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1791 Olive Street

CAPITOL HEIGHTS, MD 20743
  • $799,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: MDPG2151124
UPDATED: 26 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Description

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 is fully available for purchase or lease.* Unit 1793 is on an NNN lease until 2028. The sister buildings are also listed on MLS ID MDPG2151134. MDPG2151124This building has the potential to be rented by a market rental of $20SF X 4,249FS = 84,980 annually, CAP RATE of 10%.Estimates are based on rental rates of the area, Please do your due diligence to verify all.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-07-11T11:00:31.533.
www.homesbynomis.com/homes/163337151
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1791 Olive Street CAPITOL HEIGHTS, MD 20743

  • Price: $799,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 26 min ago
  • ID#: MDPG2151124
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1951
Built
County:
Prince Georges
School District:
Prince George's County Public Schools
Property Description
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 is fully available for purchase or lease.* Unit 1793 is on an NNN lease until 2028. The sister buildings are also listed on MLS ID MDPG2151134. MDPG2151124This building has the potential to be rented by a market rental of $20SF X 4,249FS = 84,980 annually, CAP RATE of 10%.Estimates are based on rental rates of the area, Please do your due diligence to verify all.
Exterior Features

Construction Materials BlockBrick Garage YN No Lot Features Adjoins - Open Space Parking Features PrivateFencedSurface Parking Types Parking Lot Property Condition Average Roof FlatMetal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4249.00 Cooling Central A/C Flooring Concrete Heating 90% Forced Air Heating YN Yes Net Square Feet 4249.00

Property Features

Acceptable Financing ConventionalLease PurchasePrivateSeller FinancingOther Accessibility Features >84" Garage Door48"+ Halls Central Air YN Yes Cooling Fuel Electric Electric 3 Phases Foundation Details BlockConcrete Perimeter Heating Fuel Natural GasElectric Historic YN No Hot Water ElectricNatural Gas Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803824036012 Ownership Interest Condominium Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 6903.00 Utilities Natural Gas AvailableCable TVElectric AvailablePhone Connected Vacation Rental YN No Water Source Public Zoning I2 Zoning Description In Prince George's CountyMarylandthe I-2 Heavy Industrial Zone allows for highly intensive industrial and manufacturing uses

Listing courtesy of United Real Estate: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nomis Group International | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-07-11T11:00:31.533.
 
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Nomis Group International | eXp Realty
9864 Main St
Fairfax VA, 22031