Guzman Group is excited to offer this unique opportunity to purchase a portfolio of three rare, adjacent properties featuring 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. *1789 Fully available Vacant *1791 Leased until 2031, with an option for an extension *1793 Is Leased until 2028 with an option for an extension. 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+- Leased SQF Market price is $16.00 x 12,178 SQF=$197,229.00-NOI, (CAP=.078% The market prices may change depending on the location and condition) Please don't disturb the tenant; please confirm all appointments. The buyer must do the due diligence before submitting an offer. PORTFOLIO OFFER AT -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
AppliancesElectric Water Heater, Gas Water Heater
Area & Lot
Total area3,625 Sq.Ft.
Living area3,625 Sq.Ft.
MLS® IDMDPG2204806
Year Built1951
School DistrictPRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
TypeCommercial
StatusFor Sale
Exterior
Stories1
Air conditioningCentral Air, Electric
Heat typeElectric, Natural Gas, Forced Air
Water SourcePublic
SewerPublic Sewer
ParkingPrivate, Parking Lot
Lot FeaturesPrivate, Level, Cleared
UtilitiesNatural Gas Available, Phone Connected, Sewer Available, Water Available
Finance
Sales Price$833,000
Real Estate Tax$5,885 yearly
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