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$450,000

3beds
|
1baths
|
1,370sqft
|
1880built
506 Central Ave,Ridgely, MD 21660

Est.$2,959/moCustomize payment

What's special

Just listed

On the market for 0 days

$328/sqft

Price per square foot

Built in 1880

146 years old

Overview

First time available in many years! This exceptional double lot on Main Street in Ridgely presents a rare investment and development opportunity. Situated at a highly visible, high-traffic intersection, the property is ideally positioned for future commercial use. With the town's new comprehensive plan drafting, the current owners have requested a commercial zoning overlay for the parcel, creating exciting potential for a business site in a growing area. Whether you're an investor, developer, or entrepreneur, this is a unique chance to secure a prominent location with significant future upside...

Listing updated: June 10, 2026 at 10:00 AM

Listed by:

Allie Harris 410-310-2670, Taylor Properties

Source: Bright MLS · MLS #MDCM2007440Bright MLS

Property details

Cost estimate

Est. monthly payment

$2,719/mo
Principal & interest
$2,359
Property tax
$210
Home insurance (est.)
$150

Down payment

$90,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($90,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
Jun 9, 2026Listed for sale$450,000

Location

506 Central Ave, Ridgely, MD 21660

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$450,000

3 beds · 1 baths · 1,370 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/14/2026.