2 E Mount Vernon Pl
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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 |
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Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
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Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts Under Contract
Price | $600,000 | Lot Size | 0.31 AC |
Price Per SF | $25 | Building Size | 24,000 SF |
Sale Type | Owner User | No. Stories | 3 |
Property Type | Specialty | Year Built | 1872 |
Property Subtype | Religious Facility |
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
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
Parcel Number | 11-11-0526-010 | Improvements Assessment | $0 (2023) |
Land Assessment | $0 (2023) | Total Assessment | $3,338,500 (2023) |
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 |
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Maryland Land/ PraiseBuildings
2 E Mount Vernon Pl
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