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Marjorie Dick Stuart

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1789 Olive St, CAPITOL HEIGHTS, MD – $799,000

  • $799k Price
  • 4,307 Sqft
  • 21 DOM
  • $799k Price
  • 4,307 Sqft
  • 21 DOM

1789 Olive St

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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Essential Information

  • MLS® #MDPG2151134
  • Price$799,000
  • Bathrooms0.00
  • Square Footage4,307
  • Acres0.00
  • Year Built1951
  • TypeCommercial Sale
  • Sub-TypeCondo, Industrial
  • StatusActive

Community Information

  • Address1789 Olive St
  • CityCAPITOL HEIGHTS
  • CountyPRINCE GEORGES-MD
  • StateMD
  • Zip Code20743

Amenities

  • ParkingPrivate, Fenced, Surface

Interior

  • CoolingCentral A/C

Heating

90% Forced Air, Baseboard - Hot Water

Exterior

  • ExteriorCombination
  • Lot DescriptionAdjoins - Open Space
  • RoofFlat
  • FoundationConcrete Perimeter, Slab

School Information

District

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedMay 4th, 2025
  • Days on Market21
  • ZoningI2

Listing Details

  • OfficeUnited Real Estate
  • Office Contact7036653544
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Listing information last updated on May 24th, 2025 at 10:46am CDT.