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1107 Delaware Ave SW - Second Union Baptist Church 3,049 SF Specialty Building Offered at $2,400,000 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. Please take a few moments to review the attached documents. This property is situated in the heart of the city's attractive redevelopment plan. And therefore, a near-perfect mission field for a church that has or desires to have a thriving inner-city ministry.
Please contact Listing Broker for more details : Robert Fields (240) 350-0100
Please contact Listing Broker for more details : Robert Fields (240) 350-0100
PROPERTY FACTS
| Price | $2,400,000 | Lot Size | 0.08 AC |
| Price Per SF | $787.14 | Building Size | 3,049 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1952 |
| Property Type | Specialty | Parking Ratio | 2.3/1,000 SF |
| Property Subtype | Religious Facility | ||
| Zoning | RA-1 | ||
| Price | $2,400,000 |
| Price Per SF | $787.14 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| 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 |
| Zoning | RA-1 |
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Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 0594-0833 | Improvements Assessment | $208,610 |
| Land Assessment | $394,340 | Total Assessment | $602,950 |
PROPERTY TAXES
Parcel Number
0594-0833
Land Assessment
$394,340
Improvements Assessment
$208,610
Total Assessment
$602,950
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Presented by
GREGORY FIELDS REALTY LLC
1107 Delaware Ave SW - Second Union Baptist Church
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