1791 Olive Street Capitol Heights, MD $ 799,000
1791 Olive Street
$ 799,000
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1791 Olive Street

Capitol Heights, MD, 20743
$ 799,000
Bedrooms-- Baths-- Sq 4,249

Monthly Estimate*

$ 4,985

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Commercial Property for sale in Capitol Heights, MD

for $799,000. This 4,249 square foot building was built in 1951.

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. MDPG2151124 This 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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Commercial Active

Price

$ 799,000

Property Type

Commercial

Taxes

$ 6,903

Style

Manufacturing,Professional,Storage,Warehouse,Flex

Year Built

1951

Town/City

Capitol Heights

County/Region

Prince Georges

MLS | Web ID

MDPG2151124

Features
Interior
Heating Fuel Natural Gas Electric
Flooring Concrete
Hot Water Electric Natural Gas
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 Natural Gas Available Cable TV Electric Available Phone Connected
Possession 31-60 Days CD
Roof Flat Metal
Zoning I2
Construction Materials Block Brick
Year Built 1951
Electric 3 Phases
Property Subtype Industrial
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Business Type Manufacturing Professional Storage Warehouse Flex Other
Accessibility >84 Garage Door 48 + Halls
County PRINCE GEORGES
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Please use the GPS
City CAPITOL HEIGHTS
Number Of Units Total 1
Tax Annual Amount 6903.0
Property Condition Average
Price Per Sq Ft Total AG 188.04
Acceptable Financing Conventional Lease Purchase Private Seller Financing Other
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision 1761-1797 OLIVE STREET CONDO>
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Exterior
Parking Features Private Fenced Surface
Lot Features Adjoins - Open Space
Water Source Public
Type of Parking Parking Lot
Foundation Details Block Concrete Perimeter
Water View Y/N N
Building Area Total 4249.00
Waterfront Y/N N
Land Assessed Value 190300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1791
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* Excluded Features
List By
United Real Estate

Broker

jluisguzman04@gmail.com

Email

Affordability Calculator

$5,560
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$575
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

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1791 Olive Street, Capitol Heights, MD, 20743 is a Commercial Property for sale at $799,000 with 4,249 sqft. 1791 Olive Street was built in 1951. The property's zip code is 20743 which is in Capitol Heights, MD