Special Purpose Properties for Sale

Special purpose properties stand out in the commercial real estate market due to their unique designs and specialized functionality. These properties are custom-built for a specific use, such as religious buildings, theaters, schools, or healthcare facilities, making them a perfect fit for niche markets. Whether you need a state-of-the-art medical clinic or a performance-ready theater, these properties are crafted with the precise features required for seamless operation.

Investing in a special purpose property offers businesses and organizations an opportunity to secure a space that aligns perfectly with their needs. From industrial facilities with tailored configurations to community centers that foster local engagement, these properties cater to a wide range of industries. However, repurposing these spaces can be challenging, making it crucial to work with experts who understand their market dynamics.

Special Purpose Properties for Sale

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5144 Massachusetts Ave, BETHESDA

$12,995,000

↓ $2,000,000

5144 Massachusetts Ave, BETHESDA

0 Beds 0 Baths 28,700 SqFt Commercial Sale MLS® # MDMC2218240

The Langert Commercial Group LLC

117 Elm Ave, TAKOMA PARK

$11,500,000

↓ $1,000,000

117 Elm Ave, TAKOMA PARK

0 Beds 0 Baths 37,620 SqFt Commercial Sale MLS® # MDMC2181186

Serhant

5001 Backlick Rd, ANNANDALE

$10,500,000

↓ $1,500,000

5001 Backlick Rd, ANNANDALE

0 Beds 0 Baths 5,444 SqFt Commercial Sale MLS® # VAFX2120992

Samson Properties

38600 Little River Tpke Tpke, MIDDLEBURG

$9,000,000

38600 Little River Tpke Tpke, MIDDLEBURG

0 Beds 0 Baths 15,500 SqFt Commercial Sale MLS® # VALO2119982
43181 Amberwood Plz, CHANTILLY

$8,975,000

43181 Amberwood Plz, CHANTILLY

0 Beds 0 Baths 9,888 SqFt Commercial Sale MLS® # VALO2107266

Serafin Real Estate

14001 Harpers Ferry Rd, HILLSBORO

$7,500,000

14001 Harpers Ferry Rd, HILLSBORO

0 Beds 0 Baths 10,000 SqFt Commercial Sale MLS® # VALO2107320

Hunt Country Sotheby's International Realty

3464 Annandale Rd, FALLS CHURCH

$4,700,000

↑ $200,000

3464 Annandale Rd, FALLS CHURCH

0 Beds 0 Baths 16,000 SqFt Commercial Sale MLS® # VAFX2281356

Champion Realty Investment

N/A, ROCKVILLE

$4,650,000

↑ $1,650,000

N/A, ROCKVILLE

0 Beds 0 Baths 21,296 SqFt Commercial Sale MLS® # MDMC2231688

Foundry Commercial, LLC

38593 Daymont Ln, WATERFORD

$3,950,000

38593 Daymont Ln, WATERFORD

0 Beds 0 Baths 14,000 SqFt Commercial Sale MLS® # VALO2126178

Pearson Smith Realty, LLC

5315 Backlick Rd, SPRINGFIELD

$3,785,000

5315 Backlick Rd, SPRINGFIELD

0 Beds 0 Baths 7,524 SqFt Commercial Sale MLS® # VAFX2310622

Arlington Realty, Inc.

8609 Greenwood Ave, TAKOMA PARK

$3,500,000

↓ $350,000

8609 Greenwood Ave, TAKOMA PARK

0 Beds 0 Baths 5,680 SqFt Commercial Sale MLS® # MDMC2139102

Long & Foster Real Estate, Inc.

653 11th St Ne, WASHINGTON

$3,500,000

↓ $1,500,000

653 11th St Ne, WASHINGTON

0 Beds 0 Baths 4,875 SqFt Commercial Sale MLS® # DCDC2267302

Coldwell Banker Realty

 

At CØMPASS, we specialize in connecting buyers and sellers of special purpose properties. Our extensive portfolio features unique spaces that are move-in ready or can be customized to your specifications. Whether you’re looking to acquire or sell a specialized property, we’ll guide you through every step, ensuring maximum value and a tailored solution for your business.

Explore your options today and discover how these unique commercial properties can elevate your operations to the next level.

More about Special Purpose Properties in the DMV

A special purpose property in commercial real estate refers to a property designed and constructed for a specific use that makes it challenging to adapt to other purposes without significant alterations. These properties often cater to niche markets or unique operational requirements.

Examples of Special Purpose Properties:

  1. Religious Buildings - Churches, mosques, and synagogues.
  2. Entertainment Venues - Theaters, amusement parks, and stadiums.
  3. Educational Facilities - Schools, universities, and research labs.
  4. Healthcare Facilities - Hospitals, surgical centers, and specialized clinics.
  5. Transportation Infrastructure - Airports, train stations, and bus depots.
  6. Industrial Properties - Power plants, manufacturing facilities, or warehouses with custom configurations.
  7. Hospitality - Hotels, resorts, and conference centers.
  8. Cultural/Community Spaces - Museums, libraries, and community centers.

Key Characteristics:

  • Limited Marketability: These properties typically appeal to a narrow pool of buyers due to their specialized design.
  • Custom Features: They often include custom construction or layouts (e.g., bowling alleys, ice rinks) that aren't easily convertible to other uses.
  • Valuation Complexity: Appraising these properties can be challenging because comparable sales are rare.

These properties are often valuable to users who need them for their intended purpose, but repurposing can be costly, impacting their market demand.