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502 Factory Ave

129,163 SF Industrial Building Ridgely, MD 21660 £2,934,188 (£23/SF)

Investment Highlights

  • Close to the Bay bridge, public water, lease or sale, available immediately.

Executive Summary

This property was the former Hanover Foods distribution site, currently vacant, Multiple buildings have the refrigeration/ freezer capabilities. Dry storage is also an option (please see the building layout plan). ***8.1 Mega Watts of Power available to this property*** Public water and sewer and two well's are also located on the property.

Attachments

502 Factory Ave_240708 (1)

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Price £2,934,188 Rentable Building Area 129,163 SF
Price Per SF £23 Number of Floors 1
Sale Type Investment or Owner User Year Built/Renovated 1968/1980
Sale Conditions
1031 Exchange
  • Tenants option to buy property
  • Development Sale
  • Shell & Core
 Tenancy Single
Property Type Industrial Parking Ratio 0.77/1,000 SF
Property Subtype
Refrigeration/Cold Storage
  • Industrial Food Processing
  • Industrial Manufacturing
  • Industrial Warehouse
 Clear Ceiling Height 29 ft
Building Class C No. Dock-High Doors/Loading 5
Lot Size 9.15 AC Level Access Doors 2
Price £2,934,188
Price Per SF £23
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Tenants option to buy property
  • Development Sale
  • Shell & Core
Property Type Industrial
Property Subtype
Refrigeration/Cold Storage
  • Industrial Food Processing
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 9.15 AC
Rentable Building Area 129,163 SF
Number of Floors 1
Year Built/Renovated 1968/1980
Tenancy Single
Parking Ratio 0.77/1,000 SF
Clear Ceiling Height 29 ft
No. Dock-High Doors/Loading 5
Level Access Doors 2

Amenities

  • Cooler
  • Fenced Lot
  • Floor Drains
  • Freezer (Space)
  • Yard
  • Storage Space

Utilities

  • Lighting
  • Water - City
  • Sewer - City
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 129,163 SF
  • Industrial
  • Full Build-Out
  • Now

The was the Hanover Foods distribution site, currently vacant, several buildings have the refrigeration, freezer capabilities. Dry storage is also an option (please see the building layout plan).

Space Size Space Use Condition Available
1st Floor 129,163 SF Industrial Full Build-Out Now

1st Floor

Size
129,163 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 129,163 SF
Space Use Industrial
Condition Full Build-Out
Available Now

The was the Hanover Foods distribution site, currently vacant, several buildings have the refrigeration, freezer capabilities. Dry storage is also an option (please see the building layout plan).

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PROPERTY TAXES

Parcel Number 07-007558 Improvements Assessment £913,432
Land Assessment £262,590 Total Assessment £1,176,022

PROPERTY TAXES

Parcel Number
07-007558
Land Assessment
£262,590
Improvements Assessment
£913,432
Total Assessment
£1,176,022

zoning

Zoning Code I-2 (Industrial)
I-2 (Industrial)
(301) 370-7425

Contacts

  • Listing ID: 28815789

  • Date on Market: 21/06/2023

  • Last Updated:

  • Address: 502 Factory Ave, Ridgely, MD 21660

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502 Factory Ave, Ridgely, MD for sale Building Photo- Image 1 of 14
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Main Building (Front)
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Building Photo

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© 2024 CoStar Group

502 Factory Ave
(301) 370-7425 x

502 Factory Ave

1/2

Ted Kroos

(301) 370-7425

(301) 370-7425

John Friend

(301) 356-5392

(301) 356-5392

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