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924 N Charles St
Baltimore, MD 21201
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Long-term NNN restaurant tenancy providing stable, low-maintenance income.
- Multi-level entertainment layout featuring multiple bars, lounge spaces, and an atrium that elevates the guest experience.
- Highly accessible corridor with both off-street and street parking that enhances customer convenience.
- Recent capital improvements and modernized kitchen infrastructure supporting strong operational performance.
- Positioned in a walkable cultural hub surrounded by arts institutions, universities, and established residential communities.
Résumé de l'annonce
924 N Charles St presents an exceptional opportunity to acquire a stabilized, NNN-leased restaurant property located in the heart of Baltimore’s Mount Vernon neighborhood, one of the city’s most architecturally rich and culturally energetic districts. This fully renovated asset benefits from major upgrades completed less than a decade ago, resulting in a high-quality hospitality environment supported by modern infrastructure, a state-of-the-art commercial kitchen, and thoughtfully designed dining and entertainment areas.
Mount Vernon’s renowned blend of residential density, walkable amenities, academic institutions, boutique retailers, and landmark arts destinations creates a dynamic customer base and consistent foot traffic. Positioned along the prominent North Charles Street corridor, the property allows for seamless access to Baltimore Penn Station, the Central Business District, and the region’s primary roadways including I-83 and I-95. The combination of visibility, neighborhood appeal, and transit connectivity strengthens long-term tenant performance and enhances the asset’s desirability for investors seeking durable income.
The existing long-term NNN restaurant lease offers passive, predictable cash flow with minimal landlord responsibilities, positioning the property as a low-touch investment ideal for both regional and out-of-market buyers. The interior layout includes multiple bars, a DJ booth, a lounge area, and an impressive atrium, creating a multi-level hospitality experience that aligns with today’s experiential dining trends. Off-street parking behind the building and ample street parking further support accessibility, a rare advantage in this historic neighborhood.
Surrounded by Baltimore’s arts institutions, strong employment centers, and a growing residential base, 924 N Charles St stands as a compelling investment offering within a proven urban destination. The combination of updated infrastructure, stable tenancy, and a high-profile location positions this asset to deliver ongoing value for years to come.
Mount Vernon’s renowned blend of residential density, walkable amenities, academic institutions, boutique retailers, and landmark arts destinations creates a dynamic customer base and consistent foot traffic. Positioned along the prominent North Charles Street corridor, the property allows for seamless access to Baltimore Penn Station, the Central Business District, and the region’s primary roadways including I-83 and I-95. The combination of visibility, neighborhood appeal, and transit connectivity strengthens long-term tenant performance and enhances the asset’s desirability for investors seeking durable income.
The existing long-term NNN restaurant lease offers passive, predictable cash flow with minimal landlord responsibilities, positioning the property as a low-touch investment ideal for both regional and out-of-market buyers. The interior layout includes multiple bars, a DJ booth, a lounge area, and an impressive atrium, creating a multi-level hospitality experience that aligns with today’s experiential dining trends. Off-street parking behind the building and ample street parking further support accessibility, a rare advantage in this historic neighborhood.
Surrounded by Baltimore’s arts institutions, strong employment centers, and a growing residential base, 924 N Charles St stands as a compelling investment offering within a proven urban destination. The combination of updated infrastructure, stable tenancy, and a high-profile location positions this asset to deliver ongoing value for years to come.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
13 000 pi²
Classe d’immeuble
B
Année de construction/rénovation
1870/2016
Location
Unique
Hauteur du bâtiment
4 étages
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
3,32
Taille du lot
0,09 AC
Zonage
C-2 - District commercial communautaire
Façade
Commodités
- Restaurant
- Affichage
Impôts fonciers
| Numéro de lot | 0511-016 | Évaluation des bâtiments | 858 347 $ CAD |
| Évaluation du terrain | 186 627 $ CAD | Évaluation totale | 1 044 974 $ CAD |
Impôts fonciers
Numéro de lot
0511-016
Évaluation du terrain
186 627 $ CAD
Évaluation des bâtiments
858 347 $ CAD
Évaluation totale
1 044 974 $ CAD
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