1. Maryland
  2. Capitol Heights
  3. 1791 OLIVE STREET
$799,000

1791 OLIVE STREET, Capitol Heights, MD 20743

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 27 days ago

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 is fully available for purchase or lease. * Unit 1793 is on an NNN lease until 2028. The sister buildings are also listed on MLS ID MDPG2151134. MDPG2151124 This building has the potential to be rented by a market rental of $20SF X 4,249FS = 84,980 annually, CAP RATE of 10%. Estimates are based on rental rates of the area, Please do your due diligence to verify all.

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:
MDPG2151124
  • Flooring: Concrete
  • A/C: Central A/C
  • Heating: Y90% Forced AirNatural GasElectric
  • Disability Feature: >84" Garage Door48"+ Halls

This listing courtesy of Jose L Guzman, United Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert R. Gray Elementary School

4949 Addison Rd, Capitol Heights, MD, 20743

Grades PK-6

0.47 miles away

J

Judith P. Hoyer Montessori

929 Hill Rd, Hyattsville, MD, 20785

Grades PK-8

2.32 miles away

F

Fairmont Heights High School

6501 Columbia Park Rd, Hyattsville, MD, 20785

Grades 9-12

1.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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