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519-521 N Charles St
Baltimore, MD 21201

The Monument Suites · Property For Rent

HIGHLIGHTS

  • Prime Mount Vernon location, just 1/2 block from the Washington Monument
  • Convenient access to Baltimore Penn Station, I-83, and local transit
  • High foot traffic area surrounded by restaurants, shops, and cultural attractions
  • Ideal for businesses seeking a dynamic, well-connected neighborhood

PROPERTY OVERVIEW

519-521 North Charles Street consists of two interconnected buildings, offering a combined total of over 17,000 square feet of versatile space. The commercial suites are customized by tenants to suit their individual needs, with some tenants leasing multiple suites. The property currently hosts a diverse mix of businesses, including three salons, two offices, one large retail space, and one vacant suite. Additionally, there is one apartment on the premises. Several suites feature kitchenettes, and all have half baths, with one suite equipped with a stand-up shower. A notable tenant, Paris West Optical, has been in business for 65 years and has called this building home since 2006. Their current lease runs through 2033. 519-521 North Charles Street demonstrates strong stability with long-term tenants like East Coast Asset Group (since 2008) and All Pro Glass (since 2007). The salons are equipped with shampoo bowls and pedicure stations, providing complete setups for beauty services. Some of the top-floor offices feature a loft-style design, adding a unique and appealing touch to the workspaces. The property maintains a high occupancy rate, with only one unit currently vacant. Recent tenants, including Tre’Amor Studio LLC (since May 2023) and Focus Advertising & Marketing, Inc. (since November 2023), indicate ongoing attractiveness. The average length of tenancy is approximately 8.42 years, further highlighting the property’s stability. The spacious 1-bedroom with den apartment is located on the top floor and includes a combination washer/dryer for the tenant’s convenience. The kitchen is equipped with durable laminate cabinets and counters, as well as a 24? electric range. The bathroom features a wall-mounted sink and a steel tub with a ceramic tile tub surround. The apartment also has new, easy-to-clean laminate flooring. ount Vernon is an ideal location for commercial tenants and investors, boasting impressive accessibility and significant cultural landmarks. The area features a “Walker’s Paradise” score of 99 and a “Rider’s Paradise” score of 100, ensuring excellent transit options for employees and clients. Baltimore Penn Station, just a few blocks away, serves as the city’s main rail hub with Amtrak and MARC train services. The ongoing redevelopment of Penn Station aims to accommodate new commercial ventures and improve high-speed rail connections, positioning Baltimore as a premier stop for travelers and enhancing the neighborhood’s economic growth. The strategic location offers easy access to major highways, with I-83 just two blocks north and I-95 less than 15 minutes away, providing convenient travel options for business operations. The area is also surrounded by cultural attractions such as The Walter’s Art Museum and Meyerhoff Symphony Hall, along with upscale dining options on Saint Paul Street and Charles Street, making it an attractive location for businesses looking to benefit from the vibrant and bustling environment.

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1915/1980
Number of Floors
3
Building Size
17,000 SF
Building Class
B
Typical Floor Size
5,667 SF
Unfinished Ceiling Height
10 ft
Parking
5 Surface Parking Spaces
Covered Parking
  • Listing ID: 33202416

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 519-521 N Charles St, Baltimore, MD 21201

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