SOLD | Church, School, & Parsonage | Violetville UMC
Price: $699,000
Acreage: 0.45 acre
Address: 3646 Coolidge Ave
Baltimore, MD
County: Baltimore City
Description:
The former Violetville United Methodist Church sits on a parcel of just under half an acre. The parcel includes the two-level stone church, built circa 1923; the two-level school wing, built in 1959, and the four-level parsonage, believed to have been built in the 1920s. The sanctuary seats approximately 200 in pews, with an overflow area, which includes wooden room dividers. There is a small narthex, a sitting room, and a room that connects the church to the school wing. There is a large hall in the basement, currently unused because of water penetration. The school wing offer numerous meeting and classrooms, along with a commercial-style kitchen and a large multipurpose room currently configured as a chapel. There is a tenant using the school wing, and their chattels will not convey. Both the church and school are heated by oil-fired boilers; however the church boiler is not operational. Located near the city/county line in Violetville, near St. Agnes Hospital, the property backs to Violetville Park, and has easy access to Wilkens Avenue and I-95. There is on-street parking along Joh and Coolidge Avenues.
There is no option to lease. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is. Owner financing may be available for a full-price offer. 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 provide an informal email including the following: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, intended use, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent. Some chattels will convey.