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Turnkey Vacant Office in Baltimore CBD 419 N Charles St 5,389 SF Vacant Office Building Online Auction Sale Baltimore, MD 21201
INVESTMENT HIGHLIGHTS
- Rare vacant turnkey office property with compelling value-add potential and furniture included in the Historic Baltimore neighborhood.
- In the heart of Downtown Baltimore, just steps from Federal Hill and the Inner Harbor, the property delivers a backdrop for business success.
- Buyers and investors are presented with broad zoning, which allows for many potential uses in the historic zone.
- Accessibility is seamless with nearby transit stops and convenient connections to Interstates 83 and 95, and Routes 40 and 1.
- Nearby points of interest include University of Maryland, Mercy Medical Center, Hippodrome Theatre, as well as museums and more.
- Once the home of author Upton Sinclair, this location is an iconic piece of Baltimore history.
EXECUTIVE SUMMARY
Unlock the potential in a beautifully crafted office in one of Baltimore’s most coveted neighborhoods.
419 N Charles Street is a thoughtfully cared-for office building in the heart of it all. Originally built in 1920 and renovated in 2007, this property exudes character and timeless appeal. Once the home of author Upton Sinclair, 419 N Charles Street is a piece of history within the city.
The 5,389-square-foot asset spans five stories with exceptional floor plates, offering versatile and functional layouts. Its exterior showcases classic brickwork with thoughtfully curated details, enhancing its curb appeal. Inside, tenants and visitors are greeted by tall ceilings, exposed brick, and modern finishes, creating a space that feels both inviting and professional. An additional basement currently serves as a gym, adding to the property’s amenities. In 2024, ownership completely replaced the three-level HVAC system, injecting over $160,000 into the replacement system. Delivered vacant and fully furnished, the building offers a wide range of potential uses.
Located within Baltimore’s C5HT zoning district, this zoning is designed for historic downtown areas and supports offices, retail, restaurants, service businesses, and more, all while preserving the city’s architectural heritage. The flexible zoning and layout provide buyers with exceptional optionality, making it an ideal investment for those seeking a dynamic urban location.
This asset is in the heart of Baltimore, directly across from a 376-car garage and within proximity to landmarks such as the Baltimore Basilica, Mercy Hospital, the Walters Art Gallery, and the Enoch Pratt Library, as well as a variety of dining and entertainment options. The surrounding neighborhoods, including Federal Hill and the Inner Harbor, contribute to the area’s unique charm and appeal. Accessibility is effortless, with multiple transit stops nearby and convenient connections to major roadways, including Interstates 95, 83, and Routes 295, 40, and 1.
Baltimore is a resilient East Coast market that appeals to both investors and owner/users. The city attracts people with its world-class healthcare and educational institutions, vibrant culture and history, strategic regional access, and relatively affordable cost of living.
Property tours are available by appointment only. Please contact the listing broker to schedule.
419 N Charles Street is a thoughtfully cared-for office building in the heart of it all. Originally built in 1920 and renovated in 2007, this property exudes character and timeless appeal. Once the home of author Upton Sinclair, 419 N Charles Street is a piece of history within the city.
The 5,389-square-foot asset spans five stories with exceptional floor plates, offering versatile and functional layouts. Its exterior showcases classic brickwork with thoughtfully curated details, enhancing its curb appeal. Inside, tenants and visitors are greeted by tall ceilings, exposed brick, and modern finishes, creating a space that feels both inviting and professional. An additional basement currently serves as a gym, adding to the property’s amenities. In 2024, ownership completely replaced the three-level HVAC system, injecting over $160,000 into the replacement system. Delivered vacant and fully furnished, the building offers a wide range of potential uses.
Located within Baltimore’s C5HT zoning district, this zoning is designed for historic downtown areas and supports offices, retail, restaurants, service businesses, and more, all while preserving the city’s architectural heritage. The flexible zoning and layout provide buyers with exceptional optionality, making it an ideal investment for those seeking a dynamic urban location.
This asset is in the heart of Baltimore, directly across from a 376-car garage and within proximity to landmarks such as the Baltimore Basilica, Mercy Hospital, the Walters Art Gallery, and the Enoch Pratt Library, as well as a variety of dining and entertainment options. The surrounding neighborhoods, including Federal Hill and the Inner Harbor, contribute to the area’s unique charm and appeal. Accessibility is effortless, with multiple transit stops nearby and convenient connections to major roadways, including Interstates 95, 83, and Routes 295, 40, and 1.
Baltimore is a resilient East Coast market that appeals to both investors and owner/users. The city attracts people with its world-class healthcare and educational institutions, vibrant culture and history, strategic regional access, and relatively affordable cost of living.
Property tours are available by appointment only. Please contact the listing broker to schedule.
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
5,389 SF
Building Class
B
Year Built/Renovated
1920/2007
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
1,078 SF
Building FAR
3.09
Lot Size
0.04 AC
Opportunity Zone
Yes
Parcel Number
0566-010
Zoning
C-5-HT - Historic Downtown
AMENITIES
- 24 Hour Access
- Atrium
- Conferencing Facility
- Roof Terrace
- Storage Space
- Outdoor Seating
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
ABOUT CBD BALTIMORE
Downtown Baltimore is the epicenter of the greater Baltimore metropolitan area’s office market. Home to some of the area’s most high-profile companies, stretches of real estate, and unbeatable waterfront views, many office tenants have called the Central Business District home for decades.
The CBD offers businesses several geographic advantages. Its accessibility to major thoroughfares including I-83, I-95, I-295, and I-395 provides many points of ingress and egress to other parts of the metro, including convenient access points for commutes to the nearby Baltimore-Washington International Thurgood Marshall Airport, or adjoining metropolitan areas of Washington D.C. or Philadelphia.
Baltimore’s core boasts some of the highest-quality office space in the metro. Anchored by the Pratt Street corridor, its concentration of Class A office space more than doubles that of the next closest concentration in Baltimore. In turn, some of Downtown's largest tenants include notable law firms such as Venable, Miles & Stockbridge, and Baker Donelson. It is also home to long-time mainstays of Baltimore Gas and Electric and M&T Bank.
A notable redevelopment is on the horizon, as locally based MCB Real Estate is planning to renovate Harborplace, a 165,000-square-foot retail center along the Inner Harbor. The renovation is slated to restore the glory that once was Harborplace, and in turn, provide additional retail destinations for the CBD’s ample workforce.
Within the capital markets, office sales activity in Baltimore's core has been driven by conversions in recent years. The CBD has more than 1,000 multifamily units underway, and the overwhelming majority of those units are slated to come to market by way of conversions from office and hospitality properties to multifamily assets.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
40,523
276,692
520,213
2020 Population
41,523
261,978
528,696
2029 Population
39,169
271,670
504,627
2024-2029 Projected Population Growth
-3.3%
-1.8%
-3.0%
Daytime Employees
113,649
241,014
334,087
Total Businesses
10,016
26,985
38,467
Average Household Income
$71,921
$80,650
$78,188
Median Household Income
$52,462
$54,540
$54,545
Total Consumer Spending
$493.3M
$3.1B
$5.4B
Median Age
34.8
35.9
36.9
2024 Households
23,368
127,008
221,797
Percent College Degree or Above
21%
18%
15%
Average Home Value
$312,425
$263,292
$243,294
$ values in USD
SALE ADVISORS
SALE ADVISORS
Caryn Saunders, Realtor
As a licensed Realtor in Maryland, I have the expertise to help you navigate the real estate market confidently and am well-versed on effective marketing, legal compliance, negotiations, and transaction management strategies. My specialty is making your home buying or selling experience seamless and enjoyable. As well as your Commercial Real Estate transactions to go smoothly- leasing as well as buying or selling that Commercial property. My services include helping to identify homes that meet your needs and eliminate those that don’t, keeping you informed of new listings that match your criteria, managing every aspect of your purchase or sale from the initial home search to the smallest closing detail, and so much more. By proactively addressing potential issues, I will ensure your transaction is as hassle-free as possible.
Will Ferguson, C.R.E & Business Broker
With over 16 years’ experience in commercial real estate, my specialties include: Commercial Real Estate, Investment, Flex-Industrial , Medical Office Buildings and Retail.
I have worked in multiple industries, handling multi-million-dollar transactions in the equipment leasing business, fitness/health Industry and as a commercial real estate agent. Always bringing entrepreneurial insights, integrity, high energy, and results to my work.
I participate in various civic, charitable, and business organizations. A supporter of the American Red Cross and Compassion International, a member of the Anne Arundel Association of Realtors, Annapolis Chamber of Commerce, , B.O.N Network, North Anne Arundel Chamber of Commerce and Pasadena Business Association.
I am a board member for There Goes My Hero. Org and committee member for Marian House.
Trade Associations include, Maryland Business Brokers Association, Carolina's Virginia Business Brokerage Association and International Business Brokers Association.
I have worked in multiple industries, handling multi-million-dollar transactions in the equipment leasing business, fitness/health Industry and as a commercial real estate agent. Always bringing entrepreneurial insights, integrity, high energy, and results to my work.
I participate in various civic, charitable, and business organizations. A supporter of the American Red Cross and Compassion International, a member of the Anne Arundel Association of Realtors, Annapolis Chamber of Commerce, , B.O.N Network, North Anne Arundel Chamber of Commerce and Pasadena Business Association.
I am a board member for There Goes My Hero. Org and committee member for Marian House.
Trade Associations include, Maryland Business Brokers Association, Carolina's Virginia Business Brokerage Association and International Business Brokers Association.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Victoria Quade
Contact
Auctioneer License:
Ten-X Vibhav Kapila RE Brkr 660150
CONTACTS
-
Caryn Saunders -
Will Ferguson -
Berkshire Hathaway HomeServices Homesale Realty
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Turnkey Vacant Office in Baltimore CBD | 419 N Charles St
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