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 unbeatableâjust minutes from Washington DC and major beltways, with constant traffic flowing through the area. Itâs 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.
Sited in a qualified census tract these 1.81 acres of CGO zoned land, can be developed as upto 86 market rate residential units as well as upto 110 affordable residential units, are steps from the D.C./MD line in Prince Georges County. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top architectural firms in the county, for an affordable (LIHTC) execution, that can all be provided to assist with due diligence. Aside from the residential execution, numerous retail, office & mixed use executions are allowable by right within the CGO zone. Land of this size/density & location does not come to market often so call your agent & capitalize on the booming growth of Prince Georges County. 5302 & 5326 Sheriff rd are part of this offering - 3 parcels together totaling the 1.81 acres. Offers due Friday, 11/15/24
This is an exceptional opportunity to own a well-established commercial business nestled within a thriving residential community, just minutes from Washington, D.C., and conveniently close to the I-495 Beltway. For multiple decades, this location has operated as a trusted auto repair and body shop, making it an ideal choice for continuing in the auto industryâwhether itâs auto body, repair, parts, or even bringing your unique business vision to life. The owner is motivated and most tools and equipment convey, allowing you to step in and hit the ground running. Donât miss out on this prime location with a history of success and strong community ties.
BEAUTIFUL PROPERTY, ZONED COMMERCIAL FOR MIXED USES. VERY WELL LOCATED, CLOSE TO WASHINGTON DC AND OTHER MAJOR ROADS. PLEASE CALL LISTING AGENT FOR ANY QUESTIONS. LISTING AGENT HAS FINANCIAL INTEREST OM THE PROPERTY
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 stone's throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissible 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. 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. Property is in an Enterprise Zone - The Maryland Department of Commerce (COMMERCE) identifies and maintains boundaries where business may be eligible for income tax and real property tax credits for job creation and investments. Businesses may be eligible for the following tax credits: real property tax credits and income tax credits.
Showings only on the weekend, Please do not disturb the business during the week! Please contact Listing agent to schedule a weekend appointment.. Great opportunity to own a auto service center in excellent condition on a highly traveled main road within steps of a metro subway. It Provides a 4 bay garage that offers 5000 Sq Ft, 7 car lifts, brand new alignment machine, office space, multiple rest rooms and one shower along with generous parking. Just 3 Minutes from DC and 5 Minutes from Capitol Beltway Route 495. Owner occupied, CM -Zoning COMMERCIAL MISCELLANEOUS . Again please do not disturb business. Please contact Listing agent to schedule a weekend appointment. Thank you.
Capitol Heights is located in Maryland. Capitol Heights, Maryland has a population of 4,083. Capitol Heights is less family-centric than the surrounding county with 22.81% of the households containing married families with children. The county average for households married with children is 26.76%.
The median household income in Capitol Heights, Maryland is $85,104. The median household income for the surrounding county is $91,124 compared to the national median of $69,021. The median age of people living in Capitol Heights is 40.6 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 43.8 inches per year, with 13.3 inches of snow per year.
