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 capitalize on rising industrial lease rates… Read More and shrinking industrial inventory, and 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 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( IVR) $76,800/833,000 = 9% CAP RATE Please do your own due diligence before considering making an offer. The buyer must verify all information before submitting an offer. PORTFOLIO PURCHASE OF ALL THREE PROPERTIES TOTAL PRICE OF ($2,500,000.00) Read Less
Courtesy of Jose L Guzman, Pearson Smith Realty, LLC 571-386-1075
Listing Snapshot
Days Online
335
Last Updated
Property Type
Commercial
Square Ft.
4,249
Year Built
1951
MLS Number
MDPG2151124
Additional Details
Building
Built in 1951, 1 storey, Construction Materials: Block, Brick
Cooling
Central A/C
Accessibility Features
>84" Garage Door, 48"+ Halls
Floors
Concrete
Foundation
Block, Concrete Perimeter
Heating
90% Forced Air
Lot
Adjoins - Open Space
Parking
Private, Fenced, Surface
Property
Average
Roof
Flat, Metal
Sewer
Public Sewer
Taxes
Annual Amount: $6,903, Year: 2024, Zoning: I2, Zoning description: In Prince George's County, Maryland, the I-2 Heavy Industrial Zone allows for highly intensive industrial and manufacturing uses
Utilities
Natural Gas Available, Cable TV, Electric Available, Phone Connected, Water Source: Public, 3 Phases
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