Exceptional investment opportunity in Capitol Heights, Maryland. This fully leased ±16,500 SF multi-tenant flex/light industrial asset comprises two connected masonry buildings plus an adjacent ±7,000 SF lot conveying with the sale.
The property is 100% occupied by three tenants, with recent improvements completed in 2023. The property includes an ±8,500 SF warehouse featuring a mezzanine floor, 24' clear heights, and dock and drive-in loading, together with an ±8,000 SF flex building consisting of two suites. Additional features include ample on-site parking. Zoned I-1 (Light Industrial) on a ±46,174 SF site, the property is well suited for flex, distribution, warehouse, or light manufacturing use.
Strategically located immediately off Central Avenue with direct access to I-495/I-95 and Washington, DC. Limited small-bay industrial supply within this infill submarket supports long-term occupancy stability and value preservation. Ideal opportunity for investors, owner/users, or 1031 exchange buyers.
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Listing Snapshot
Price
$2,500,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
16,500 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.06 Acres
Year Built
1966
MLS® Number
MDPG2202608
Status
Active
Property Tax
$22,450
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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