1793 OLIVE ST new to site

Capitol Heights,MD 20743

$ 799000

- Bed

- Bath

3622 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,622 sqft

Price per Sqft $220

MLS Listing ID MDPG2151102

Originating Board BRIGHT

Year Built 1951

Annual Tax Amount $5,885

Tax Year 2024

Property Sub-Type Industrial

Property Description

United Real Estate 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
Please don't disturb the tenant; all appointments are to be with respective agents and authorized by the tenant.

Location

State MD

County Prince Georges

Zoning I2

Interior

Hot Water Natural Gas,Electric

Cooling Central A/C

Inclusions The property is tenant occupied with a NNN lease until 2028 and will be subject to tenant lease terms.

Equipment None

Heat Source Natural Gas,Electric

Exterior

Garage Spaces 7.0

Utilities Available Phone,Natural Gas Available,Phone Connected,Sewer Available,Water Available

Water Access N

Accessibility 2+ Access Exits,Ramp - Main Level,Other

Total Parking Spaces 7

Garage N

Building

Lot Description Adjoins - Open Space,Private,Level

Foundation Slab,Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17023792892

Ownership Condominium

Acceptable Financing Conventional,Cash,Seller Financing,Private,Lease Purchase,Other

Listing Terms Conventional,Cash,Seller Financing,Private,Lease Purchase,Other

Financing Conventional,Cash,Seller Financing,Private,Lease Purchase,Other

Special Listing Condition Standard

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