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$2,400,000
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Property Description
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 Restaurant Equipment and restaurant inventory included in sale). Second-floor office suite with a separate private entrance, currently partially 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. Per deed, property includes 518 & 520-522 N Charles Street. SDAT lists as 518 & 520 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.
Full Property Details
Full Property Details for 518 N Charles St
General
- Price: $2,400,000
- Taxes: $19,416 (2024)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2174846
- Updated: 12/17/2025
- Added to Site: 237 day(s) ago
Business
- Business Type: Other/General Retail, Parking Lot, Restaurant/Bar, Ot
Interior
- Flooring: Carpet, Hardwood
Parking
- Total Spaces: 30
- Parking Features: Paved Parking, Private, Unassigned
- Parking Type: Parking Lot
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: Please use GPS
- Location Details: Urban
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Other
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Stories/Levels: 3
- Building Size: 8760
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City, Street
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,650
- Lot Size Source: Assessor
- Zoning: OR-2
Financial Considerations
- Price Per Sq. Ft.: $273.97
- For Lease: Yes
- Assessment Year: 2025
- City/TownTax: $18,494
- City/TownTax Freq: Annually
- County Tax: $921
- County Tax Freq: Annually
- Tax w/Assessment: $950,300
- Tax Amount: $19,416
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Restaurant Tables and chairs
- Investment: Yes
- Lot Number: 16
Listed by Monument Sotheby's International Realty, Maja Likakis
Get Pre-Approved Today
Schools
Schools serving 518 N Charles St
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
The Historic Samuel Coleridge-Taylor Elementary School 507 West Preston Street, Baltimore, MD 21201 | PK-5 | 0.5 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 0.8 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 1.9 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 0.9 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 1.3 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 1.4 mi |
Digital Harbor High School 1100 Covington Street, Baltimore, MD 21230 | 9-12 | 1.4 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 2.4 mi |
Edmondson-Westside High School 501 North Athol Avenue, Baltimore, MD 21229 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 N Charles St
Date
Details
Price
Change
Source
7/08/2025
Listed
$2,400,000
6.67%
MLS
1/02/2025
Sold
$2,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 518 N Charles St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,404
—
$950,300
16%
2023
$16,404
—
$822,700
18%
2023
$16,404
22%
$695,100
22%
2022
$13,393
—
$567,500
—
2021
$13,393
-2%
$567,500
-2%
2020
$13,637
2%
$580,600
3%
2019
$13,351
3%
$565,733
3%
2018
$13,000
3%
$550,867
3%
2017
$12,650
1%
$536,000
1%
2016
$12,510
—
$532,633
1%
2015
$12,491
—
$529,267
1%
2013
$12,516
—
$525,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 N Charles St
518 N Charles Street, Baltimore, MD 21201 (MLS# MDBA2174846) is a Commercial Service property. 518 N Charles Street is currently listed for $2,400,000 and was received on July 08, 2025. Want to learn more about 518 N Charles Street? Do you have questions about finding other Commercial Service real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

