4945-4947 Marlboro Pike Capitol Heights, MD 20743
- Retail properties
- 6,748 SF
- 1.65 lot acres
Current Use by Public Records
- Retail properties
Property Details for 4945-4947 Marlboro Pike
- Year built
- 1951
- Lot size
- 1.65 lot acres
- Property size
- 6,748 SF
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a 6,748 square foot property situated on a 1.65-acre lot in Capitol Heights, Maryland. The property, located at 4945-4947 Marlboro Pike, is zoned C-N (Commercial Neighborhood) and boasts a diverse tenant mix currently achieving 100% occupancy. The offering includes a 4,348 square foot retail strip center housing a barber shop, liquor store, and restaurant, along with a 2,400 square foot multifamily building. Ample parking is provided with 80 surface spaces. Built in 1951, this property presents a strong cash flow with significant upside potential. The asking price is $1,800,000. This prime location in the Pennsylvania Avenue Corridor offers convenient access to major transportation routes and a thriving local community. The property's strong tenant base and high occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Maryland commercial real estate market. The substantial lot size also presents opportunities for future development or expansion. Don't miss this chance to acquire a well-established, income-producing asset in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Capitol Heights
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9239
- Latitude
- 38.8711
