1107 Delaware Ave SW - Second Union Baptist Church 3,049 SF Specialty Building Offered at $3,329,328 CAD in Washington, DC 20024
INVESTMENT HIGHLIGHTS
- Located approx 3 blocks from SW Waterfront Metro in one direction, and Nat's Park Metro Station in the other direction.
- Prime location for a church Mission Field, or with the proposed Zoning change from RA-1 to MU-10 unlimited possibilities.
- Located less than 1 Block off of M St SW, this area is about to undergo a total "make-over" encompassing nearly 10 acres!
EXECUTIVE SUMMARY
Days on Market is misleading. The property has been repeatedly under contract since the initial listing. Multiple developer offers received above the asking price. The city slowed the pace of the redevelopment during the COVID Pandemic, and has been slow to catch up on its plan. However, the plan is still firmly in place. This will become a beautiful and highly desirable model neighborhood. It will be very attractive for a church that has or desires to have a thriving inner-city ministry.
PROPERTY FACTS
| Price | $3,329,328 CAD |
| Price Per SF | $1,091.94 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Lot Size | 0.08 AC |
| Building Size | 3,049 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 2.3/1,000 SF |
1 of 1
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (90)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 0594-0833 | Improvements Assessment | $252,266 CAD |
| Land Assessment | $560,949 CAD | Total Assessment | $813,215 CAD |
CONTACT
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Robert Fields - GREGORY FIELDS REALTY LLC
