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Caroline Boating Center 1 Commerce Ln 2,304 SF Retail Building Ridgely, MD 21660 $399,000 ($173.18/SF)
Investment Highlights
- Strong traffic counts and strategic location make this an ideal investment for continued marine operations, or repurposing to suit other venture
Executive Summary
Rare opportunity to acquire a highly visible commercial property with over 20 years of proven profitability as a marine dealership. Zoned C-2, this site offers flexible redevelopment or adaptive re-use potential for a wide range of businesses. The property includes a 32’ x 72’ building with 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.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,304 SF
Building Class
C
Year Built
2002
Price
$399,000
Price Per SF
$173.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.70 AC
Zoning
C3
Parking
6 Spaces (2.6 Spaces per 1,000 SF Leased)
About 1 COMMERCE LN , RIDGELY, MD 21660
Rare opportunity to acquire a highly visible commercial property with over 20 years of proven profitability as a marine dealership. Zoned C-2, this site offers flexible redevelopment or adaptive re-use potential for a wide range of businesses. The property includes a 32’ x 72’ building with service bay garages, approximately 600 +/- sqft. of office space, and a fenced storage yard.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-017979 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $209,133 |
Property Taxes
Parcel Number
07-017979
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$209,133
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Caroline Boating Center | 1 Commerce Ln