1793 Olive St Capitol Heights, MD 20743
Three adjacent industrial condo units near DC border, ideal for investors.
Property Features for 1793 Olive St
General Information
- Standard status
- Active
Building Details
- Year built
- 1951
Source:
Corcoran
Listing Agent: Jose Guzman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Capitol Heights Industrial Condo Portfolio
This is a unique opportunity to purchase a portfolio of three adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. The industrial condos are suitable for investors looking to capitalize on rising industrial lease rates and shrinking industrial inventory, or for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. The property features I-2 zoning for heavy industrial uses with abundant surface parking. There are 3 loading docks, one per unit, a covered loading area, and a 23-foot ceiling height. The parking lot has gated security. The total area of the three units is 12,178 square feet. Unit 1789 has 4,307 square feet, Unit 1791 has 4,249 square feet, and Unit 1793 has 3,622 square feet. The units are adjacent but currently demised. There is sale lease-back potential for units 1789 and 1791. Unit 1793 has a NNN lease in place until 2028.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar Places Nearby
Public Storage, Self Storage Plus, Cube Smart Self Storage, Self Storage Plus, Extra Space Storage
Location Insight
- Map
- Local Demand
- City
- Capitol Heights
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9295561
- Latitude
- 38.9130196
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Three adjacent industrial condo units near DC border, ideal for investors.
Where is this warehouse located?
The property is located at 1793 Olive St Capitol Heights, MD.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - Portfolio of three adjacent industrial condo units totaling 12,178± SF.; - Rare I-2 zoning for heavy industrial uses.; - Convenient location near the DC border in Capitol Heights, Maryland.