COMING SOON | Large Religious Complex in Montgomery County
Price: $4,500,000
Acreage: 3 acres
Gaithersburg, MD
Description:
More information coming soon! Property will be on the market in early June.
This large religious complex includes a sanctuary, chapel, social hall, commercial kitchen, offices, meeting rooms, and classrooms.
The first phase of the complex, built in 1979, offers an attractive porte cochere entrance, with security doors opening into a bright lobby, with decorative windows onto the reception desk and administrative offices. Also included in the first phase is a spacious office ideal for leadership, a large multi-purpose space with a room divider, currently configured as a chapel and conference room. Through the lobby is the social hall, kitchen, library, four classrooms, and restrooms. High ceilings and custom clerestory windows make the social hall a unique and appealing space for ministry and celebration. The fully-outfitted commercial kitchen can handle food prep for large functions, and includes a gas range, convection oven, grease trap, and preparation surfaces (the dishwasher requires repairs). Adjacent to the kitchen is an area originally designed for a walk-in fridge/freezer (now storage), and a loading dock with electrical hook-up for catering trucks.
Phase two of the complex, built in 1991, comprises 9270 SF and offers a spacious sanctuary, gift shop (currently storage), a multi-purpose space, and a large storage room. What makes this worship space extraordinary is its expandability. The sanctuary, as currently configured, seats 385 in stadium-style seating, and to expand the sanctuary for another 183 seats, simply collapse the room divider. At the height of its use, the sanctuary was regularly expanded to encompass the multi-purose room and the social hall -- creating seating for over 600.
Property Highlights
- Price: $4.5mil | $244psf.
- Size: ±18,423 SF.
- Acreage: ±3-acre lot.
- Zoning: R-200.
- Parking: striped for 98 vehicles. (See parking easement.)
- Frontage: 266 feet on Apple Ridge Rd.
- Foundation: concrete on slab.
- HVAC: electric forced air heat/AC; supplemental window units. (One roof unit non-operational.)
- Flat roof: TPO and newer EPDM replacement.
- Shingle roof: original shingles replaced this year in May.
- Electric: four 400-amp panels and one 225-amp panel.
- Fire suppression: sprinkler system.
- Security: camera system, display monitors, and entry doorbell.
- Taxes: exempt religious; water quality protection, and solid waste.
- Tenants are on a month-to-month basis.
Sample Mortgage Terms
- Sale price: $4,500,000
- 25% down: $1,125,000
- Loan amount: $3,375,000
- Interest rate: 6%
- Amortization: 20 years
Monthly payment of $24,180
* * These figures are for illustrative purposes only. Your lender may offer different terms.
Attachments
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Broker: Barb Bindon