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$799,000
1 Day On Site

1789 OLIVE STREET
CAPITOL HEIGHTS, MD 20743

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
4,307
SqFt
$186
/SqFt
1951
Built
County:
PRINCE GEORGES
Listing courtesy of United Real Estate
Call Now: +1-703-494-7691
Is this the space for you? We can help make it yours.
+1-703-494-7691
1789 OLIVE STREET1789 OLIVE STREET1789 OLIVE STREET1789 OLIVE STREET
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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

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Listing Snapshot
Price 
$799,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
4,307 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1951
MLS® Number 
MDPG2151134
Status 
Active
Property Tax 
$6,997
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Foundation 
Concrete PerimeterSlab
Parking 
PrivateParking Lot
Parking Spaces 
10
Property Sub Type 
Industrial
Sewer 
Private Sewer
Special Circumstances 
Standard
SqFt Total 
4307
Water Source 
Public
Zoning 
I2
Interior Features
Appliances 
Electric Water HeaterGas Water Heater
Cooling 
Central AirElectric
Flooring 
Concrete
Heating 
ElectricNatural GasForced AirBaseboard
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Exterior Features
Fencing 
Fenced
Lot Features 
Cleared
Roof 
Flat
Community Features
Accessibility Features 
Accessible Hallway(s)
School District 
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Schools
School District
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of United Real Estate



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

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