5144 Massachusetts Ave
$14,995,000
5144 Massachusetts Ave, Bethesda, MD 20816
12,224 sqft
Building Size
1956
Year Built
Details:
Highlights:
- Days on Market: 12
- Heating: Other
Description:
Rare chance to acquire a premier institutional church property located along one of the most prestigious and historically significant corridors of the Washington, D.C. metropolitan region. The property at 5144 Massachusetts Avenue offers an extraordinary combination of architectural presence, scale, visibility, parking, functionality, and location—features that are increasingly scarce among institutional assets in Bethesda or Northwest Washington. The property generates a total of $14,000/monthly revenue. T-Mobile and Verizon pays $7,000/monthly for cell equipment at the property and Montessori school which is currently month to month pays $7,000/monthly, the school is ready to renew the lease with new ownership.
Suitable for local, national, or international users, the property’s physical characteristics and strategic location make it ideal for religious institutions, private and international schools, diplomatic missions, nonprofits, foundations, and organizations seeking proximity to both affluent residential communities and influential global institutions.
he Washington, D.C. metropolitan area is a globally influential region anchored by government, international policy, medical research, nonprofit leadership, consulting, defense, and professional services. With nearly unmatched economic resilience, the D.C. area consistently performs above national averages during both economic expansions and contractions.
Location
Gallery
