1. Maryland
2. Capitol Heights
3. 1789 OLIVE STREET

1789 OLIVE STREET, Capitol Heights, MD 20743

Property Description

Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23’ ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units. *NNN lease in place for unit 1793 Is Leased until 2028. All 3 units are adjacent, but currently demised. Hard to find I-2 zoning for heavy industrial uses with abundant surface parking. Offer Summary, Unit 1789 4,307± SF, Unit 1791 4,249± SF Unit 1793 3,622± SF *TOTAL 12,178± SF* This unit has the potential for a rental income of $86,140 annually, based on the area rental estimates of $20 per SF, X 4,307 SF = 86,140.00 CAP RATE of 10% Sister buildings are also listed on the MLS, with the MLS ID MDPG2151102. MDPG2151124

Listing Status:

Active

Date Added:

May 4, 2025 at 05:00AM

Listing Office:

United Real Estate : 7036653544

Listing Agent:

Jose L Guzman : 2406607291

MLS ID:

MDPG2151134

Interior

• Flooring: Concrete
• A/C: Central A/C
• Heating: Y90% Forced AirBaseboard - Hot WaterElectricNatural Gas
• Disability Feature: >84" Garage Door36"+ wide Halls48"+ Halls

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jose L Guzman, United Real Estate