Commercial Property with Redevelopment
For Sale
$399,000
1 COMMERCE Ln, Ridgely, MD 21660
Highly visible commercial property with redevelopment potential in Ridgely, MD.
Property SizeContact for details
Lot Size0.70 Acres
Days on Market266
Property Features for 1 COMMERCE Ln
General Information
Standard status
Active
Lot size
0.70 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$3,136
Building Details
Year Built
2002
Listing Agency:
(410) 253-2484
Listed By:
Peter A Stark
(410) 253-2484
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 19
Last Checked: Aug 21 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Peter A Stark
Investment Insights
Based on property information with market context.
This commercial property presents a rare opportunity, having operated profitably as a marine dealership for over 20 years. Zoned C-2, the site allows for flexible redevelopment or adaptive re-use, accommodating a wide range of businesses. The property features a 32 x 72 building with service bay garages and approximately 600 square feet of office space. A fenced storage yard is also included. The location benefits from strong traffic counts, making it suitable for continued marine operations or repurposing for other commercial ventures.
Key Highlights
- Proven profitability as a marine dealership for over 20 years.
- Zoned C‑2, offering flexible redevelopment or adaptive re‑use potential.
- Strategic location with strong traffic counts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21660, MD
3,927
Population
1,571
Households
2.5
Avg Household Size
41
Median Age
17%
College-Educated
88%
High-School Grad
32.7 sq mi
ZIP Area
120
Density / Sq Mi
$76,917
Median Household Income
$39,785
Median Earnings
$1,008
Median Rent
$322,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - Highly visible commercial property with redevelopment potential in Ridgely, MD.
Where is this automotive property located?
The property is located at 1 COMMERCE Ln Ridgely, MD.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Proven profitability as a marine dealership for over 20 years.; Zoned C‑2, offering flexible redevelopment or adaptive re‑use potential.; Strategic location with strong traffic counts.
