Capitol Heights MD Real Estate & Commercial for Sale

We are pleased to exclusively represent the owners of 601 & 605 Eastern Avenue in Capitol Heights, Maryland - a compelling mixed-use investment offering comprised of an income-generating commercial/office building and an adjacent vacant lot, both situated in the municipality of Fairmount Heights. This is a unique opportunity to acquire 6,336 SF mixed-use property with significant upside through renovations, and strong long-term value and purchase an adjacent .22 acre parcel with redevelopment potential, in an improving Prince Georges County submarket just minutes from Washington, D.C. The property at 601 Eastern Avenue is a ±6,336-square-foot, two-story building with a mix of office and residential configurations. The existing floor plans support a variety of potential uses including medical office, professional services, or creative workspace, along with apartment-style rooms that could be converted or leased. Currently zoned CGO (Commercial General Office), the building features multiple entrances for future tenants, and open interior space for a large or small office tenants. The structure was originally built in 1969 and, while well-maintained, it is in need of cosmetic and systems upgrades, making it a true value-add opportunity for a hands-on investor or developer. Included in the offering is 605 Eastern Avenue, a 9,705-square-foot vacant residentially zoned lot (RSF65) directly adjacent to the main structure. With street frontage and over 0.22 acres of land, this lot offers flexible development options-whether as additional parking, future multifamily or residential construction, or green space to enhance tenant experience. Capitol Heights and the neighboring Fairmount Heights community are experiencing increased investor interest due to their proximity to the D.C. line, accessible transit options, and relatively affordable acquisition costs. Local home values are trending upward, with strong rental demand driven by families, professionals, and small businesses seeking more space at a lower price per square foot than in the district. The nearby Addison Road-Seat Pleasant Metro Station provides direct access to downtown D.C., while the Eastern Avenue corridor continues to attract new development activity and municipal attention. This dual-parcel and build acquisition provides a rare opportunity to invest in a mixed-use asset with clear operational upside and long-term redevelopment potential. Whether used as a cash-flowing commercial building with added land value or for a business owner seeking a new space, 601 & 605 Eastern Avenue offers flexibility, scale, and strategic location.

â?¢ A 13,455 SF multi-tenant industrial asset on 1.02 acres, featuring a combination of warehouse, office, and IOS. â?¢ Partially occupied with vacant units and IOS - suitable for an owner/user or value-add investor. â?¢ Located in Capitol Heights, MD with easy access to I-495, Route 50, and I-295, connecting to Washington, DC, and major regional transportation hubs. â?¢ Each auto service unit and tow yard has an active Non-Conforming Use Permit, which remains valid and transferable as long as the leased space does not remain vacant for more than 180 days. â?¢ The property has been subdivided into individual lots providing for flexible repositioning through the sale of individual units.

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. *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* This unit has the potential for a rental income of $86,140 annually, based on the area rental estimates of $20 per SF, X 4,307 SF = 86,140.00 CAP RATE of 10% Sister buildings are also listed on the MLS, with the MLS ID MDPG2151102. MDPG2151124

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.

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.

This unique mixed-use property, with its commercial (office and retail) and residential zoning, offers a range of possibilities, making it an excellent investment opportunity.

This is a rare opportunity to secure a prime business location at the corner of Central Ave and Ritchie Rd in Capitol Heights. The building itself, spanning 6,316 sq ft on a .34-acre lot, offers incredible versatility. Whether you're looking to start a new business, relocate, or create a steady stream of passive income, this property is a perfect canvas for your vision. The location is simply unbeatable-just minutes from Washington DC and major beltways, with constant traffic flowing through the area. Its not just about the square footage or the convenient parking and loading dock. It's about the endless potential this space offers under its (IE) Industrial Employment zoning. From light industrial development to research and beyond, this space is ready to be transformed into something truly special.

Back on market. Sited in a qualified census tract these 1.81 acres of CGO zoned land, can be developed as upto 86 market rate residential units as well as upto 110 affordable residential units, are steps from the D.C./MD line in Prince Georges County. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top architectural firms in the county, for an affordable (LIHTC) execution, that can all be provided to assist with due diligence. Aside from the residential execution, numerous retail, office & mixed use executions are allowable by right within the CGO zone. Land of this size/density & location does not come to market often so call your agent & capitalize on the booming growth of Prince Georges County. 5302 & 5326 Sheriff rd are part of this offering - 3 parcels together totaling the 1.81 acres.

DO NOT DISTURB THE FAMILY OR ACCESS THE PROPERTY. All viewings will be scheduled with the listing agent after an offer has been presented. Literally a stone's throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissible for multifamily and nonresidential properties as well as businesses. The existing property consists of 7 bedrooms, 4 full bathrooms, living and dining rooms, brick fireplace and a large eat-in kitchen with an oversized storage room. The property has like new hot water heater and windows all around with a large basement and a huge storage room. An additional connected brick building on the property with its own front and back entrance and brick terrace around the back offers' potential for additional rental income. There is also a 24X24 storage house with 2 windows that can be negotiated with the sale. Tear down and rebuild the current structure(s) and build your own multi-unit or commercial business. Property is in an Enterprise Zone - The Maryland Department of Commerce (COMMERCE) identifies and maintains boundaries where business may be eligible for income tax and real property tax credits for job creation and investments. Businesses may be eligible for the following tax credits: real property tax credits and income tax credits.