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Listed by Charles N Billig • A.J. Billig & Company

$300,000

Est. payment - /mo

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5,947 SqFt

Open 5/13 11AM-12PM

1209 N CHARLES ST #B Baltimore, MD 21201

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,947 sqft

Price per Sqft $50

Subdivision Mount Vernon

MLS Listing ID MDBA2161892

Originating Board BRIGHT

Year Built 2007

Annual Tax Amount $21,051

Tax Year 2024

Property Sub-Type Retail

Property Description

MOUNT VERNON RETAIL ASSEMBLAGE REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING! Online Bidding Opens - Monday, May 12, 2025. Live On Site Auction - Tuesday, May 13, 2025 at 12:00 noon. List price is opening bid only. Also being auctioned - Units A & C. Units to be offered both individually and as an entirety. Online Bidders - Deposit/Escrow Agreement must be received prior to the start of the live auction. 1209 N. Charles Street Units A, B & C comprises three separately owned retail condominium units in Twelve09 Condominium in Midtown-Belvedere. The three street level units are part of an expansive mixed-use complex north of Mount Vernon and 3 blocks south of Penn Station. The property is surrounded by the University of Baltimore and the Maryland Institute College of Art (MICA). Unit A is 100% occupied, leased to Starbucks, Chipotle, Smoothie King and Subway on NNN leases with 3 18-year remaining terms (including options). Current scheduled annual rents are $206,584.44 plus percentage rent (Subway). Units B and C (a/k/a 1207 N. Charles Street) are vacant. Gross building area for all 4 units is approximately 14,000 square feet. By square footage, the assemblage is 42% occupied.

Location

State MD

County Baltimore City

Zoning C-2

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0311010484 030

Ownership Condominium

Special Listing Condition Auction

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1209 N CHARLES ST #B Baltimore, MD 21201

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1209 N CHARLES ST #B