116 Ritchie Rd - Freestanding FOR SALE


Capitol Heights, MD 20743
$1,500,000 USD
703-297-4251
116 Ritchie Rd, Capitol Heights, MD for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

116 Ritchie Rd
Capitol Heights, MD 20743


OVERVIEW

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. It’s 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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,815 SF

ZONING

IE

APN/PARCEL ID

13-1536028

ASK ABOUT THIS PROPERTY

Sarah Reynolds OjiReynolds EmpowerHome TeamMore Info
703-297-4251

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Sarah Reynolds OjiReynolds EmpowerHome TeamMore Info
703-297-4251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.