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1 Commerce Lane Ridgely, MD $ 399,000
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$ 399,000 Get more info
1 Commerce Lane
$ 399,000
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Share Save

1 Commerce Lane

Ridgely, MD, 21660
$ 399,000
Bedrooms-- Baths-- Sq 2,304

Monthly Estimate*

$ 2,489

1 Commerce Lane, Ridgely, MD 21660 - Image 1
1 Commerce Lane, Ridgely, MD 21660 - Image 2
1 Commerce Lane, Ridgely, MD 21660 - Image 3
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Commercial Property for sale in Ridgely, MD

for $399,000. This 2,304 square foot building was built in 2002 on a lot size of 0.7.

Rare opportunity to acquire a highly visible commercial property with over 20 years of proven profitabilityas a marine dealership. Zoned C-2, this site offers flexible redevelopment or adaptive re-use potentialfor a wide range of businesses. The property includes a 32 x 72 buildingwith service bay garages, approximately 600 +/- sqft. of office space, and a fenced storage yard. Strong traffic counts and strategic location make this an ideal investment for continued marine operations, or repurposing to suit other commercial ventures.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 3,136

Style

Lot Size

0.7

Year Built

2002

Town/City

Ridgely

County/Region

Caroline

MLS | Web ID

MDCM2006272
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Settlement
Zoning C-3
Construction Materials Metal Siding
Year Built 2002
View Street
Property Subtype Mixed Use
Tax Year 2024
Current Use Professional Service Storage Yard Other
Cool Fuel Electric
Municipality Ridgely
Business Type Other
Accessibility None
Business Name Caroline Boat Works
County CAROLINE
New Construction N
Property Type Business Opportunity
Subdivision Name NONE AVAILABLE
Water Access Y/N N
Status ACTIVE
Directions MD 480 E Ridgely Rd. to Commerce Ln. on left.
City RIDGELY
Lot Size Units Square Feet
Lot Size Square Feet 30701.00
Tax Annual Amount 3136.0
Price Per Sq Ft Total AG 173.18
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 2304.00
Lot Size Acres 0.70
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 127100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1
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* Excluded Features
List By
Benson & Mangold, Llc

Broker

peter@chesapeakebayproperties.com

Email

Affordability Calculator

$2,751
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$261
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/5/2025$399,000 Listed Price

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1 Commerce Lane, Ridgely, MD, 21660 is a Commercial Property for sale at $399,000 with 2,304 sqft and a lot size of 0.7. 1 Commerce Lane was built in 2002. The property's zip code is 21660 which is in Ridgely, MD

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