INVESTMENTS

$22M | 351,000 SF | Approx. $62.68/SF | 27 Stories

A DOWNTOWN BALTIMORE INVESTMENT OPPORTUNITY

One North Charles Street combines an established commercial operation with multiple potential paths to future value creation.

INVESTMENT THESIS

LOW BASIS. EXISTING INCOME. EMBEDDED OPTIONALITY

A substantial Downtown Baltimore asset with the flexibility to pursue multiple strategies over time.

LOW BASIS

351,000 SF offered at approximately $62.68/SF.

EXISTING INCOME

A diversified commercial tenant base with 70+ office tenants.

OFFICE UPSIDE

Potential to improve occupancy, rents, expense recoveries and operating efficiency.

RESIDENTIAL POTENTIAL

Upper floors provide an opportunity to evaluate phased residential conversion.

PROPERTY AT A GLANCE

THE ASSET

Gross Building Area

351,000 SF

Gross Building Area

351,000 SF

Building Area Net

290,423 SF

Building Area Net

290,423 SF

Stories

27

Stories

27

Office Tenants

70+

Office Tenants

70+

Year Built

1963

Year Built

1963

Net Land Area

0.36 Acres

Net Land Area

0.36 Acres

OPTIONALITY

ONE BUILDING. MULTIPLE PATHS

Ownership can pursue the existing commercial strategy, reposition the office component, evaluate residential conversion, or combine these strategies over time.

COMMERCIAL

Floors 1–15
~221,000 SF

POTENTIAL RESIDENTIAL

Floors 16–25
~130,000 SF

WHY ONE NORTH CHARLES?

BUILT FOR FLEXIBILITY

Separate Elevator Banks

Low-rise and high-rise elevator service.

Separate Elevator Banks

Low-rise and high-rise elevator service.

~13,000 SF Floor Plates

A manageable configuration for residential planning.

~13,000 SF Floor Plates

A manageable configuration for residential planning.

Two Street-Level Entrances

Potentially supporting separate commercial and residential circulation.

Two Street-Level Entrances

Potentially supporting separate commercial and residential circulation.

PHASED EXECUTION

Potential ability to reposition selected floors while preserving income from the commercial component.

PHASED EXECUTION

Potential ability to reposition selected floors while preserving income from the commercial component.

EXPLORE THE OPPORTUNITY

One North Charles Street offers scale, existing commercial operations and the potential to pursue additional value through repositioning and adaptive reuse.

Qualified prospective purchasers and capital partners may request access to additional financial, leasing, operating and development information.

Contact Info

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