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1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
1793 OLIVE STREET
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$833,000

1793 OLIVE STREET

1 Bath 3,622 Sq.Ft.

Description

Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent properties with loading dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to capitalize on rising industrial lease rates and shrinking industrial inventory. Ideal 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, and a gated, secure parking lot. Ideal for an 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 Value/ $2,500,000 Income /$217,133.74 /Return = 9% (based on the current market, prices may change depending on the location and condition)
Please don't disturb the tenant; all appointments must be confirmed. The buyer must do the due diligence before submitting an offer.
PORTFOLIO PURCHASE OF ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00)

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Location

1793 OLIVE STREET, CAPITOL HEIGHTS, MD 20743

Status

For Sale

Property Amenities

Interior
Appliances Electric Water Heater, Gas Water Heater
Area & Lot
Total area 3,622 Sq.Ft.
Living area 3,622 Sq.Ft.
MLS® ID MDPG2151102
Year Built 1951
School District PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Type Commercial
Status For Sale
Exterior
Stories 1
Air conditioning Central Air, Electric
Heat type Electric, Natural Gas, Forced Air
Water Source Public
Sewer Public Sewer
Parking Private, Parking Lot
Lot Features Private, Level, Cleared
Utilities Natural Gas Available, Phone Connected, Sewer Available, Water Available, Cable Available
Finance
Sales Price $833,000
Real Estate Tax $5,885 yearly
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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 1793 OLIVE STREET, CAPITOL HEIGHTS, MD 20743. We are reviewing your request and will be in touch shortly!

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