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5304 Sheriff Rd 3,531 SF 100% Leased Retail Building Capitol Heights, MD 20743 $2,400,000 ($679.69/SF)



INVESTMENT HIGHLIGHTS
- High traffic count
- 30 second walk to Washington DC line.
- Flexible Zoning (CGO)
- Located in Enterprise Zone - eligible for income tax and real property tax credits for job creation and investments.
EXECUTIVE SUMMARY
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 stones throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissable 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. Road frontage for the property is 80Feet. 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 FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,531 SF
Year Built
1919
Price
$2,400,000
Price Per SF
$679.69
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.23
Lot Size
0.36 AC
Zoning
CGO - Commercial, General and Office which is permissable for multifamily and nonresidential properties as well as businesses.
Parking
25 Spaces (7.08 Spaces per 1,000 SF Leased)
Frontage
80’ on Sheriff Rd
AMENITIES
- Bus Line
- Fiber Optic Internet
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-1993021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $388,367 |
PROPERTY TAXES
Parcel Number
18-1993021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$388,367
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5304 Sheriff Rd
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