2 N Charles St | Baltimore, MD 21201
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2 N Charles St
Baltimore, MD 21201
The B&O Railroad Company Building · Office Property For Sale
Investment Highlights
- Located near multiple avenues of public transportation.
Executive Summary
78% leased
Office WALT: 5.85 Years
Retail WALT: 4.25 Years
State of Maryland credit
Anchored by Franklin & Prokopik for over 20 years, recently executing a fresh lease extension
Immediate value-add opportunity to backfill the vacant retail unit & remaining office space
Shares an address with the historic B&O Building, now Hotel Monaco, a classic hospitality staple within Downtown Baltimore
The shared hotel lobby provides tenants, hotel guests, and clients a remarkable entry way with irreplaceable marble staircases & Tiffany glass windows, paired with exclusive elevator access separate from the hotel’s floors
The B&O building offers an upscale dining establishment known as B&O American Brasserie, an enticing restaurant easily accessible from the hotel lobby for all meals of the day
The Hotel Monaco attracts tenants and guests to its amenity rich environment with 24 hour fitness center, conference space, and a coffee lounge.
Office WALT: 5.85 Years
Retail WALT: 4.25 Years
State of Maryland credit
Anchored by Franklin & Prokopik for over 20 years, recently executing a fresh lease extension
Immediate value-add opportunity to backfill the vacant retail unit & remaining office space
Shares an address with the historic B&O Building, now Hotel Monaco, a classic hospitality staple within Downtown Baltimore
The shared hotel lobby provides tenants, hotel guests, and clients a remarkable entry way with irreplaceable marble staircases & Tiffany glass windows, paired with exclusive elevator access separate from the hotel’s floors
The B&O building offers an upscale dining establishment known as B&O American Brasserie, an enticing restaurant easily accessible from the hotel lobby for all meals of the day
The Hotel Monaco attracts tenants and guests to its amenity rich environment with 24 hour fitness center, conference space, and a coffee lounge.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
65,452 SF
Building Class
B
Year Built/Renovated
1906/2009
Percent Leased
78%
Tenancy
Multiple
Building Height
13 Stories
Typical Floor Size
14,399 SF
Slab To Slab
10’
Building FAR
2.50
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
C-5 - Downtown District
Amenities
- Atrium
- Banking
- Conferencing Facility
- Fitness Center
- Property Manager on Site
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 04-10-0601-001 | Improvements Assessment | $13,704,110 CAD |
| Land Assessment | $6,378,850 CAD | Total Assessment | $20,082,960 CAD |
PROPERTY TAXES
Parcel Number
04-10-0601-001
Land Assessment
$6,378,850 CAD
Improvements Assessment
$13,704,110 CAD
Total Assessment
$20,082,960 CAD
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