Leave a Message

Thank you for your message. We will be in touch with you shortly.

1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
1789 OLIVE STREET
VIEW PHOTOS
$700,000

1789 OLIVE STREET

1 Bath 4,307 Sq.Ft.

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

Share Property

Location

1789 OLIVE STREET, CAPITOL HEIGHTS, MD 20743

Status

For Sale

Property Amenities

Interior
Appliances Electric Water Heater, Gas Water Heater
Flooring Concrete
Area & Lot
Total area 4,307 Sq.Ft.
Living area 4,307 Sq.Ft.
MLS® ID MDPG2151134
Year Built 1951
School District PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Type Commercial
Status For Sale
Exterior
Air conditioning Central Air, Electric
Heat type Electric, Natural Gas, Forced Air, Baseboard
Disability Features Accessible Hallway(s)
Water Source Public
Sewer Private Sewer
Parking Private, Parking Lot
Lot Features Cleared
Roof Flat
Finance
Sales Price $700,000
Real Estate Tax $6,997 yearly
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 1789 OLIVE STREET, CAPITOL HEIGHTS, MD 20743. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Work With Us

If you have questions about credit or legal matters, buying or selling, you can trust us to find you what you need fast. We'll make sure you feel confident and educated every step of the way.