1793 Olive Street Capitol Heights, MD $ 799,000
1793 Olive Street
$ 799,000
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1793 Olive Street

Capitol Heights, MD, 20743
$ 799,000
Bedrooms-- Baths-- Sq 3,622

Monthly Estimate*

$ 4,985

1793 Olive Street, Capitol Heights, MD 20743 - Image 1
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Commercial Property for sale in Capitol Heights, MD

for $799,000. This 3,622 square foot building was built in 1951.

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.

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Commercial Active

Price

$ 799,000

Property Type

Commercial

Taxes

$ 5,885

Style

Professional

Year Built

1951

Town/City

Capitol Heights

County/Region

Prince Georges

MLS | Web ID

MDPG2151102

Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Natural Gas Electric
Total Stories 1
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 1
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Phone Natural Gas Available Phone Connected Sewer Available Water Available
Possession Subject to Existing Lease
Zoning I2
Construction Materials Block
Year Built 1951
Electric 3 Phases
Property Subtype Industrial
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Business Type Professional
Accessibility 2+ Access Exits Ramp - Main Level Other
County PRINCE GEORGES
New Construction N
Property Type Commercial Sale
Possible Use Commercial Distribution Industrial Manufacturing Mixed Use Warehouse Wholesale
Water Access Y/N N
Status ACTIVE
Directions Please use the GPS
City CAPITOL HEIGHTS
Number Of Units Total 1
Tax Annual Amount 5885.0
Price Per Sq Ft Total AG 220.6
Acceptable Financing Conventional Cash Seller Financing Private Lease Purchase Other
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision 1761-1797 OLIVE STREET CONDO>
Total Actual Rent 51000.00
Cap Rate 7.00
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Exterior
Parking Features Private Fenced
Lot Features Adjoins - Open Space Private Level
Water Source Public
Inclusions The property is tenant occupied with a NNN lease until 2028 and will be subject to tenant lease terms.
Type of Parking Parking Lot
Foundation Details Slab Concrete Perimeter
Water View Y/N N
Building Area Total 3622.00
Waterfront Y/N N
Other Equipment None
Land Assessed Value 162200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1793
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* Excluded Features
List By
United Real Estate

Broker

jluisguzman04@gmail.com

Email

Affordability Calculator

$5,475
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$490
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2025$799,000 Listed Price

Map


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1793 Olive Street, Capitol Heights, MD, 20743 is a Commercial Property for sale at $799,000 with 3,622 sqft. 1793 Olive Street was built in 1951. The property's zip code is 20743 which is in Capitol Heights, MD