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1793 Olive St Capitol Heights, MD 20743

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For Sale
$700,000

Three adjacent industrial condo units near DC border for sale.

Property Features for 1793 Olive St

General Information

Standard status
Active

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Listing Contact
Jose L Guzman
Source: Exprealty

Listing Agency: Pearson Smith Realty, LLC Listing Agent: Jose L Guzman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Capitol Heights Industrial Condo Portfolio

A portfolio of three adjacent small bay covered dock industrial condo units is available for purchase in Capitol Heights, Maryland, near the DC border. The units are suitable for investors seeking to capitalize on increasing industrial lease rates and decreasing industrial inventory, or for a contractor or owner/user requiring space conveniently located in Maryland and Washington, DC. The property features I-2 zoning for heavy industrial use and abundant surface parking. Each unit has a loading dock, with a covered loading area and a ceiling height of 23 feet. The parking lot is secured with a gate. The combined area of the units is 12,178 square feet, with individual unit sizes of 4,307 square feet (Unit 1789), 4,249 square feet (Unit 1791), and 3,622 square feet (Unit 1793). There is potential for a sale lease-back for units 1789 and 1791. Unit 1793 is currently leased under a NNN lease until 2028. The three units are adjacent but currently demised.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Capitol Heights
County
Prince George's
State
Maryland
Longitude
-76.9295561
Latitude
38.9130196

FAQs

What type of property is this?
Industrial property - Three adjacent industrial condo units near DC border for sale.
Where is this industrial property located?
The property is located at 1793 Olive St Capitol Heights, MD.
What is the asking price?
The asking price for this property is $700,000.
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 in Capitol Heights, Maryland, near the DC border.
More about this property
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