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20019223
20019229

502 Factory Ave, Ridgely, MD 21660

TK
MD 310309, DC DC BR200201202 (+1)
Friend Commercial Real Estate
JF
MD 600151
Friend Commercial Real Estate
Listed by Friend Commercial Real Estate
$3,950,000
624 days on market
Updated 24 days ago

502 Factory Ave.

Details
Property Type Industrial
Sub Type Warehouse, Refrigerated/Cold Storage
Square Footage 129,163
Tenancy Vacant
Price per SqFt $31
Broker Co-Op No
Class C
Year Renovated 2012
Buildings 7
Stories 1
Acreage 4.616 - 9.679
Zoning I-2
Investment Type Owner/User
Occupancy Date 10/30/2024
Ceiling Height 18-30
Loading Docks 5
Ownership Fee Simple

129,163 SF Industrial (Seven Buildings) Public & Well Water, 8 Megs of Power on 14.6 Acres of I-2

Marketing description

Introducing a prime industrial property offering in 502 FACTORY AVE, RIDGELY, MD 21660. Boasting over 129,000 +/- sqft of industrial space spread across seven buildings, this versatile site presents a range of opportunities for potential owners. With a zoning of I-2, the property features cold storage warehouses, multiple offices, and ample parking for trucks and employees. The buildings range from approximately 9,000 sqft to 30,000 sqft each, providing flexibility for various business needs. Buildings 1, 2, 3, and 6 are refrigerated, catering to specialized storage requirements. Additionally, there are outbuildings offering further space for storage or operations. The property sits on approximately 9.679 acres, with the option to expand with an additional 4.616 acres. Offered for sale or lease at a reduced asking price of $3,950,000, this industrial complex is ideal for warehousing, food production, or manufacturing. Don't miss this opportunity to invest in a well-equipped industrial property with vast potential.

Investment highlights

  • Industrial buildings totaling approximately 129,163 sqft – Zoned I-2
  • ± 9.679 acres - with additional ± 4.616 acres available
  • Cold storage warehouses, 2 warehouses, 2 offices and multiple manufacturing/food areas
  • Potential for warehousing, food production, truck court parking, truck scale, and freezer building with some food equipments still in place – 8 Mega watts of power
  • Buildings 1, 2, 3, and 6 (approx. 71,164 sqft) are refrigerated
  • Asking Price: $3,950,000 (PRICE REDUCTION!!)

Listing Contacts

TK
MD 310309, DC DC BR200201202 (+1)
Friend Commercial Real Estate
JF
MD 600151
Friend Commercial Real Estate
Listed by Friend Commercial Real Estate

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Additional Information

Name
Ted Kroos
License
310309
Brokerage Address
8436 Veterans Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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