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1793 Olive Street

CAPITOL HEIGHTS, MD 20743
  • $833,000
  • STATUS: Active
  • ON SITE: 351 Days
  • ID#: MDPG2151102
UPDATED: 78 min ago
$833,000
  • 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 properties with loading dock industrial condo units 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 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, 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 demisedHard to find I-2 zoning for heavy industrial uses with abundant surface parkingOffer Summary,Unit 1789 4,307± SFUnit 1791 4,249± SFUnit 1793 3,622± SFTOTAL 12,178± SF Value/ $2,500,000 Income /$217,133.74 /Return = 9% (based on the current market, prices may change depending on the location and condition)Please don't disturb the tenant; all appointments must be confirmed. The buyer must do the due diligence before submitting an offer.PORTFOLIO PURCHASE OF ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00)

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©2026 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 AJ Team Realty | 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: 2026-04-21T13:56:16.817.
www.ajteamrealty.com/homes/163336462
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1793 Olive Street CAPITOL HEIGHTS, MD 20743

  • Price: $833,000
  • Status: Active
  • On Site: 351 Days
  • Updated: 78 min ago
  • ID#: MDPG2151102
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 properties with loading dock industrial condo units 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 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, 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 demisedHard to find I-2 zoning for heavy industrial uses with abundant surface parkingOffer Summary,Unit 1789 4,307± SFUnit 1791 4,249± SFUnit 1793 3,622± SFTOTAL 12,178± SF Value/ $2,500,000 Income /$217,133.74 /Return = 9% (based on the current market, prices may change depending on the location and condition)Please don't disturb the tenant; all appointments must be confirmed. The buyer must do the due diligence before submitting an offer.PORTFOLIO PURCHASE OF ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00)
Exterior Features

Construction Materials Block Garage YN No Lot Features Adjoins - Open SpacePrivateLevel Other Equipment None Parking Features PrivateFenced Parking Types Parking Lot Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3622.00 Cooling Central A/C Heating 90% Forced Air Heating YN Yes Inclusions The property is tenant occupied with a NNN lease until 2028 and will be subject to tenant lease terms. Net Square Feet 3622.00

Property Features

Acceptable Financing ConventionalCashSeller FinancingPrivateLease PurchaseOther Accessibility Features 2+ Access ExitsRamp - Main LevelOther Central Air YN Yes Cooling Fuel Electric Electric 3 Phases Foundation Details SlabConcrete Perimeter Heating Fuel Natural GasElectric Historic YN No Hot Water Natural GasElectric Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 1 Operating Expense Includes SewerParking Original MLSNumber 803823926362 Owner Pays None Ownership Interest Condominium Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 5885.00 Total Actual Rent 51000.00 Utilities PhoneNatural Gas AvailablePhone ConnectedSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2024 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 Pearson Smith Realty, LLC: .


©2026 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 AJ Team Realty | 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: 2026-04-21T13:56:16.817.
 
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