322 Ethan Allen Ave - Churches FOR SALE


Takoma Park, MD 20912
$2,300,000 USD
202-536-3745
322 Ethan Allen Ave, Takoma Park, MD for Sale
$2,300,000 USD
Churches - FOR SALE
1/9
null | Request Cap Rate

322 Ethan Allen Ave
Takoma Park, MD 20912


HIGHLIGHTS

  • This ADA-compliant church is 6,076 SF and has a 200-seat sanctuary, a reception hall, a fully equipped kitchen, office space, and 70 parking spaces.
  • The property recently underwent improvements which upgraded the roof, windows, and central air conditioning system.
  • The property is exempt from Historic Preservation regulations, allowing for greater flexibility for development or renovation.
  • The sale includes a 1,806 SF parsonage adjacent to the church providing four bedrooms and two bathrooms.
  • Convenient access to the Metrorail and MARC commuter trains allows a congregation from the greater DMV area to easily reach the property.

OVERVIEW

Marcus & Millichap is pleased to exclusively represent the owner in the sale of a 6,076-square-foot church located at 322 Ethan Allen Avenue, Takoma Park, MD. This unique property sits in the vibrant community of Takoma Park, just seven miles from Washington, DC, offering easy access to the nation's capital while enjoying a more suburban setting. The area is well-connected through Metrorail and MARC commuter trains, ensuring convenient transportation options for the congregation and visitors alike. The church features a 200-seat sanctuary, a large reception hall, fully equipped kitchen, a bathroom, storage rooms, and an office. Recent improvements include a newer roof and windows, as well as central air conditioning throughout. The building is ADA-compliant and equipped with an elevator for easy access to all floors and a ramp through the back entrance. The property includes a parking lot with approximately 70 spaces, providing ample parking for services and events. A four-bedroom, two-bathroom parsonage on-site is not subject to Historic Preservation regulations, providing greater flexibility for future development or renovation. Situated in Montgomery County, the parcels are zoned R-60, allowing for the potential development of seven single-family homes by right, making this property an attractive investment for developers seeking residential or mixed-use opportunities.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$379 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renovated Church with a large sanctuary

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

R-60

APN/PARCEL ID

13-01078663,13-01078674

ASK ABOUT THIS PROPERTY

Sneha ShajiMarcus & MillichapMore Info
202-536-3745

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Sneha ShajiMarcus & MillichapMore Info
202-536-3745

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