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2 E Mount Vernon Pl

24,000 SF Specialty Building Offered at $600,000 in Baltimore, MD 21202

Investment Highlights

  • One of Baltimore's most iconic churches
  • Fellowship hall, large multipurpose room, music hall, kitchen, chapel
  • ±900-seat sanctuary

Executive Summary

09.19.24 NO ADDITIONAL OFFERS WILL BE CONSIDERED. Your congregation's next home could be one of Baltimore's most iconic churches, Mt. Vernon Place United Methodist. This beautiful Norman-Gothic house of worship is located in the heart of historic Mt. Vernon -- adjacent to the Washington Monument and across the plaza from the Peabody Institute. The church is approximately 24,000+ SF on two levels, excluding the basement level. The ±900-seat main sanctuary boasts a balcony, handcrafted pews, ornate stained-glass windows, and an elaborate ceiling and plasterwork. The organ is an MP Moller Opus R-524, with 2600 pipes, installed in 1956 (needs servicing). Behind the sanctuary is the chapel, with seating for ±40. On the upper level is Davis Hall, a large multi-purpose room with a capacity of ±250. In the lower level is a full-size fellowship hall, currently built-out as a child care facility, a large commercial kitchen, and storage. Heat is provided by a boiler; cooling includes ceiling fans and window units (no central air). Recent repairs include plumbing and slate roof; the property suffers from deferred maintenance. As a component of the purchase price -- which has been significantly reduced -- the purchaser will be asked to accommodate a lease to allowing sufficient area for the current Mt. Vernon Place United Methodist congregation of ±25 to hold weekly worship, and maintain a Pastor's office, a counseling office, and storage of materials in the church. The lease term will be 7 years, with 7 renewal periods. The church is a nationally-registered historic site, zoned OR-2. Owner financing may be available for a buyer who wishes to use the property as a house of worship. See PraiseBuidings.com for financing terms. No showings prior to open house. The daycare will be excluded from the open house tours. Participants must sign-in at the door. Please visit PraiseBuildings.com to download documents. ***Open house Sunday, July 21, 2 - 4pm*** Offers due Sep 17, 2024. Please email agent to request term sheet.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $600,000
Price Per SF $25
Sale Type Owner User
Property Type Specialty
Property Subtype Religious Facility
Lot Size 0.31 AC
Building Size 24,000 SF
No. Stories 3
Year Built 1872

Amenities

  • Bus Line
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-11-0526-010
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$3,338,500 (2023)

zoning

Zoning Code OR-2
OR-2
  • Listing ID: 32374085

  • Date on Market: 7/7/2024

  • Last Updated:

  • Address: 2 E Mount Vernon Pl, Baltimore, MD 21202

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