BETHESDA, Md., June 2, 2016 /PRNewswire/ -- One of the Washington D.C. area's largest and best known jazz clubs will sell to the highest bidder on Wednesday, June 29 at 11 a.m., with Auction Markets marketing the real estate and conducting the foreclosure auction.
The historic Bethesda Blues and Jazz Supper Club, located at 7719 Wisconsin Avenue, Bethesda, underwent an extensive multi-million dollar renovation in 2013, making it one of the most modern venues in this wealthy region. Originally built in 1938, it was first known as the Bethesda Theatre, designed in the Streamline Moderne architectural style by John Eberson, world renowned as the "Dean of American Theatre Architects." The ceilings have painted murals reminiscent of its Art Deco heritage, and it is listed in the National Register of Historic Places.
"Bethesda Blues and Jazz draws from the culturally rich Washington, D.C. region, with a nearly unlimited pool of talent, customers and money. The next owner will have the opportunity to leverage the like-new condition of the property, its superb location and the club's provenance so it can reach its full potential," said Stephen Karbelk, CAI, president of Auction Markets LLC. "It would be a sound choice for the club owner looking to break into the D.C. club scene. It's one of those rare clubs that are loved by entertainers and customers alike, with an intimate setting that allows the artists to connect with their fans."
"This has everything owners look for in a nightclub – a great location in downtown Bethesda and minutes from D.C., incredible street visibility, plenty of parking, easy access via the Bethesda Metro Station off the Red Line, and a long history as a club," said Karbelk. It seats 300 guests at tables, with stadium seating for another 200. Other features include a large wooden dance floor, modern sound systems, an impressive stage, professional lighting, a full-service kitchen, a green room and administrative offices. In addition to 15,100 square feet for the club, it is believed to have below grade improvements providing another 4,933+/- square feet of usable space.
Additional information, including the legal notice, may be found at AuctionMarkets.com or by calling 571-481-1037. Auction Markets LLC markets and sells commercial and residential real estate.
For more information:
Carl Carter, 205-823-3273
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/historic-bethesda-blues-and-jazz-supper-club-set-for-foreclosure-auction-300278660.html
SOURCE Auction Markets, LLC