A Berkeley congregation has completed its real estate exodus.

Highlands Lutheran Church sold its roughly 14,000-square-foot church at 3995 N. Irving St. last week for $1.48 million, or about $106 per square foot. It had been listed at $1.75 million.

The buyer was Mounashram Inc., a faith-based nonprofit. Attempts to reach the organization were unsuccessful.

Highlands Lutheran, which had been on Irving Street for the past century, moved last year to 7375 Samuel Drive, where it is renting a church from the Rocky Mountain Synod, the regional Lutheran Church organization.

Pastor Samm Melton-Hill said the congregation is still figuring out what to do with the proceeds from the sale, but expects some of the funds to be used for community grants for those in need.

“We’re really excited for what the space will look like for north Denver and hope it continues to be a center part of that community and neighborhood,” Melton-Hill said.

The church building hit the market in October 2023 with the goal of selling quickly, as the congregation had no property manager and upkeep with the space became difficult, according to The McMillan Cos. broker Monnie Elliott, who represented the church along with Dana Crawford.

But a quick turnaround could not come at the expense of the church’s mission, she added, saying it had to be sold to an entity that “would be of service to the community.”

At one point, the property was under contract to a group trying to build a preschool there, but that deal fell through.

“We had a tremendous amount of interest from churches and religious groups … We felt really good about it (the buyer) instead of selling it to someone who would bulldoze it and build two luxury homes on the property,” Elliott said.

Matthew Geiger

Source link

You May Also Like

Scammers prey on teens trying to participate in the city’s youth works program

Mayor Mike Johnston announces budget cuts and changes to Denver’s immigrant programs…

‘Very significant’ cost to repair Brighton’s broken tornado sirens

BRIGHTON, Colo. (KDVR) — The city of Brighton is alerting residents ahead…