2025 N Charles St - Service Station FOR SALE


Baltimore, MD 21218
$950,000 USD
410-303-2630
2025 N Charles St, Baltimore, MD for Sale
$950,000 USD
Service Station - FOR SALE
1/4
null | Request Cap Rate

2025 N Charles St
Baltimore, MD 21218


HIGHLIGHTS

  • Signalized corner location at N. Charles Street and E. 21st Street
  • Multiple forms of ingress and egress to the site
  • Investment opportunity with redevelopment potential
  • Lack of gas and convenience store competition in the area

OVERVIEW

The property located at 2025 N. Charles Street in Baltimore, Maryland, is a prime investment opportunity featuring a .351-acre lot with a 602-square-foot, active, income-producing gas station equipped with four pumps. The property is currently under a 5-year lease term, with a base rent of $87,516.45 per year, and includes 5% annual rent increases. Situated at a signalized corner on N. Charles Street and E. 21st Street, the site offers excellent accessibility with multiple points of ingress and egress. Additionally, the location presents redevelopment potential, with minimal competition from other gas and convenience stores in the surrounding area.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$1,796 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C-2

APN/PARCEL ID

12-08-3809-009

ASK ABOUT THIS PROPERTY

Henry DefordMacKenzie Commercial Real Estate Services, LLCMore Info
410-303-2630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Henry DefordMacKenzie Commercial Real Estate Services, LLCMore Info
410-303-2630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.