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Vacant Building

5617 54th Avenue Riverdale MD

5617 54th Ave, Riverdale Park, MD 20737

Listing Price: $5,582,000

Cap Rate
7.77%
Number of Units
1
Gross SF
22,331
Price/Gross SF
$249.97
Number of Suites
1

Investment Overview

Marcus & Millichap is pleased to exclusively represent Redeemed Church of Christ for the sale of 5617 54th Avenue Riverdale MD 20737. This is a distress sale that will require approval by the Bankruptcy court. Redeemed Church of Christ has an equitable interest in this property and has the authority of the court to market this building for sale.

Investment Highlights

  • Three-level 22,300 SF Church Building on 1.21 Acre Parcel
  • An additional 1.54 Acre Parking Pad Conveys with Purchase
  • Zoned-R-10. Ideal Use for Church, Non-profit, School, or Adult Living Center

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Vacant Building

5617 54th Avenue Riverdale MD

Listing Price: $5,582,000

Cap Rate
7.77%
Number of Units
1
Gross SF
22,331
Price/Gross SF
$249.97
Number of Suites
1

Investment Highlights

  • Three-level 22,300 SF Church Building on 1.21 Acre Parcel
  • An additional 1.54 Acre Parking Pad Conveys with Purchase
  • Zoned-R-10. Ideal Use for Church, Non-profit, School, or Adult Living Center

Investment Overview

Marcus & Millichap is pleased to exclusively represent Redeemed Church of Christ for the sale of 5617 54th Avenue Riverdale MD 20737. This is a distress sale that will require approval by the Bankruptcy court. Redeemed Church of Christ has an equitable interest in this property and has the authority of the court to market this building for sale.

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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