Property summary
This unique 2,575 square foot property in Wittman, MD, presents a compelling investment opportunity. Situated on a 0.52-acre corner lot, the property includes a historic church building and a renovated parish house. The main church building offers a large, open space ideal for various commercial uses, featuring high ceilings, pendant lighting, an entry hall, reception area, and a bathroom/utility room. The parish house, currently gutted, provides ample storage space or could be converted back into living quarters, depending on future needs. A separate smaller building offers additional storage capacity. The property boasts convenient features such as good parking and handicapped accessibility. A recently installed well and a holding tank septic system serve the property. Currently generating a monthly rental income of $793 from parking and small storage building rentals, this property offers significant potential for increased revenue through various commercial ventures. The property's historic character and versatile layout make it an attractive option for a wide range of businesses seeking a unique and functional space in a desirable location. The combination of existing rental income and the potential for further development makes this a strong investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
4 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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