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502 Factory Ave
Ridgely, MD 21660

Price Upon Request

Industrial For Sale  •  128,704 SF

Property Details

  • Property Type Industrial
20 Transit Score
30 Walk Score

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.
Ted Kroos 301-370-7425 Friend Commercial Real Estate
Ted Kroos 301-370-7425 Friend Commercial Real Estate