1209 N CHARLES ST #C new to site Save Request In-Person Tour Request Virtual Tour
Baltimore,MD 21201
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,149 sqft
Price per Sqft $23
Subdivision Mount Vernon
MLS Listing ID MDBA2161904
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $7,606
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 & B. 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 None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0311010484 031
Ownership Condominium
Special Listing Condition Auction