Rare Iconic 4 Star Bethesda Church
Institutional Quality 4 Star Church Adjacent To Washington, DC's Wealthiest Neighborhood
Marketing description
This iconic, instututianal four star church property sits in one of Maryland's wealthiest neighborhoods...just a block from DC's wealthiest neighborhood (Spring Valley). This 28,700 sf church is one of only six churches in all of Maryland rated 4 stars by Costar (and the only one in Montgomery County). The property sits on 2.135 acres of R-60 zoned land, and there is redevelopment potential. Cell tower equipment in the steeple brings in $84k per year. There has also been a Montessori school in the property for many years. That lease also brings in $84k per year.
Investment highlights
SIGNIFICANT PRICE REDUCTION! This iconic, institutional four star church property sits in one of Maryland's wealthiest neighborhoods...just a block from DC's wealthiest neighborhood (Spring Valley). This 28,700 sf church is one of only six churches in all of Maryland rated 4 stars by Costar (and the only one in Montgomery County). The property sits on 2.135 acres of R-60 zoned land, and there is redevelopment potential. Cell tower equipment in the steeple brings in $84k per year. There has also been a Montessori school in the property for many years. That lease also brings in $84k per year. The church is also in negotiations with a solar company to install equipment that would zero out the utility costs for the property.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
