1789 OLIVE STREET Capitol Heights, MD 20743

Building Details

Year Built

1951

Listing office United Real Estate Show Phone

Listing date May 5, 2025

Source Exitrealty

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All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate

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Investment Insights

Based on property information with market context.

This is a unique opportunity to purchase a portfolio of three adjacent industrial condo units with a loading dock in Capitol Heights, Maryland, near the DC border. The units are ideal for investors looking to capitalize on rising industrial lease rates and shrinking industrial inventory, or for an owner-occupier or contractor needing space conveniently located in Maryland and Washington, DC. The property features I-2 zoning for heavy industrial use, abundant surface parking, three loading docks (one per unit), a covered loading area, a 23-foot ceiling height, and a gated, secure parking lot. The units are currently demised but adjacent. Unit 1789 is 4,307 square feet, Unit 1791 is 4,249 square feet, and Unit 1793 is 3,622 square feet, totaling 12,178 square feet. There is sale lease-back potential for units 1789 and 1791. Unit 1793 has a NNN lease in place until 2028. The unit has a Gross Rental Income (GRI) of $75,759.67 and a value of $833,000, resulting in a 9% capitalization rate. The property is suitable for heavy industrial uses.

Key Highlights

• Portfolio of three adjacent industrial condo units totaling 12,178± SF.
• Zoned I‑2 for heavy industrial use.
• Located in Capitol Heights, Maryland, near Washington, DC.

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FAQs

What type of property is this?

Manufacturing property - Three adjacent industrial condo units with loading dock near DC.

Where is this manufacturing property located?

The property is located at 1789 OLIVE STREET Capitol Heights, MD.

What is the asking price?

The asking price for this property is $833,000.

What are key features of this property?

This property features: Portfolio of three adjacent industrial condo units totaling 12,178± SF.; Zoned I‑2 for heavy industrial use.; Located in Capitol Heights, Maryland, near Washington, DC.