What is the asking price for 116 Ritchie Rd?

The lease rate for space here is Contact for pricing.

What is the total size of 116 Ritchie Rd?

The property has a total square footage of 6,316 SF.

When was this property built?

116 Ritchie Rd was built in 1963.

How many parking spaces are available at 116 Ritchie Rd?

Parking information for the property isn't currently listed. However, other nearby parking options include Morgan Boulevard Metro Station Parking, located 0.50 miles away , and Downtown Largo Metro Station Parking, which is 1.18 miles away.

116 Ritchie Rd, Capitol Heights, MD 20743

For Sale $2,200,000
Property Type Retail - Freestanding
Property Size 6,316 SF
Units 1
Lot Size 0.38 Acre
Building Class C
Year Built 1963
Date Updated Jul 7, 2026

Description

Prime location for retail/investment with easy access to major transportation routes, including I-495 and I-95, the area offers exceptional connectivity for moving goods and materials. Situated in close proximity to Northwest Stadium and the Blue/Silver Line Metro Stations (Downtown Largo, Addison Road, and Morgan Boulevard), the site provides convenient transportation options for employees and clients.6,316 ± SF Freestanding Retail | Investor Opportunity

Highlights

0.34 Acres of Land
6,316 ± SF Freestanding Retail for Lease
Active Sector Plan Underway — A new Central Avenue–Blue/Silver Line Sector Plan, authorized in 2023, covers the immediate area — positioning properties within the boundary for enhanced entitlements and increased development capacity.
Great visibility - Traffic Counts total 22,265 vpd
Incentive Stacking Potential — County-aligned TIF eligibility, New Markets Tax Credits, and New Jobs Tax Credits can be layered through public-private partnerships for maximum project feasibility at this address.
Job Growth Priority Corridor — Plan 2035 targets Inner Beltway communities along Central Avenue for job growth and business investment, directing EDC resources and business attraction programs to this corridor.
Located within a Prince George's County designated Redevelopment Zone
Long term credit tenant in place (25 yrs)
Parking Ratio - 1.58/1,000 SF
Regional Transit District Proximity — Plan 2035 designates the Blue/Silver Line corridor with three Metro stations nearby as a Regional Transit District and priority growth center, focusing County investment and zoning flexibility on this exact geography.
SALE PRICE: $2,200,000.00
Zoned I-E (Industrial Employment)