Description:

Valued at $7 million for insurance replacement cost, the former Blessed Sacrament Catholic Church is an excellent value for a young and growing congregation.  

Property Details at a Glance:

• Price:  $899,000.
• Gross floor area: 17,272 SF.
• Two levels:  each 8347 SF
• Sanctuary seating for nearly 400.
• Year built:  1921.
• Foundation: concrete.
• Roof:  slate on sloped roof; membrane on flat roof.
• Exterior:  stone.
• Interior: plaster on brick partitions.
• HVAC:  hot water radiators with boiler heating and air conditioning.
• Parking:  street parking.

The ground-floor sanctuary includes a spacious entry foyer (narthex), a sanctuary for approximately 400 (plus a balcony), a sacristy/office, and storage.  The lower level includes a large hall, kitchen, and multipurpose spaces that could be used for classrooms, offices, and meeting spaces.   

The seller will remove certain religious items, and some chattels will remain.  Sold as is.  The seller has its own LOI, contract, and closing agent.  Buyer should compensate its own broker. Please note that housing facility and parking next to the church are not part of the sale.

Sample mortgage data:

• Price:  $899,000
• Deposit: $267,700
• Loan:  $629,300
• Interest rate:  6.5%
• Amortization:  20 years
•   **This is sample data; your lender may use other values.**

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