Religious Property for Sale, Ground Lease, or Joint Venture in Northeast DC

Property Overview

• The property contains 3 religious buildings on 1.97± acres of land in NE Washington DC. The property borders the Maryland line.
• The religious buildings includes three interconnected sections – a sanctuary area, an office area, and a three-story educational wing with a fellowship hall and kitchen on the first floor. There is a playground behind the educational wing.
• A retention pond on the northern end of the property is leased by the District of Columbia and the solar array in the parking lot (covered parking) and on top of the educational wing is leased space.
• The property is located on the hard corner of Varnum Street NE and Eastern Avenue NE. Eastern Avenue NE has a annual daily traffic count of 11,529 vehicles (2022 Count).

The owner is looking for proposals that would allow its use as a church to remain on-site. Creative deal structures to accomplish this are sought, to include but not limited to ground lease, joint venture, owner occupant with shared use.