One of Charlestown’s most recognizable landmarks and formerly one of the neighborhood’s largest churches is up for sale.
St. Catherine of Siena Church is being retailed for sale by Cushman and Wakefield, the noted Massachusetts brokerage house.
The church building is 22,000 square feet on a plot of 17,000 square feet. It was built in 1890 and is presently assessed for $2.5 million, according to City records provided by Cushman and Wakefield.
The former parochial school property built in 1900, which is part of the entire package, has a land area of 31,400 square feet and a structure of 29,000 square feet and is currently assessed for $6.2 million.
There is a third property – The Annex – that was built in 1920 – which has a 2000 square foot school building. This structure rests on the school parcel aforementioned.
While brokers working on the sale were hesitant to speak on the record, Cushman and Wakefield, according to sources, has shown the property several times and there is apparently some interest in it.
The property, according to real estate sources, could be the site for residential housing or for commercial development.
In a world where location is everything, the site is being touted as prime buildable property because of its proximity to Cambridge and Boston as well as the Navy Yard.
“It is suitable for a variety of uses including residential, commercial or institutional,” said a local broker who wished to remain unnamed.
The price for the property remains unknown.
“I don’t believe the Archdiocese puts a price on its properties,” said a source. “Those who are interested are asked to make a fair market value offer,” added the source.
The property has been for sale for about one month.