202-536-3742
601 Eastern Ave NE, Capitol Heights, MD for Sale
Medical - FOR SALE
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601 Eastern Ave NE
Capitol Heights, MD 20743


HIGHLIGHTS

  • Mixed-use office and multifamily property with immense potential for savvy developers and investors in a Washington, DC, suburb.
  • Offering speedy access with direct connections to Interstate 495, US Route 50, Maryland Route 214, and close to Interstate 95.
  • Partially occupied property allows buyers to lease up at market rates to yield a higher net operating income.
  • Broad on-site zoning permits many potential uses depending on new ownership’s unique vision for the asset.
  • Public transit-oriented location less than 1 mile from the Addison Road Metro and situated at the Maryland and Washington, DC, line.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastern Avenue Mixed-Use Building and Land

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

CO

APN/PARCEL ID

18-2107092

ASK ABOUT THIS PROPERTY

Lorenzo WootenMarcus & MillichapMore Info
202-536-3742

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Lorenzo WootenMarcus & MillichapMore Info
202-536-3742

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