1789 Olive St | Image 1
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$833,000

For Sale

A year ago

MLS® MDPG2151134

0 Bed

1 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $6,997
Days Active 320
Approx. Age 1951
MLS® Number MDPG2151134

Property Address: 1789 Olive St, CAPITOL HEIGHTS, MD, 20743-6719

Average square foot calculated using Size range provided by listing agent.

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)
MLS® NumberMDPG2151134
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1951
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2025List Date
$833,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jul 17, 2025List Date
$6,400List Price
  • Commute

Commute

Starting Address
Destination Address
1789 Olive St, CAPITOL HEIGHTS, MD

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