1789 OLIVE ST, Capitol Heights, MD 20743
1789 OLIVE ST, Capitol Heights, MD 20743
1789 OLIVE ST, Capitol Heights, MD 20743
24
See all 24 photos
Listed by Mr. Jose Guzman • Pearson Smith Realty, LLC
$6,400
Save
Active

1789 OLIVE ST Capitol Heights, MD 20743

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Rent

MLS Listing ID MDPG2160188

Year Built 1951

Property Sub-Type Industrial

Source BRIGHT

Property Description

Legacy Plus Group is excited to offer this unique opportunity to lease a single unit with a total of 4,307SF of usable space and 23-foot ceiling clearance. The sister building, 1791 Olive St, is also available for lease at the SFP of $18 NNN. The total Building SF4,249@$18=$6,373.00 Monthly rent per unit. The units are adjacent, and the combined total space is SF8,555. The bay covered dock industrial condo units for lease 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

Location

State MD

County Prince Georges

Zoning I2

Interior

Hot Water Electric, Natural Gas

Cooling Central A/C

Flooring Concrete

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 12.0

Utilities Available Natural Gas Available, Phone, Electric Available, Cable TV, Water Available, Sewer Available, Other

Water Access N

Roof Type Flat

Accessibility 2+ Access Exits

Total Parking Spaces 12

Garage N

Building

Lot Description Adjoins - Open Space

Foundation Concrete Perimeter, Slab

Sewer Private Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17023792876

Ownership Other

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Michelle McMaster

Michelle McMaster

Broker License ID: 1542221

+1(856) 335-5586

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Sail Lake Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1789 OLIVE ST

Top Areas & Neighborhoods
There are 19 quick searches