26121 Frederick Rd - Specialty FOR SALE


Clarksburg, MD 20871
$599,000 USD
866-910-5263
26121 Frederick Rd, Clarksburg, MD for Sale
$599,000 USD
Specialty - FOR SALE
1/40
null | Request Cap Rate

26121 Frederick Rd
Clarksburg, MD 20871


HIGHLIGHTS

  • Religious complex with sanctuary, hall, modulars, and parsonage
  • High-visibility site on Rte. 355
  • Plenty of room for ministry with three separate buildings

OVERVIEW

NEW PRICING*** Located near the Frederick County line on Route 355 in Clarksburg, the former Hyattstown United Methodist Church complex comprises three land parcels, which include a small church with sanctuary and hall, a former parsonage, modular classrooms, and a cemetery. The building that holds the sanctuary and hall is one level, no basement. The sanctuary is simple, well-kept and comfortable, offering pew seating for under 100. The piano and organ convey with the sale. The hall portion of the building (located behind the sanctuary with one access door) includes a multipurpose space currently configured with tables for banquet seating, office space, and a casual seating area. At the north end of the hall are two restrooms and a "wet bar" kitchen. The oil-fired boiler is located in the hall, and there are A/C components on the exterior upper level of the building. There are three access doors -- two for the hall, and one for the sanctuary. The modular (trailer), formerly used as classrooms and meeting space, is spacious and set up for A/C, but does not have restroom facilities. The modular provides an ideal opportunity for additional worship, ministry, and meeting space. Wheelchair accessible. The contents convey with the sale. The former parsonage, which has not been recently used, requires extensive renovation. It is believed that the domestic water lines have been capped off. The parsonage had previously been used for education and youth ministry. It has an unfinished basement and attic, along with two large multipurpose rooms, a storage closet, and a covered porch. The property is located within the historic district (M10-59) of Hyattstown, but has no easements; thus, the property has no historic restrictions, as of 2022. The complex is served by well and septic. According to county information, the property is S-1, and has the ability to connect to the sewer main. Please contact the county or a civil engineer for information on connecting to public sewer. The cemetery shares the same parcel of land as the church, thus conveys with the sale. The buyer's responsibility regarding the cemetery is to permit public access during reasonable times, to keep the grass mowed, and to permit (at no cost to buyer) any remaining scheduled burials. There are burial records, which could be made available to prospective buyers. There is no option to lease. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property sold as is. Owner financing may be available for a full-price offer. Terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. To submit an LOI, please provide an informal email including the following: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent. Buyer to pay all closing costs excluding commission. SAMPLE MORTGAGE TERMS FOR OWNER FINANCING Purchase price: $799,000 30% Deposit: $239,700 Loan amount: $559,300 Interest rate: 7.5% Amortization: 20 years **5-year balloon MONTHLY PAYMENT: $4,505.68 This is an example for illustrative purposes only.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Hyattstown United Methodist Church

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1856

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

R200

APN/PARCEL ID

02-00026037

ASK ABOUT THIS PROPERTY

Barb BindonMaryland Land/ PraiseBuildingsMore Info
866-910-5263

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Barb BindonMaryland Land/ PraiseBuildingsMore Info
866-910-5263

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