenient access to major highways and public transportation, as well as proximity to renowned institutions such as the University of Maryland and Johns Hopkins University. Investors will appreciate the area's diverse and growing economy, with a strong emphasis on healthcare, education, and technology sectors. This thriving urban hub presents an enticing opportunity for mixed-use building investors seeking a lively and connected business environment.

Investment highlights

  • 100% Occupied
  • Double Lot
  • Apartment A: (1)BR (2)BA
  • Apartment B: (2)BR (2)BA
  • Apartments feature in-unit washer & dryer.
  • 3% escalations on Retail Tenant
  • Liquor License held by Tenant
  • Kitchen features large hood system, 3 compartment sink, walk-in
  • Outdoor Seating

Listing Contacts

Brexton Commercial
Listed by Brexton Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,199.00
$7,016.58/mo

Valuation Metrics

0
DSCR
8.43%
Cap Rate
8.43%
ROI

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