2-8 E Mount Vernon Place
Baltimore, MD, 21202 $ 600,000
Baths0.0 Sq 24,000 Monthly Estimate*
$ 3,593
Studio
for $600,000. This 24,000 square foot building was built in 1900 on a lot size of 0.3.
One of Baltimore's most iconic churches, Mt. Vernon Place United Methodist, is being offered for sale. Built in 1872, 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 over three levels. 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, a small kitchen, storage, a meeting room/classroom, and a large meeting space, currently used for worship. On the upper level is Davis Hall, a large multi-purpose room with balcony -- seating capacity of 250. In the lower level is a full-size fellowship hall, currently built-out as a child care facility (which would require the installation of sprinklers should a daycare wish to operate there in future). There is also a large commercial kitchen, meeting space, 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, and will require a certain amount of repair and maintenance work. As a component of the purchase price -- which has been significantly reduced -- the purchaser will be asked to accommodate a lease allowing sufficient area for the Mt. Vernon Place United Methodist congregation of 25 to hold weekly worship, and maintain a Pastor's office. The lease term will be 7 years, with 7 renewal periods (each 7 years). Additional details are available upon request. This is a sale only: there is no option to lease. The church is a nationally-registered historic site, part of the Mt Vernon Historic District; exterior alterations are not permitted. The property is zoned OR-2. It would be highly unlikely that a developer would be permitted to repurpose the property for residential or most commercial uses. The seller makes no representation regarding condition, zoning, or use. Owner financing may be available for a buyer who wishes to use the property as a house of worship. Ask agent for details on financing terms. Showings available with registration and qualification. Seller will begin reviewing term sheets (offers) September 16, 2024. If you are not represented by an agent, please reqest a term sheet from the listing agent.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Other Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Number of Elevators 0
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GeneralSewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Possession Settlement
Roof Slate
Zoning OR-2
Construction Materials Stone
Exclusions Property of daycare or congregation.
Year Built 1900
Property SubType Special Purpose
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Religious Facility
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name MOUNT VERNON PLACE HISTORIC DISTRICT
Water Access Y/N N
Status ACTIVE
Directions Corner of Charles and Mt. Vernon Pl.
City BALTIMORE
NumberOfUnitsTotal 1
Lot Size Units Square Feet
Lot Size Square Feet 13252.00
Waterfront Y/N N
Tax Annual Amount 65374.0
Property Condition Major Rehab Needed
Price Per Sq Ft Total AG 28.38
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 67
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 11
Tax Lot 010
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ExteriorWater Source Public
Inclusions Some chattels. A list will be finalized.
Type of Parking On Street
Water View Y/N N
Building Area Total 21140.00
Lot Size Acres 0.30
Lot Size Source Estimated
Land Assessed Value 794300.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByPraisebuildings Religious PropertyBroker
stephen@praisebuildings.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,593
- Monthly Property Taxes
- $5,448
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $708,360
Percent of Sale Price 18%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
7/15/2024 | $600,000 | | Listed Price |