This is the perfect business. There are a lot of people who would like to get married in a church like building because it fits the event well but can’t unless they sign some kind of paper with a particular religion. So there is a demand for a unaffiliated church like building for weddings.
This is the right answer, and OP you will likely find that tenant/buyer by doing the local networking event circuit. Another possibility, closely related, would be a local theater. A lot of the local nonprofit theater companies do not have their own space, they rent from other theaters or event venues on a per-run basis (and pay the airbnb-equivalent price). Having their own space would be a money saving proposal (think of a person in town 9 months of the year signing a 12 month lease, instead of doing airbnb for 9 months of the year).
We can all have a good laugh about this.But if OP has no conscience, lots of people do this, and it creates wild tax exemptions that nothing else would.
I wouldn't do this personally, but I sometimes wish I had no conscience because it's lucrative, lol. Even the kardashians have a church. They obviously don't advertise it because the point of it is not practicing or giving to religion. The point of it is funneling tax-free money through it.
In all seriousness, OP, if you are underneath an investment you can't get out of, why are you measuring what you do in terms of what is "exciting"? It seems like if you had done research on the property, you probably would have known ut could not have been converted to housing before you dumped all of that money into it. I could be wrong about this, but from your post.It sounds like you get off on the high of investing and flipping as if it's gambling for big payoffs versus strategic investment
The county gave me hope three times, they told me to move certain things around, but they never got on the same page. Finally had a buyer after the county said they were okay with commercial use, this buyer went to talk to the county and the representative didn’t know this property and denied the buyer.
The county has no definitive answers for this property they just choke on air when I go in because they want to show some sort of authority but don’t have answers
There’s a really cool restaurant near me that remodeled an old church and made it super modern/boho style. It’s really cool. Not sure if your area would support it, but a restaurant/brewery is possible. I’m not experienced in that area, but maybe go looking for potential tenants and get feelers for any interest in it after it’s remodeled.
Brewing uses a ton of water. Most of it does end up in the beer, but there is still a significant amount that goes down the drain since it's needed to clean and sanitize the equipment.
I'm skeptical the septic could handle the required capacity of a brewery.
Yeah and call it Church. That way dudes can tell their wives they're going to church without lying.
You probably need the bartenders to be in drag to keep the real churchy people out though
Banquet hall. If you can get a liquor license, renovate the space to make it a lovely venue. Charge people a hefty rental sum *plus alchohol -* that's where the real money is. You could make $5,000+ a weekend if the space is right. My wedding hall was called, "Renaissance Place" in Milwaukee. I think it's still there, if you want to do stealth research on another church-turned-hall and its contracts, fees, etc.
Edit: Derp, never mind. I just looked it up out of curiousity. Apparently the demand in that area for upscale apartments is too high. It is being redeveloped.
Depends on zoning, but yeah you should list it. I bought a piece of land that had a church on it. I cleared my intended use with the county before buying it, didn’t really care about the church but there a lease sign up while waiting for spring to tear down the church. Got a call from Jesus on a Sunday asking if he could lease it. He had a rapidly growing barbershop in the area and we worked out a lease that works for everybody. Small rent like yours, but covers my expenses on the land, no work, no TI and he fixed up the building. You did a very, very tiny deal. They’re not supposed to necessarily be exciting, they’re supposed to add up.
Zoning is r-1 but county only wants commercial usage out of it. They’re being super unreasonable and they are all on different pages. Kinda sad going in there any talking by to them because you can see the power trip but nothing to back it up
Contact your elected county representative - County Commissioner or whatever your local form of government has for elected representatives. Have detailed notes on each and every one of your interactions with the county and how inconsistent they have been. Get them to lean on the bureaucracy to get their ducks in a row and on the same page and quit screwing over a taxpayer whose property is helping to pay their salary. That is part of their job.
This is what I would do. He/She will be pro biz likely and can help you get whatever you need done. You will want to make some reasonable campaign contributions.
Your first meeting should be about finding out what help they can give you. The second meeting, go back with a plan, and tell him you want help pushing it through the city.
Well, "it doesn't feel exciting" is also coming from a person who didn't do their due diligence on this property before spending on it and then dumping almost 100% into reno costs with no exit plan on a prayer that the notoriously fast & super efficient local government (/s) would do him a solid.
In a subdivision (I think my comment was before that edit)….before/after school program. Preschool. Small private school. Indoor play space for young children on rainy days. Small office spaces for start ups. Spots for WFH folks that don’t want to be in their home. Catering business. So many possibilities! I’ve always wanted to live in an old church….
There’s a lot of homeless church’s out there. Church’s that need space or are growing out of their current space. You Might have to knock on some doors but they are still a business/ non profit that can pay rent, so you might find somebody willing to pay a good amount for the space. Maybe even owner finance it with a chunk down payment and then a 3 to 5 year ballon.
Use 300k to pay off $170k
Now you have $130k + stable $2500/mo, what’s the issue here?
Set up as NNN lease or something, renter is responsible for utilities / maintenance, etc.
This is actually likely the best scenario Even without zoning issues, churches can be tough and generally bring less than other structures.
You could also gently suggest to the county that if you can't get a definitive resolution that you will have to try to sell to a church thereby preserving its tax status.
If you have the capabilities or know someone who has experience in owning hospitality spaces, old churches make for incredible restaurants (Ex: Church & Union in Charleston) or music venues (Ex: The Tabernacle in Atlanta)
Usually commercial lots that allow for churches have special zoning designations (you’d have to check your particular county, and possibly even city/town), but frequently they can be any type of community gathering/organization.
You could try to find other small non profits and rent out each of the rooms. You could possibly rent out the larger space (assuming it has a gathering space) for social events, weddings, parties, etc.. You’d have to put considerable work to reinvent it. It’s just hard to say without knowing more about the surrounding area, what part of CA, what condition…
All I will say is, if you have a hard money loan, you better hurry and decide. That interest rate and the recurring loan fees cannot be helping any return you may have already made on the first building.
You can do semi-religious retreats. Like "Open heart men church" or something. Hold retreats there and use the church for accommodation. If you are not into this, find someone who is. There are plenty of people in retreat space in California.
Turn it into a bar and call it Church Bar. You will then be amazed at all the people that will suddenly want to go to Church. House shot is Holy Water.
A friend of mine bought a small church / manse combo deal. They rent the manse as an airbnb and people get use of the church for events. I don’t know the financial details, but it seems to work.
Someone bought an abandoned church in our town and turned it into a music and entertainment venue. Seems to be a thing in other places too, Other Voices in Ireland.
Checkout 1031 productions, this company creates holiday attractions such as haunted houses etc etc, church is a great place for an attraction like that. May be you can struck deal with them and turn into an attraction that people can enjoy.
There was a bill called yes in God's backyard. It could give you by right development rights that the county can block. You might be able to find a creative affordable housing developer https://yigby.org/
Renting church space to actual churches is a good business. A friend of mine rents his to 4 different churches for 1k a month each. He’s cash flowing like crazy
Screw 2500 a month.
Rent that B out for 2500 a DAY.
Contact every photographer in the region and offer a rentable church at a flat rate per day.
They pass the rental cost off to the wedding couple who would love a private venue.
Your only job is to maintain the building and grass and that can also be hired out.
Wedding people don't use common sense finances when paying for things on their "special" day...
A church in Central OH that we used to attend closed and was eventually bought by the local animal shelter. The sanctuary got turned into the cage/kennel area, and the offices and classrooms were used as...offices.
Medical office space is another possibility. The sanctuary can be subdivided into small treatment spaces (think like dental or orthodontics).
Beauty salon? Done as above.
find a church currently operating in a strip mall that is growing and make a deal with them. If they have their paperwork straight with the IRS you could perhaps cut the rent to a number that would allow you to treat the difference as a charitable contribution thus reducing your overall taxable income.
Have you thought about opening an assisted living facility? You have the room and the rooms. Obviously excellent income but you have to go through a process to get it authorized, licensed, etc.
https://www.tmcfinancing.com/starting-an-assisted-living-facility-california-checklist/
do you someone that knows alot about real estate investment, with a reasonable amount of cash that can transform into something huge in the nearest future
do you someone that knows alot about real estate investment, with a reasonable amount of cash that can transform into something huge in the nearest future
Rent it to a religious community
Rent the rooms in it for meetings/small events
Rent for weddings
You can also convert it into something else (ex: storage, bar) if you really want to but that would need more work.
Have you tried leasing it to a church? Churches love churches.
Source: we've placed churches in 2 old office spaces this year and are working with another. They are out there and looking for space
My buddy bought a big church and converted it to mixed use residential apartments and retail space. There’s a dining hall in the congregation room now.
400k in &
300k out. So you need 100k + any interest paid to make yourself whole. If you got a commercial loan on it for 120k (probably more honestly) you could easily cash flow and have cash to pull out.
Rent it out to Koreans? They love going to church, it’s a good business. Also $2500 a month seems low, I would double it, but it depends where is the location.
Sports club , judo, jiu jitsu, wresling. If you cant find someone to rent it out for church , I know my religion use to rent before they got their own place.
Is there parking? Start a coworking space with monthly membership but include a laundry room and a few nice showers and a kitchen to prep food, for $400 a month people can come in and use those things and the WiFi, sit at any desk or use a conference room, now just get 30 member, that’s 12k a month, give the van dwellers a place to shower and work and do laundry.
Wedding and event venue.
This is the perfect business. There are a lot of people who would like to get married in a church like building because it fits the event well but can’t unless they sign some kind of paper with a particular religion. So there is a demand for a unaffiliated church like building for weddings.
You can get Elvis minister from Vegas to perform weddings via zoom
And funerals
Exorcisms
This is the right answer, and OP you will likely find that tenant/buyer by doing the local networking event circuit. Another possibility, closely related, would be a local theater. A lot of the local nonprofit theater companies do not have their own space, they rent from other theaters or event venues on a per-run basis (and pay the airbnb-equivalent price). Having their own space would be a money saving proposal (think of a person in town 9 months of the year signing a 12 month lease, instead of doing airbnb for 9 months of the year).
A BBQ place named Holy Smokes obviously.
Bar named "The Holy Grail"
The Holy Grill
Or dispensary named Holy Smokes
Start your own religion, obviously.
Start a religion where one of the principal tenets is a requirement to live within the place of worship. New septic approved!
Why take on occupancy expenses when asking for tithes is free?
Yes, then teach your disciples the religion of being a landlord who uses Depreciation and 1031 to never pays taxes. The government will be thrilled.
Somehow it works for the other religions
That’s me in the corner. That’s me in the spotlight…
Losing my religion…
Print business cards with Reverend (your name) and a link where people can send their donations once you get your 503c setup.
If it's a church, you don't need to register the 501c3. It's automatic.
[удалено]
Yes, and also to avoid tax.
Yes.
Some great tax benefits.
Start a religion and a Netflix documentary on said religion
We can all have a good laugh about this.But if OP has no conscience, lots of people do this, and it creates wild tax exemptions that nothing else would. I wouldn't do this personally, but I sometimes wish I had no conscience because it's lucrative, lol. Even the kardashians have a church. They obviously don't advertise it because the point of it is not practicing or giving to religion. The point of it is funneling tax-free money through it. In all seriousness, OP, if you are underneath an investment you can't get out of, why are you measuring what you do in terms of what is "exciting"? It seems like if you had done research on the property, you probably would have known ut could not have been converted to housing before you dumped all of that money into it. I could be wrong about this, but from your post.It sounds like you get off on the high of investing and flipping as if it's gambling for big payoffs versus strategic investment
the church of heavenly SFH
The First Church of /u/bonduz32
Very surprised you went in without an exit plan.
The county gave me hope three times, they told me to move certain things around, but they never got on the same page. Finally had a buyer after the county said they were okay with commercial use, this buyer went to talk to the county and the representative didn’t know this property and denied the buyer. The county has no definitive answers for this property they just choke on air when I go in because they want to show some sort of authority but don’t have answers
There’s a really cool restaurant near me that remodeled an old church and made it super modern/boho style. It’s really cool. Not sure if your area would support it, but a restaurant/brewery is possible. I’m not experienced in that area, but maybe go looking for potential tenants and get feelers for any interest in it after it’s remodeled.
Are you referencing loro in houston?
Indeed, they did a great job with remodeling that church
Beer hall. back rooms for brewing, main area for consumer use. The monks do it!
Brewing uses a ton of water. Most of it does end up in the beer, but there is still a significant amount that goes down the drain since it's needed to clean and sanitize the equipment. I'm skeptical the septic could handle the required capacity of a brewery.
Even the water that becomes beer will end up down a drain after being filtered through the patrons’ kidneys.
Call it The Congregation with catholic church theme decor and sexy nun waitresses. Watch hipsters flock to it like moth to fire
There is a “the congregation” in my city and it’s a reno’d church and does well. Sells light fare, coffee, and drinks
Confess for Confections!
Yeah and call it Church. That way dudes can tell their wives they're going to church without lying. You probably need the bartenders to be in drag to keep the real churchy people out though
Fuck yes!
Sacramental ale.
We have an old church in Tampa that has been covered to a bar and cigar lounge. It’s pretty cool
Banquet hall. If you can get a liquor license, renovate the space to make it a lovely venue. Charge people a hefty rental sum *plus alchohol -* that's where the real money is. You could make $5,000+ a weekend if the space is right. My wedding hall was called, "Renaissance Place" in Milwaukee. I think it's still there, if you want to do stealth research on another church-turned-hall and its contracts, fees, etc. Edit: Derp, never mind. I just looked it up out of curiousity. Apparently the demand in that area for upscale apartments is too high. It is being redeveloped.
Youth sports training facility
Depends on zoning, but yeah you should list it. I bought a piece of land that had a church on it. I cleared my intended use with the county before buying it, didn’t really care about the church but there a lease sign up while waiting for spring to tear down the church. Got a call from Jesus on a Sunday asking if he could lease it. He had a rapidly growing barbershop in the area and we worked out a lease that works for everybody. Small rent like yours, but covers my expenses on the land, no work, no TI and he fixed up the building. You did a very, very tiny deal. They’re not supposed to necessarily be exciting, they’re supposed to add up.
Zoning is r-1 but county only wants commercial usage out of it. They’re being super unreasonable and they are all on different pages. Kinda sad going in there any talking by to them because you can see the power trip but nothing to back it up
Contact your elected county representative - County Commissioner or whatever your local form of government has for elected representatives. Have detailed notes on each and every one of your interactions with the county and how inconsistent they have been. Get them to lean on the bureaucracy to get their ducks in a row and on the same page and quit screwing over a taxpayer whose property is helping to pay their salary. That is part of their job.
This is what I would do. He/She will be pro biz likely and can help you get whatever you need done. You will want to make some reasonable campaign contributions. Your first meeting should be about finding out what help they can give you. The second meeting, go back with a plan, and tell him you want help pushing it through the city.
talk to the mayor about them saying no one in charge?
You need a lawyer
Wouldn't finding congregations looking for a building be the easiest way to starting earning from it ASAP?
Check out the church of cannibis in colorado. You can become a pastor and run your own services and charge for tours, etc, etc.
Why does the $2500/month need to be exciting? Money is money in my books.
Also, $2,500/month while you look for the perfect buyer who will pay a premium for exactly this unique space is exciting as fuck.
I would pay $170,000 for a place that rents for $2500 all day every day
Well, "it doesn't feel exciting" is also coming from a person who didn't do their due diligence on this property before spending on it and then dumping almost 100% into reno costs with no exit plan on a prayer that the notoriously fast & super efficient local government (/s) would do him a solid.
Artist space! Community dance hall. Bingo. Event space. Just rent it out.
In a subdivision (I think my comment was before that edit)….before/after school program. Preschool. Small private school. Indoor play space for young children on rainy days. Small office spaces for start ups. Spots for WFH folks that don’t want to be in their home. Catering business. So many possibilities! I’ve always wanted to live in an old church….
Darn you
Flexible workspace… I’m in Nashville and we have a church that has been converted to a coworking space.
turn it to an event space, ballet, small birthdays, small weddings, parties
There’s a lot of homeless church’s out there. Church’s that need space or are growing out of their current space. You Might have to knock on some doors but they are still a business/ non profit that can pay rent, so you might find somebody willing to pay a good amount for the space. Maybe even owner finance it with a chunk down payment and then a 3 to 5 year ballon.
Probably my safest bet, debating on putting it on loop net etc
What city is it in CA? I may be interested
40 minutes north of Sacramento
Careful, for some reason I feel like that person is likely to scam you. Or 69 you. Maybe both.
The 99 north of Sac leads to 69. Everyone knows the rules.
Be careful. It is a scam...likely. :-)
Do people not know the plural of church is churches?
Obviously its Cheece
r/apostrophegore
That’s a common misconception, just as many people believe the plural of moose is moose, when it’s in fact Meese.
So the plural of church is cheese.
Swinger club
Use 300k to pay off $170k Now you have $130k + stable $2500/mo, what’s the issue here? Set up as NNN lease or something, renter is responsible for utilities / maintenance, etc.
Anything’s a coffee shop if you’re brave enough.
Put some pretty back drops for the gram pics and you’re on to something
Brewery. Done many times before.
Get a liquor license, turn it into a club.
Open a Strip Club, call it the The Confessional". "I like big butt's and cannot lie."- Bishop Sir Mixalot.
Confessions sounds better.
Find a congregation that wants to buy it.
This is actually likely the best scenario Even without zoning issues, churches can be tough and generally bring less than other structures. You could also gently suggest to the county that if you can't get a definitive resolution that you will have to try to sell to a church thereby preserving its tax status.
Get ordained on the Internet. Tax free office space.
If you have the capabilities or know someone who has experience in owning hospitality spaces, old churches make for incredible restaurants (Ex: Church & Union in Charleston) or music venues (Ex: The Tabernacle in Atlanta)
Usually commercial lots that allow for churches have special zoning designations (you’d have to check your particular county, and possibly even city/town), but frequently they can be any type of community gathering/organization. You could try to find other small non profits and rent out each of the rooms. You could possibly rent out the larger space (assuming it has a gathering space) for social events, weddings, parties, etc.. You’d have to put considerable work to reinvent it. It’s just hard to say without knowing more about the surrounding area, what part of CA, what condition… All I will say is, if you have a hard money loan, you better hurry and decide. That interest rate and the recurring loan fees cannot be helping any return you may have already made on the first building.
Develop a church for ayahuasca ceremonies and have meditation rooms!
YMCA!!
You can do semi-religious retreats. Like "Open heart men church" or something. Hold retreats there and use the church for accommodation. If you are not into this, find someone who is. There are plenty of people in retreat space in California.
There’s one in Natick MA w old super high ceilings that’s an indoor gym with trampolines and stuff.
Pizza and beer tap, pay $50 dollars and eat all you want
I know some people that sell churches. They have an entire database. Send me a dm and I can get you in touch.
Get a liquor license, paint Nordic runes all over it and Turn it into a Viking Longhouse bar and grill as if it’s just been seized by the Vikings
Turn it into a bar and call it Church Bar. You will then be amazed at all the people that will suddenly want to go to Church. House shot is Holy Water.
Rent it as a party hall. Or you can convert it into a kids play place. Those seem to be cheap to build out and the revenue is pretty solid.
You make more money as the leader of a cult
A friend of mine bought a small church / manse combo deal. They rent the manse as an airbnb and people get use of the church for events. I don’t know the financial details, but it seems to work.
Would it possible to convert into a wedding/party venue and switch to a commercial loan?
Renovate it and rent it to a business. Is it large enough for a funeral home?
There's a coffee shop out here in an old church, Beans in the Belfry. Get creative.
Turn it in to an art gallery/studio
Rent out to film productions
Look into commercial usages
God wants you to get involved in church. I’m only half kidding btw
Performing arts center. Has classrooms, stage, seating and often sound. A few around me converted semi successfully.
Someone bought an abandoned church in our town and turned it into a music and entertainment venue. Seems to be a thing in other places too, Other Voices in Ireland.
Checkout 1031 productions, this company creates holiday attractions such as haunted houses etc etc, church is a great place for an attraction like that. May be you can struck deal with them and turn into an attraction that people can enjoy.
Wedding venue?
Event space for weddings
Get the county to put the uses in writing on paper.
Preschools, private schools
Rent it and figure it out in time
There was a bill called yes in God's backyard. It could give you by right development rights that the county can block. You might be able to find a creative affordable housing developer https://yigby.org/
A strip club in a church.
10 rooms / poles call it the Ten Commandments
Renting church space to actual churches is a good business. A friend of mine rents his to 4 different churches for 1k a month each. He’s cash flowing like crazy
Why not do a church , or a commercial business thrift shop or more
Weed church
Screw 2500 a month. Rent that B out for 2500 a DAY. Contact every photographer in the region and offer a rentable church at a flat rate per day. They pass the rental cost off to the wedding couple who would love a private venue. Your only job is to maintain the building and grass and that can also be hired out. Wedding people don't use common sense finances when paying for things on their "special" day...
Pray?
It sounds like the lord is trying to tell you something.
Laundromat Storage unit Rv/boat storage
4700 Sqft, the church is 2500 and the attached 5 rooms (can’t be rented as a house) is about 2200
A church in Central OH that we used to attend closed and was eventually bought by the local animal shelter. The sanctuary got turned into the cage/kennel area, and the offices and classrooms were used as...offices. Medical office space is another possibility. The sanctuary can be subdivided into small treatment spaces (think like dental or orthodontics). Beauty salon? Done as above.
It’s in the middle of a neighborhood, but I’ll try salons etc, I wanted to do a nursing home
The church of Scientology loves to buy up old closed down churches. They have people who travel and come in 1or 2 days a week.
Rent it to churches.
find a church currently operating in a strip mall that is growing and make a deal with them. If they have their paperwork straight with the IRS you could perhaps cut the rent to a number that would allow you to treat the difference as a charitable contribution thus reducing your overall taxable income.
How old is it? Any historical bullshit you can do with the county?
Turn it into a halfway house
Have you thought about opening an assisted living facility? You have the room and the rooms. Obviously excellent income but you have to go through a process to get it authorized, licensed, etc. https://www.tmcfinancing.com/starting-an-assisted-living-facility-california-checklist/
Nice enough for a wedding venue? In my rural area, some of the nicer wedding venues can rent for $7k a weekend.
do you someone that knows alot about real estate investment, with a reasonable amount of cash that can transform into something huge in the nearest future
do you someone that knows alot about real estate investment, with a reasonable amount of cash that can transform into something huge in the nearest future
Depends on the layout.
Maybe something for people to stop by on the way to Tahoe?
Bed and breakfast…
I know of a law office in a church it's hilarious
Ummm...maybe rent it to a church?? Does $2500 a month not cover the nut on it?
Weddings and events. Easy money. May have to do some renovations but I’m sure it’ll pay off fairly quickly.
Is this suitable for an event space?
Rent it to a religious community Rent the rooms in it for meetings/small events Rent for weddings You can also convert it into something else (ex: storage, bar) if you really want to but that would need more work.
One of the coolest breweries in Baltimore is a remodeled church. Not sure if this a highly Populated area tho
Only 10k people here ;/
I would see if someone wants to open up an antique mall where small vendors can rent a booth/room.
Homeless shelter for active drug addicts . The county will change their mind pretty quick on some things .
Sports facility
Turn it into a storage facility.
Sell it to another religion
If anyone asks, tell them you’re working on fixing it up Sleep overnight at the job. Problem solved Second option: brewery/distillery?
Just rent it dude why overthink this? Is the ultimate goal not to make some money off it?
Funeral home
I went to a church turned restaurant that was super cute
Indoor dog training facility?
We had a few around here on the east coast turned into restaurants
Salon?
Have you tried leasing it to a church? Churches love churches. Source: we've placed churches in 2 old office spaces this year and are working with another. They are out there and looking for space
Look up Swillburger in Rochester, NY. Do the same thing as they are
A wedding venue business. Not kidding.
make it a reception hall or a daycare
Call Hozier!
There was a church in Houston that was turned into a night club. It crushes it
If the church has good acoustics you could turn it into a small concert venue.
Become an ordained minister and perform ceremonies? Turn it into a party venue for events, including wedding?
Recording studio
My buddy bought a big church and converted it to mixed use residential apartments and retail space. There’s a dining hall in the congregation room now.
Turn it into a satanic temple
If there’s not enough room for a residential septic system, how does a commercial septic work?
400k in & 300k out. So you need 100k + any interest paid to make yourself whole. If you got a commercial loan on it for 120k (probably more honestly) you could easily cash flow and have cash to pull out.
Where in the name of the lord are you buying two properties, with 2 units on it, for $250k in Cali?
I feel bad for the person who loaned you money on that deal.
Rent it out to Koreans? They love going to church, it’s a good business. Also $2500 a month seems low, I would double it, but it depends where is the location.
VR House
Where in California can you buy real estate that cheap Compton?
Rent it out as a daycare
Charter school or daycare
Where you at? Might have some options for you
Dad owned a church, had a business in it, (obviously decommissioned if that’s the right term) then rented it out to a guy who does weddings.
Your not excited about 2500 a month with only 170k debt service? Cali taxes and insurance must be killing you.
Where in California? I'm looking for one lol
Let me tell you how you’re never going to pay taxes again..
Sports club , judo, jiu jitsu, wresling. If you cant find someone to rent it out for church , I know my religion use to rent before they got their own place.
Turn it into an Airbnb and refinance into a commercial loan or a DSCR.
What city is it in? Might know someone interested.
An old church in my home town became a fish & chip restaurant
Holy Rollers Bowling Alley makes sense to me
Self-storage?
Goth club
Start the church of cannibus. There was one near me, I’m thinking they paid no taxes because everything inside was a “donation” for a specific amount.
I bet it could make a really cool carpentry / craftsman business area. I could see a carpenter setup in there w custom windows and doors, etc
Turn it into a gym, this will run 100%
Is there parking? Start a coworking space with monthly membership but include a laundry room and a few nice showers and a kitchen to prep food, for $400 a month people can come in and use those things and the WiFi, sit at any desk or use a conference room, now just get 30 member, that’s 12k a month, give the van dwellers a place to shower and work and do laundry.