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5144 Massachusetts Ave 28,700 SF Specialty Building Offered at $14,995,000 in Bethesda, MD 20816
Executive Summary
Just taken to market: a 28,700 SF church property situated on 2.15 acres, zoned R-60, in an exceptional Bethesda location. The property is architecturally beautiful and benefits from strong interim income.
Montessori School tenant occupies a portion of the premises on a month-to-month lease, generating $7,000/month
Verizon and T-Mobile have cellular equipment located in the steeple, producing an additional ~$7,000/month in combined income
Significant land component and zoning may offer long-term redevelopment or repositioning potential (buyer to verify)
This is a rare opportunity to acquire a high-quality, well-located institutional asset with immediate cash flow and compelling future upside.
Montessori School tenant occupies a portion of the premises on a month-to-month lease, generating $7,000/month
Verizon and T-Mobile have cellular equipment located in the steeple, producing an additional ~$7,000/month in combined income
Significant land component and zoning may offer long-term redevelopment or repositioning potential (buyer to verify)
This is a rare opportunity to acquire a high-quality, well-located institutional asset with immediate cash flow and compelling future upside.
Property Facts
| Price | $14,995,000 | Lot Size | 2.15 AC |
| Price Per SF | $522.47 | Building Size | 28,700 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1956 |
| Property Subtype | Religious Facility | Tenancy | Single |
| Building Class | B | Parking Ratio | 3.48/1,000 SF |
| Zoning | R-60 - Residential with minimum 6,000 sf lot size | ||
| Price | $14,995,000 |
| Price Per SF | $522.47 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 2.15 AC |
| Building Size | 28,700 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Tenancy | Single |
| Parking Ratio | 3.48/1,000 SF |
| Zoning | R-60 - Residential with minimum 6,000 sf lot size |
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Property Taxes
| Parcel Number | 07-00546193 | Improvements Assessment | $2,689,700 |
| Land Assessment | $928,600 | Total Assessment | $3,618,300 |
Property Taxes
Parcel Number
07-00546193
Land Assessment
$928,600
Improvements Assessment
$2,689,700
Total Assessment
$3,618,300
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5144 Massachusetts Ave
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