MR 1401 15th Street Retail LLC Acquires Church In Washington DC For $3.25M

A 15,000-square-foot church and parish house located at 1401-1405 15th Street Northwest, Washington, DC, has been sold for $3,250,000. The transaction was executed in a competitive market environment, indicating a notable interest in the property for potential redevelopment opportunities.

Summary of transaction details:

• Property Type: Church
• Transaction Amount: $3,250,000
• Square Footage: 15,000
• Address: 1401-1405 15th Street Northwest
• Market: Washington, DC
• Buyer: MR 1401 15th Street Retail LLC
• Seller: Central Atlantic Conference of the United Church of Christ
• Buyer’s Representative: Danny Brooker & Rich Sillery - Monument Realty
• Seller’s Representative: Benjamin Wilson & Ian Weisz - Greysteel
• Price Per Square Foot: $217

The sale was facilitated by the respective representatives from Monument Realty and Greysteel. Greysteel represented the seller, showcasing the property to a multitude of competitive offers, emphasizing its market appeal for diverse retail uses.