For Sale
$1,800,000

4945-4947 Marlboro PikeCapitol Heights, MD 20743

High-return multifamily & retail, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 6,748 square foot property situated on a 1.65-acre lot in Capitol Heights, Maryland. The property, located at 4945-4947 Marlboro Pike, is zoned C-N (Commercial Neighborhood) and boasts a diverse tenant mix currently achieving 100% occupancy. The offering includes a 4,348 square foot retail strip center housing a barber shop, liquor store, and restaurant, along with a 2,400 square foot multifamily building. Ample parking is provided with 80 surface spaces. Built in 1951, this property presents a strong cash flow with significant upside potential. The asking price is $1,800,000. This prime location in the Pennsylvania Avenue Corridor offers convenient access to major transportation routes and a thriving local community. The property's strong tenant base and high occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the Maryland commercial real estate market. The substantial lot size also presents opportunities for future development or expansion. Don't miss this chance to acquire a well-established, income-producing asset in a desirable location.

Highlights

  • Approximately 6,748 square feet total building area.
  • Retail and multifamily use.
  • 1.65-acre lot.
  • 4,348 square foot retail strip center with barber shop, liquor store, and restaurant.
  • 2,400 square foot multifamily building.
  • 80 surface parking spaces.

Property Details for 4945-4947 Marlboro Pike

Property type
Retail properties, Apartment buildings
Square Feet
6,748 SF
Year Built
1951
Lot Size (sq. ft)
71,874 SF

Location Insight

City
Capitol Heights
County
Prince George's
State
Maryland
Latitude
38.8711232
Longitude
-76.9238939
4945-4947 Marlboro Pike, Capitol Heights, Maryland

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4945-4947 Marlboro Pike
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