6118 Old Central Ave - Warehouse FOR SALE


Capitol Heights, MD 20743
$2,300,000 USD
202-991-2627
6118 Old Central Ave, Capitol Heights, MD for Sale
$2,300,000 USD
Warehouse - FOR SALE
1/12
null | 8.43% Cap Rate

6118 Old Central Ave
Capitol Heights, MD 20743


HIGHLIGHTS

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

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

8.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

UTILITIES

Lighting - Incandescent, Gas - Natural, Water - County, Sewer - County, Heating - Oil (Fired)

CLEAR CEILING HT

20 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.02

LAND SF

44,431

ZONING

RSF-65(Auto Service U&O)

APN/PARCEL ID

18-2005395,18-2005403,18-2005411

ASK ABOUT THIS PROPERTY

Derrick CohenGreysteel HoldingsMore Info
202-991-2627

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Derrick CohenGreysteel HoldingsMore Info
202-991-2627

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