5304 Sheriff Rd - Storefront Retail/Office FOR SALE


Capitol Heights, MD 20743
$2,400,000 USD
240-413-6252
5304 Sheriff Rd, Capitol Heights, MD for Sale
$2,400,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

5304 Sheriff Rd
Capitol Heights, MD 20743


HIGHLIGHTS

  • High traffic count
  • Flexible Zoning (CGO)
  • 30 second walk to Washington DC line.
  • Located in Enterprise Zone - eligible for income tax and real property tax credits for job creation and investments.

OVERVIEW

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 stones throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissable 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. Road frontage for the property is 80Feet. 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.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

CGO

APN/PARCEL ID

18-1993021

ASK ABOUT THIS PROPERTY

Keith HawkinsSamson PropertiesMore Info
240-413-6252

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

Keith HawkinsSamson PropertiesMore Info
240-413-6252

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