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Vacant Building

Takoma Park Church

322 Ethan Allen Ave, Takoma Park, MD 20912

Listing Price: $2,995,000

Cap Rate
7.00%
Gross SF
7,882
Price/Gross SF
$379.98
Number of Suites
2

Investment Overview

Marcus & Millichap is pleased to exclusively represent the owner in the sale of a 6,076 SF church located at 322 Ethan Allen Avenue, Takoma Park, MD, and an accompanying 1,806 SF parsonage located at 320 Ethan Allen Avenue, Takoma Park, MD. This unique property sits in the vibrant community of Takoma Park, just seven miles from Washington, D.C., 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 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.

Adjacent to the church, the parsonage includes four bedrooms and two bathrooms, offering comfortable accommodation for the church's priest or other staff members.The church and parsonage are 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.

Investment Highlights

  • 6,076 SF Church including a 200-Seat Sanctuary | ADA Compliant |A 4 BR/2BA 1,800 + SF Parsonage Adjacent to this Church is Included
  • 70 Parking Spaces on this 1.45 Acre Parcel
  • Recent Improvements: Roof, Windows, and Central Air Conditioning
  • Ideal for a Church, Daycare, Non-Profit Agency, or a Developer for Residential Development (7 lots)
  • Minutes away from the Washington DC line, the University of Maryland, College Park, and Downtown Silver Spring
  • 8 Blocks from the Takoma Park Metro Station and two Miles From the Marc and Silver Spring Metro Station.

Exclusively Listed By

Vacant Building

Takoma Park Church

Listing Price: $2,995,000

Cap Rate
7.00%
Gross SF
7,882
Price/Gross SF
$379.98
Number of Suites
2

Investment Highlights

  • 6,076 SF Church including a 200-Seat Sanctuary | ADA Compliant |A 4 BR/2BA 1,800 + SF Parsonage Adjacent to this Church is Included
  • 70 Parking Spaces on this 1.45 Acre Parcel
  • Recent Improvements: Roof, Windows, and Central Air Conditioning
  • Ideal for a Church, Daycare, Non-Profit Agency, or a Developer for Residential Development (7 lots)
  • Minutes away from the Washington DC line, the University of Maryland, College Park, and Downtown Silver Spring
  • 8 Blocks from the Takoma Park Metro Station and two Miles From the Marc and Silver Spring Metro Station.

Investment Overview

Marcus & Millichap is pleased to exclusively represent the owner in the sale of a 6,076 SF church located at 322 Ethan Allen Avenue, Takoma Park, MD, and an accompanying 1,806 SF parsonage located at 320 Ethan Allen Avenue, Takoma Park, MD. This unique property sits in the vibrant community of Takoma Park, just seven miles from Washington, D.C., 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 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. Adjacent to the church, the parsonage includes four bedrooms and two bathrooms, offering comfortable accommodation for the church's priest or other staff members.The church and parsonage are 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.

Exclusively Listed By

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