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518 N Charles str & 520-522 N Charles str, 518 N Charles St 8,760 SF Vacant Retail Building Baltimore, MD 21201 $3,082,500 CAD ($351.88 CAD/SF)
Investment Highlights
- Sale also Includes adjacent parking lot with 30 spaces, a major asset in Mount Vernon where parking is limited. Currently leased and generating income
- Restaurant space on the ground floor with mezzanine level and basement. Restaurant equipment and inventory is included in sale in as-is condition.
- Situated in the Mount Vernon Cultural District. Surrounded by high-end apartments, boutique hotels, restaurants and theaters.
- Sale includes 518 & 520-522 N Charles Str, Baltimore, MD 21201
- Private office spaces on the second floor with separate entrance. Currently leased and generating income.
- Easy access to Penn Station, downtown Baltimore, and the Inner Harbor.
Executive Summary
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 Equipment and restaurant inventory included in sale).
Second-floor office suite with a separate private entrance, currently 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.
Disclosure: The address 518 & 520-522 N Charles street, Baltimore, MD 21201 is per deed, public record and SDAT reflects 518 & 520 N Charles str.
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.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$150,690
|
$17.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$150,690
|
$17.20
|
| Taxes |
$37,011
|
$4.22
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$37,011
|
$4.22
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $150,690 |
| Annual Per SF | $17.20 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $150,690 |
| Annual Per SF | $17.20 |
| Taxes (CAD) | |
|---|---|
| Annual | $37,011 |
| Annual Per SF | $4.22 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $37,011 |
| Annual Per SF | $4.22 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- 24 Hour Access
- Mezzanine
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Base Rent: $19.00/SF (2025) + NNN est. $3.00/SF • Available: Immediately Step into Baltimore’s Mount Vernon Cultural District at a high-visibility, street-level restaurant space with its own storefront entrance. Surrounded by theaters, galleries, offices, and top dining, this address delivers built-in foot traffic and destination appeal. Highlights Main-level restaurant with dedicated street-facing entrance AS-IS delivery with existing restaurant equipment & inventory included (as-is) Historic façade with updated interiors; strong signage presence on N Charles St Separate vestibule entrances allow clear separation from upper-level offices In the heart of a walkable arts & business district—minutes to Penn Station, the Inner Harbor, I-83 & major commuter routes Tenant responsible for NNN; final reconciliation per lease. Delivery: Immediate, AS-IS Utilities: Tenant-paid Use: Food & Beverage/Restaurant (tenant to verify licensing/zoning and any build-out permits) Tenant Improvement: Negotiable, subject to terms and credit Showing Instructions Please allow 24 hours’ notice during regular business hours. Prospects should provide basic financials/proof of funds and business profile prior to lease negotiation.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,785 SF | Retail | - | Now |
1st Floor
| Size |
| 5,785 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,785 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Base Rent: $19.00/SF (2025) + NNN est. $3.00/SF • Available: Immediately Step into Baltimore’s Mount Vernon Cultural District at a high-visibility, street-level restaurant space with its own storefront entrance. Surrounded by theaters, galleries, offices, and top dining, this address delivers built-in foot traffic and destination appeal. Highlights Main-level restaurant with dedicated street-facing entrance AS-IS delivery with existing restaurant equipment & inventory included (as-is) Historic façade with updated interiors; strong signage presence on N Charles St Separate vestibule entrances allow clear separation from upper-level offices In the heart of a walkable arts & business district—minutes to Penn Station, the Inner Harbor, I-83 & major commuter routes Tenant responsible for NNN; final reconciliation per lease. Delivery: Immediate, AS-IS Utilities: Tenant-paid Use: Food & Beverage/Restaurant (tenant to verify licensing/zoning and any build-out permits) Tenant Improvement: Negotiable, subject to terms and credit Showing Instructions Please allow 24 hours’ notice during regular business hours. Prospects should provide basic financials/proof of funds and business profile prior to lease negotiation.
Nearby Major Retailers
Property Taxes
| Parcel Number | 0551-016 | Total Assessment | $1,320,917 CAD |
| Land Assessment | $420,058 CAD | Annual Taxes | $37,011 CAD ($4.22 CAD/SF) |
| Improvements Assessment | $900,859 CAD | Tax Year | 2025 |
Property Taxes
Presented by
518 N Charles str & 520-522 N Charles str, | 518 N Charles St
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