St. John's Offering Package...
Transcript of St. John's Offering Package...
Offering Memorandum
Offered Exclusively by
Stephen J. Ferrandi Principal
443.574.1430
Josh Habedel Associate
443.574.1407
ST. JOHN’S EPISCOPAL CHURCH
1700 South Road
Baltimore, MD 21209
TABLE OF CONTENTS
I. Executive Summary
II. Property
III. Zoning
IV. Adaptive Repurposing
I. Executive Summary
EXECUTIVE SUMMARY The Offering NAI KLNB has been retained to market the fee simple interest in the former St. John’s Episcopal Church.
Church (excluding rectory): 1700 South Road Ward - 27 Section - 17 Block - 4700A Lot - 001
Located at the corner of South Road and Kelly Avenue in desirable Mt. Washington, the property is steps from restaurants and retail, and just a seven-minute walk to Whole Foods. The property features easy access from the Northern Parkway exit of I-83. It is located four blocks from the Mt. Washington Light Rail stop, and is served by the 27, 58, 60 and 61 MTA bus lines. Offering Price The property – originally offered at $1,300,000 – is now being offered at $899,999.
Property Highlights The property is a turnkey worship facility offering the following: Church
• 240-seat traditional sanctuary with wooden pews, pulpit, altar, and magnificent pictorial stained glass windows.
• 11,164 +/- square-foot building, occupying 26,441 square feet of land.
• 1928 masonry construction, plaster walls, slate roof, quality craftsmanship throughout.
• Large fellowship hall and stage, with adjoining kitchen and storage (folding tables and chairs convey).
• Pastor’s office, secretary’s office, and two additional spaces. • Third-level classroom space and unfinished storage space. • The new boiler system was installed in 2013. • Currently, the building is cooled with ceiling fans and window
units. Air condition installation estimates are available,
Parking Directly across South Road is a large lot that has been made
available free of charge to congregants on Sundays. Parking at other times is street. Should significant parking be needed for a special event, the lot is available at a cost.
II. Property
PROPERTY Sanctuary The traditional sanctuary seats 240+ congregants in wooden pews, and features a large pulpit area with an altar, and choir area. Rear view of main building in bucolic setting.
Sanctuary
Sanctuary The sanctuary boasts a number of perfectly-preserved stained glass windows.
Fellowship Hall Kitchen
Sacristy Classroom Classroom
Floor Plan
SDAT Record (Rectory to be subdivided from property prior to sale)
III. Zoning
ZONING Church The church is zoned R-1-B (single-family residential districts):
• R-1 - maximum 5.9 units per acre allowed. In 1992, the zoning ordinance was amended to create two lower density single-family districts:
• R-1A - maximum 3 units per acre allowed. • R-1B - maximum 2 units per acre allowed.
A portion of Mt. Washington was the first area designated R-1B. Location Map
IV. Adaptive Repurposing
ADAPTIVE REPURPOSING Non-religious Usage Because of its highly-desirable location, interesting design, and the combination of large rooms and offices, the property lends itself to the option of adaptive repurposing. Adapting the building for certain applications could be easily undertaken, pending zoning verification. Potential uses for the space could be the following:
1. Residential condominiums. 2. Artist studio and/or gallery. 3. Boutique retail. 4. Café. 5. Small business offices for creative industries, such as
advertising agencies, public relations firms, and website development companies.
6. Private school. The combination of location and striking architecture make the property a candidate for adaptive repurposing.
The material contained herein is based in part upon information supplied or obtained by NAI/KLNB from sources deemed to be reliable. Summaries contained herein of any legal documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Prospective purchasers shall make their own investigations, projections and conclusions. It is expected that prospective purchasers will conduct their ownindependent due diligence concerning the property, including such engineering inspections and evaluation of market conditions as they deem necessary to determine the condition and value of the property. The material contained in this Offering Memorandum is confidential, furnished solely for the purpose of considering the acquisition of the property described herein,and is not to be used for any other purpose or made available without the express written consent of Stephen J. Ferrandi and NAI/KLNB.