601 & 605 EASTERN AVE NE Capitol Heights, MD 20743
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,336 sqft
Price per Sqft $107
Subdivision Capitol Heights
MLS Listing ID MDPG2156166
Year Built 1969
Annual Tax Amount $8,931
Tax Year 2024
Lot Size 6,500 Sqft
Acres 0.15
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The property at 601 Eastern Avenue is a ±6,336-square-foot, two-story building with a mix of office and residential configurations. The existing floor plans support a variety of potential uses including medical office, professional services, or creative workspace, along with apartment-style rooms that could be converted or leased. Currently zoned CGO (Commercial General Office), the building features multiple entrances for future tenants, and open interior space for a large or small office tenants. The structure was originally built in 1969 and, while well-maintained, it is in need of cosmetic and systems upgrades, making it a true value-add opportunity for a hands-on investor or developer.
Included in the offering is 605 Eastern Avenue, a 9,705-square-foot vacant residentially zoned lot (RSF65) directly adjacent to the main structure. With street frontage and over 0.22 acres of land, this lot offers flexible development options—whether as additional parking, future multifamily or residential construction, or green space to enhance tenant experience.
Capitol Heights and the neighboring Fairmount Heights community are experiencing increased investor interest due to their proximity to the D.C. line, accessible transit options, and relatively affordable acquisition costs. Local home values are trending upward, with strong rental demand driven by families, professionals, and small businesses seeking more space at a lower price per square foot than in the district. The nearby Addison Road-Seat Pleasant Metro Station provides direct access to downtown D.C., while the Eastern Avenue corridor continues to attract new development activity and municipal attention.
This dual-parcel and build acquisition provides a rare opportunity to invest in a mixed-use asset with clear operational upside and long-term redevelopment potential. Whether used as a cash-flowing commercial building with added land value or for a business owner seeking a new space, 601 & 605 Eastern Avenue offers flexibility, scale, and strategic location.
Location
State MD
County Prince Georges
Zoning CGO
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Concrete, Partially Carpeted
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Utilities Available Electric Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Shingle
Street Surface Access - On Grade
Accessibility None
Road Frontage Public
Total Parking Spaces 10
Garage N
Building
Lot Description Additional Lot(s)
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17182107092
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange, FHA 203(k), FHA
Listing Terms Cash, Conventional, Exchange, FHA 203(k), FHA
Financing Cash,Conventional,Exchange,FHA 203(k),FHA
Special Listing Condition Standard
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+1(410) 409-5147 | missy@millerteam.com