Property summary
This remarkable 4,556 square foot former church, constructed in 1870, presents a unique investment opportunity in Theresa, NY's business district. The property boasts exceptional historical character, meticulously maintained throughout. Features include a striking brick facade, a concrete-covered entryway, and stunning original wood cathedral ceilings. Large stained-glass windows bathe the interior in natural light, adding to the building's inherent charm. The main sanctuary offers a vast open space with vaulted ceilings and seating capacity for approximately 120 people. Additional rooms are available, including a former nursery, office space, and a classroom. A half-bath is conveniently located on the main floor. Pull-down stairs provide access to valuable storage space in the upper level. The property includes a substantial stone parking area, easily accommodating 20 or more vehicles. Recent upgrades include a metal roof (installed within the last 8 years) and two new furnaces (installed within the last 3 years). Baseboard heating has been installed in the nursery area. This property is situated on a 0.26-acre lot and is priced below its assessed value, making it an attractive proposition for a wide range of commercial ventures. The building's size, location, and historical significance offer endless possibilities for adaptive reuse.
Property profile
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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