301-370-7425
502 Factory Ave, Ridgely, MD for Sale
Industrial - FOR SALE
1/33
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502 Factory Ave
Ridgely, MD 21660


HIGHLIGHTS

  • Versatile investment opportunity offering existing industrial with in-place income, as well as significant redevelopment or expansion potential.
  • Seven main buildings and outbuildings, totaling 128,704 square feet, with warehouses, a refrigerated building, manufacturing buildings, and an office.
  • Situated on an approximately 16-acre site across five parcels with ample parking and outside storage space, plus rare access to 8 megawatts of power.
  • Buildings 5 and 6 are leased on a year-to-year basis for $22,000 with triple net (NNN) terms with one year opt, minimizing landlord responsibilities.
  • Zoned I-2, permitting uses such as warehousing, light manufacturing, fabrication, wholesale distribution, storage, packaging, and more.
  • Excellent location for regional transport between the DMV and Delaware, with the ability to reach most Mid-Atlantic markets in two to four hours.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16.13AC- Value-Add -Ind 7 Bldgs w/income

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

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STORIES

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YEAR BUILT

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UTILITIES

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CLEAR CEILING HT

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DOCKS

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DRIVE INS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

Ted KroosFriend Commercial Real EstateMore Info
301-370-7425

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Ted KroosFriend Commercial Real EstateMore Info
301-370-7425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.