• Broker Brandon Cardwell 2023186800
  • Broker LaMarr Datcher 2023186800
  • Broker Hannah McCann 2023186800
  • Broker Josh Feldman 2023186800
  • Broker Ian Ruel 2023186800

4945-4947 Marlboro Pike 6,057 SF 100% Leased Retail Building Capitol Heights, MD 20743 $1,650,000 ($272.41/SF)

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INVESTMENT HIGHLIGHTS

  • • Mixed-Use Property with 4 Street-Level Retail Units & 3 Multifamily Units
  • • Additional Development Potential | 1.65-Acre Lot Allows for Added Density
  • • Situated Along a Main Thoroughfare Connecting Maryland and Washington, D.C.
  • • Delivered 100% Leased | Primary Retail Tenant in Operation for 30+ Years
  • • Adjacent to a Signalized Intersection with Prominent Retail Signage & On-Site Parking

EXECUTIVE SUMMARY

Feldman Ruel is pleased to offer for sale a 6,057-SF fully occupied mixed-use property located on a 1.65-acre lot within a five-minute drive of the Washington, D.C. border. The subject property includes four retail tenants, Salon Latino Jessy's, Mi Pueblo by Big Papa, Strictly Business Barber Shop and Salon, and CD Liquors. Additionally, the subject property features three occupied multifamily units, one studio unit, one one-bedroom/one-bathroom unit, and one two-bedroom/one bathroom unit. This offering represents a diversified investment opportunity with seven income-generating units along a major thoroughfare connecting Prince George’s County and Washington, D.C.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
  • Storefront Retail/Residential
  • General Retail Convenience Store
  • General Retail Storefront
Storefront Retail/Residential
Building Size
6,057 SF
Building Class
C
Year Built
1951
Price
$1,650,000
Price Per SF
$272.41
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.65 AC
Zoning
CN - Commercial Neighborhood
Parking
80 Spaces (13.21 Spaces per 1,000 SF Leased)
Frontage
90’ on Marlboro Pike

AMENITIES

  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Cd Liquor
  • -
  • -
  • -
  • -
  • Justine & Grace Choe
  • -
  • -
  • -
  • -
  • Mahek 117 Inc
  • Public Administration
  • -
  • -
  • -
  • Nara Enterprises Inc
  • Retailer
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Papa’s Pizza opened on June 2nd, 1971 at the corner of W. 11th and Chambers in Eugene by Wayne and Maxine Weber. Both of their children have been involved, their daughter still owns the two Eugene locations and when their son retired the other three locations became management owned. They got their name when the founder told his wife that he was planning to open a pizza parlor. The told him “you better name it Papa’s because Mama won’t have anything to do with it”. They all take great pride in the family atmosphere that has been created over the years in their pizza parlors. It is their commitment to support the community with fundraising for non-profit organizations, schools, churches and those with medical needs. They currently operate pizza parlors in Eugene, Springfield, Corvallis, and Beaverton. All locations have covered play areas, banquet facilities and offer free delivery. They use quality ingredients, mix their dough daily, and purchase locally whenever possible.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Cd Liquor - - - -
Justine & Grace Choe - - - -
Mahek 117 Inc Public Administration - - -
Nara Enterprises Inc Retailer - - -
Accommodation and Food Services - - -

LINKS

  • Download the Offering Memorandum

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Larchmont Ave Heath St, NE 7,274 2025 0.07 mi
Marlboro Pike Nova Ave, SE 24,228 2025 0.07 mi
Marlboro Pike Glacier Ave, W 10,088 2025 0.17 mi
Pacific Avenue Marlboro Pike, N 352 2025 0.21 mi
Capitol Heights Blvd Heath St, NE 1,979 2024 0.21 mi
Capitol Heights Boulevard Heath St, NE 1,961 2025 0.22 mi
Boundry Ave Pistachio Ln, N 3,223 2023 0.28 mi
Benning Road - 7,958 2025 0.30 mi
Benning Road Drum Ave, NW 8,507 2025 0.32 mi
Pacific Avenue - 376 2025 0.32 mi

PROPERTY TAXES

Parcel Number 06-0478750 Improvements Assessment $812,300
Land Assessment $345,800 Total Assessment $1,158,100

PROPERTY TAXES

Parcel Number
06-0478750
Land Assessment
$345,800
Improvements Assessment
$812,300
Total Assessment
$1,158,100

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 35351684

  • Date on Market: 4/2/2025

  • Last Updated: 5/21/2025

  • Address: 4945-4947 Marlboro Pike, Capitol Heights, MD 20743