3301 E Monument St - Specialty FOR SALE


Baltimore, MD 21205
$349,000 USD
866-910-5263
3301 E Monument St, Baltimore, MD for Sale
$349,000 USD
Specialty - FOR SALE
1/28
null | Request Cap Rate

3301 E Monument St
Baltimore, MD 21205


HIGHLIGHTS

  • Affordable turnkey property
  • Seller financing for a full-price offer
  • Visible corner location on public transit route

OVERVIEW

Built in 1922, St. Matthews United Methodist Church is ideal for a small and growing congregation. The building includes two levels of ±1775 SF each. On the upper level is the sanctuary and office. The lower level includes a hall, large kitchen, and restrooms. The exterior yard is fenced and offers greenspace for outdoor events. Cooling is provided by window units, and heating is a gas-fired boiler. Though it could use some updates, the property is turnkey. Located in the Ellwood Park neighborhood, on the corner of N Bouldin and E Monument, the church is highly visible and on a public transit route. Seller financing may be available with a full-price offer for a purchaser who intended to use the property as a house of worship. Terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon; terms are non-negotiable. There is no option to lease. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. Some chattels will convey with the sale. To submit an LOI, please complete a term sheet, which will request the following information: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, intended use, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent. Please contact agent with any questions.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former St. Matthews United Methodist Church

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

26-20-6153-001

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.