Description
317 N. Charles Street comprises a four story in-line storefront building ready for renovation or full redevelopment. Located in the heart of Downtown Baltimores Central Business District just south of Mount Vernon, the property is situated in one of the highest exposure and most significant commercial and cultural areas in the City. The building has been mostly gutted, contains 12,375 square feet of gross building area on six existing levels. With a C-5 Downtown Zoning district, options for future use abound and include retail, office, multifamily or mixed-use. Being within an Opportunity Zone, development of the site retains an array of tax incentives. The building itself has the provenance many developers would seek, having been originally built and occupied by the Lycett Stationers Company, subsequently Downs Stationers, whose history dated back to the 1830s. That history is included within the propertys designation on the Maryland Inventory of Historic Properties. The auction provides an opportunity to develop a piece of Baltimore City history along Baltimores primary commercial and cultural north-south artery.
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Description
317 N. Charles Street comprises a four story in-line storefront building ready for renovation or full redevelopment. Located in the heart of Downtown Baltimores Central Business District just south of Mount Vernon, the property is situated in one of the highest exposure and most significant commercial and cultural areas in the City. The building has been mostly gutted, contains 12,375 square feet of gross building area on six existing levels. With a C-5 Downtown Zoning district, options for future use abound and include retail, office, multifamily or mixed-use. Being within an Opportunity Zone, development of the site retains an array of tax incentives. The building itself has the provenance many developers would seek, having been originally built and occupied by the Lycett Stationers Company, subsequently Downs Stationers, whose history dated back to the 1830s. That history is included within the propertys designation on the Maryland Inventory of Historic Properties. The auction provides an opportunity to develop a piece of Baltimore City history along Baltimores primary commercial and cultural north-south artery.
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