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24699770
24699772

518 N Charles St, Baltimore, MD 21201

ML
MD MD 679651
Monument Sotheby's International Realty
Listed by Monument Sotheby's International Realty
$2,250,000
352 days on market
Updated 9 days ago

518 N Charles str & 520-522 N Charles str

Details
Property Type Retail, Office (+2)
Sub Type Restaurant, Bar (+1)
Square Footage 8,760
Units 1
NOI $109,993
Tenancy Multi
Lease Type NNN
Class B
Year Built 1920
Year Renovated 1995
Zoning OR-2
Parking Spaces 30 per 1,000 sq ft
Investment Type Value Add
Tenant Credit No Credit Rating
Ground Lease No

Building and Parking Lot with 30 Parking spaces

Marketing description

Welcome to 518 and 520 -522 N Charles Street, a premier mixed-use property located in the heart of Baltimore's iconic Mount Vernon Cultural District, offered as a package sale with an adjacent lot. This unique opportunity includes a restaurant space, leased professional office suites, and a valuable 30-space parking lot—an exceptional find in one of the city’s most vibrant and sought-after neighborhoods.

Property Highlights:

Restaurant space on the main level with a dedicated street-facing entrance – perfect for owner-occupants or investors seeking food & beverage tenants. ( AS-IS Restaurant Equipment and restaurant inventory included in sale).

Second-floor office suite with a separate private entrance, currently partially leased.

30-space parking lot included in the sale, currently leased.

Leases offer opportunity for income growth.

No existing survey; buyer to verify.

Additional Features:

Historic architecture with updated interiors.

Separate entrances from the vestibule for both levels allow flexible occupancy and leasing strategies.

Located in Baltimore’s walkable arts and business district, surrounded by theaters, shops, and top restaurants.

Minutes to Penn Station, the Inner Harbor, and major commuter routes.

This is an ideal opportunity for investors, owner-users, or those seeking a high-visibility location with built-in income and future upside.

Per deed, property includes 518 & 520–522 N Charles Street. SDAT lists as 518 & 520

Buyers must be pre-approved and have financing ready prior to scheduling a tour.

Please provide at least 24 hours' notice for showings during regular business hours.

Investment highlights

  • Sale includes 518 & 520-522 N Charles Str, Baltimore, MD 21201
  • Leased Private office spaces on the second floor with separate entrance. Currently leased and generating income.
  • Leased adjacent parking lot with 30 spaces, a major asset in Mount Vernon where parking is limited. Currently leased and generating income
  • Situated in the Mount Vernon Cultural District. Surrounded by high-end apartments, boutique hotels, restaurants and theaters.
  • Restaurant space on the ground floor with mezzanine level and basement. Restaurant equipment and inventory is included in sale in as-is condition.
  • Easy access to Penn Station, downtown Baltimore, and the Inner Harbor.

Listing Contacts

ML
MD MD 679651
Monument Sotheby's International Realty
Listed by Monument Sotheby's International Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,993.00
$9,166.08/mo

Valuation Metrics

0
DSCR
4.89%
Cap Rate
4.89%
ROI

Map

Zoning

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OR-2 MixedMixed UseOffice Residential
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Maja Likakis
License
MD 679651
Brokerage
Monument Sotheby's International Realty
Brokerage Phone
(443) 746-2090
Brokerage Address
12143 Clarksville Pike
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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