$ 799,000
-
$799,000
Price -
0
Bed - Bath
-
4,249
SqFt
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About the Listing URLE1 - 3249109,3355582
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 Highlights for 1791 Olive St
Status
Active
Days on Site
128
Property Type
Commercial Sale
MLS ®
MDPG2151124
Year Built
1951
Total Square Footage
4,249
Lot/Acreage
N/A
County
Prince Georges
School District
Prince George's County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Adjoins - Open Space,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 11
- Zoning: In Prince George's County, Maryland, the I-2 Heavy Industrial Zone allows for highly intensive industrial and manufacturing uses
- Roof: Flat,Metal
- Others: Average
- Sewer: Public Sewer
- Parking Features: Private,Fenced,Surface,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $6,903
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1791 Olive St Capitol Heights, MD 20743
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