$833,000

1789 OLIVE ST, Capitol Heights, MD 20743

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent industrial condo units with a loading dock for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to capitalize on rising industrial lease rates and shrinking industrial inventory. Ideal for an owner-occupied or contractor 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, and a gated, secure parking lot. Ideal for an 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( GRI )Income=$75759.67/Value=$833K/ Return=(cap9%) Sister buildings are also listed on MLS ID MDPG2151102. MDPG2151124 Please do your due diligence to verify all of the information. PORTFOLIO PURCHASE OF ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00)

Listing Status:
Active
Data Last Updated:
August 20, 2026 at 5:20PM
Listing Office:
Pearson Smith Realty, LLC : 5713861075
Listing Agent:
Jose L Guzman : 2406607291
MLS ID:
MDPG2151134
  • Flooring: Concrete
  • A/C: Central A/C
  • Heating: 90% Forced AirBaseboard - Hot WaterElectricNatural Gas
  • Disability Feature: >84" Garage Door36"+ wide Halls48"+ Halls
  • Parking: PrivateFencedSurface
  • Roofing: Flat
  • General: CombinationConcrete PerimeterSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • County: PRINCE GEORGES-MD
  • Zoning: I217023792876
  • Utilities: 3 phases
  • Water: Public
  • Sewer: PrivateSewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jose L Guzman , Pearson Smith Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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