13801 Oldtown Rd - Churches FOR SALE


Oldtown, MD 21555
$209,000 USD
866-910-5263
13801 Oldtown Rd, Oldtown, MD for Sale
$209,000 USD
Churches - FOR SALE
1/14
null | Request Cap Rate

13801 Oldtown Rd
Oldtown, MD 21555


HIGHLIGHTS

  • Attractive stone church -- would make a lovely home.

OVERVIEW

Built in 1949, this nearly 3000-sf stone church has an upper-level entrance foyer and a well-maintained sanctuary with pew seating for approximately 100. Interior stairs connect the sanctuary to the lower level, which includes a hall, kitchen, restrooms, furnace room, and storage. There are exterior access points to the lower level but no ADA-compliant access. The building is heated by a fuel oil-fired furnace, which has been operational throughout the winter season. There is also central air, but the system's condition is unknown. There are no apparent roof leaks, but observation from the exterior shows some loose/missing shingles. Public records indicate public sewer, but this should be verified with the county. Water is purchased from a neighbor. It is unknown whether a well can be drilled on the property; please inquire with the county. Except for the shed in the rear yard, most chattels convey with the sale. The property sale includes two parcels: 1) improved parcel of ±1 acre, and a vacant parcel (to the east) of ±0.19 of an acre (not buildable). While the property is turnkey, some updates and repairs should be expected. Zoning is GU (General Urban), which supports residential and some non-residential uses. Please download the table on this page or call the county. To schedule a tour, please have your real estate professional book through ShowingTime. There is no option to lease the building. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is; seller will make no repairs. Owner financing may be available for a full-price offer. Commercial loan terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. To submit an LOI, please request a term sheet. The seller has its own commercial purchase agreement and its own closing agent. Buyer to pay all closing costs excluding seller agent commission. There is no seller concession for buyer agent fees. This is a commercial sale.

FOR SALE DETAILS

PRICE

$209,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mt Tabor Methodist Church

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,527 SF

ZONING

GU

APN/PARCEL ID

16-007293,16-018740

ASK ABOUT THIS PROPERTY

Barb BindonMaryland Land/ PraiseBuildingsMore Info
866-910-5263

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Barb BindonMaryland Land/ PraiseBuildingsMore Info
866-910-5263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.