502 Factory Ave - Industrial FOR SALE
Ridgely, MD 21660 |
301-370-7425
502 Factory Ave
Ridgely, MD 21660
HIGHLIGHTS
- 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 to Hanover Foods on a month-to-month basis for $22,000 with triple net (NNN) terms, 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.
- Caroline County’s economy is largely driven by the industrial sector, and about 33% of the county’s GDP in 2022 came from goods-producing industries.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
16 AC and Existing Buildings 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
-
ASK ABOUT THIS PROPERTY
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301-370-7425
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301-370-7425
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