Baltimore, MD 21201 338 N Charles Street

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Presented By: Ben Frederick Realty, Inc.
  • MLS# MDBA2194906
  • 12/12/2025
  • Request Tour
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  • SQFT • 6,200

Home Details

This mixed-use property offers stable, long-term commercial income paired with two supersized luxury apartments, all fully gut-rehabbed in 2016a rare chance to enter the Downtown Baltimore market at an approachable scale with true pride of ownership. Located on North Charles Street, Baltimores Main Street, the building benefits from strong visibility, walkability, and steady foot traffic serving both the downtown workforce and nearby Mount Vernon residents. The apartments feature impressive 9 to 108 ceiling heights, quality finishes, and updated systems, while ground-level retail supports consistent tenant demandmaking this a low-maintenance, long-term investment in one of the citys most recognizable corridors. Interiors: The first-floor dental office has operated in this location for more than 30 years and features modern, recently renovated improvements. The suite includes five dental chairs, four dedicated workspaces, a kitchenette, lab area, and storage rooms. A carpeted waiting area and hardwood workspaces create a professional environment, with two half-baths finished in ceramic tile. The terrace-level retail suite includes two large showrooms, two private offices, and two half-baths, with laminate flooring throughout and a mix of fixed and suspended grid ceilings a versatile layout for service or boutique retail uses. The second-floor, two-bedroom, two-bathroom apartment offers an impressive 2,119 sq. ft. of living space with hardwood flooring in the living areas and ceramic tile in the kitchen and baths. The third-floor, one-bedroom, one-bathroom apartment provides 978 sq. ft. of living space and features attractive parquet flooring with ceramic tile in the bath. Both apartments are in exceptional condition and include granite countertops, wood shaker cabinets, and modern stainless-steel appliances, including 30 electric ranges, dishwashers, built-in microwaves, and disposals. Each unit has its own washer and dryer, offering in-unit convenience for residents and reducing maintenance responsibilities for the owner. The 300 block of North Charles Street is a distinctive stretch of historic retail storefronts with renovated upper-floor apartments, where both businesses and residents benefit from an address on Baltimores Main Street. Charles Street serves as the dividing line between East and West Baltimore and has long been home to quality restaurants, cafs, and neighborhood food providers. This block transitions shoppers and professionals from Downtown to the Mount Vernon Historic District, adding value through visibility and steady pedestrian activity. Kitchens, bathrooms, heating and cooling systems, and electric service have all been updated and modernized, keeping the stores and apartments attractive to users, residents, and their guests or customers. A well-maintained building with modern systems offers dependable performance and limited need for improvements. The second-floor, 2,119-square-foot, two-bedroom apartment presents an opportunity for value creation by converting it into two one-bedroom unitspotentially increasing monthly income, improving rentability and enhancing overall property value. Whats Special: The 300 block of North Charles Street is a distinctive stretch of historic retail storefronts with upper-floor apartments, where both businesses and residents benefit from an address on Baltimores Main Street. Charles Street serves as the center street for Baltimore City and has long been home to quality restaurants, cafs, and neighborhood food providers. This block transitions shoppers and professionals from Downtown to the Mount Vernon Historic District, adding value through visibility and steady pedestrian activity.
Presented By: Ben Frederick Realty, Inc.

Interior Features for 338 N Charles Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 338 N Charles Street

AccessibilityNone
Business TypeMedical, Professional, Apartment Building, Other/General Retail
Cap Rate8.48
CityBALTIMORE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBALTIMORE CITY
DirectionsGPS
ExclusionsTenant's possessions excluded.
HeatingHeat Pump(s)
Legal SubdivisionWard 4
Lot Size Square Feet3000.00
Lot Size UnitsSquare Feet
MunicipalityBaltimore City
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease
Price Per Sq Ft Total AG136.36
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofPitched, Shingle, Flat, Rubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameDOWNTOWN
Tax Annual Amount11972.0
Tax Assessed Value507300.0
Tax Lot009
Tax Year2025
Total Actual Rent89919.00
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningC-5HT

Exterior for 338 N Charles Street

Building Area Total8800.00
Inclusions2 30 electric ranges, 2 dishwashers, 2 built-in microwaves, 2 refrigerators, 2 clothes washers and 2 clothes dryers
Land Assessed Value165000.00
Land Use CodeC
Lot Dimensions25'x120'
Lot Size Acres0.07
Lot Size SourceAssessor
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,200,000
MLS#MDBA2194906
List Date 12/12/2025
Property Type Commercial
Phone 703.929.4729
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