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$124,990 -$15,000 (-10.72%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
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Investors Alert! Great potential here for a wide variety of uses. Business downstairs and rent the upstairs residential area earning additional income. Being sold strictly "as is" but the potential for an office or small business on the first level and the residential part with two bedrooms on the second level makes this a perfect fit for the business owner to either live upstairs or rent the upstairs while the lower level is used for a business. A good carryout business, crafts and florist business, fresh farmers produce stand, ice cream parlor and/or sweets shoppe could all be fantastic in this location -- great size and centrally located in the beautiful town of Ridgely -- known for its strawberry festival, car shows, parades, and other community events. Call today to schedule your showing. Needs work but the potentials are there. Bring your vision and bring it to life here!!!

Full Property Details for 7 Central Ave

General

  • Price: $124,990
  • Taxes: $1,297 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDCM2006766
  • Updated: 9/16/2026
  • Added to Site: 230 day(s) ago

Business

  • Business Type: Other/General Retail, Professional, Other

Parking

  • Total Spaces: 6
  • Parking Type: On Street

Location

  • Municipality: Ridgely
  • County: CAROLINE
  • Driving Directions: Go to Ridgely Town Hall on Central Ave and this property is directly across the street.
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available

Structural Information

  • Construction: Frame
  • Building Size: 2079
  • Year Built: 1900
  • Year Built Source: Assessor
  • Property Condition: Major Rehab Needed

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,495
  • Lot Size Source: Assessor
  • Zoning: C2
  • Lot Description: Level, Rear Yard

Financial Considerations

  • Price Per Sq. Ft.: $60.12
  • Assessment Year: 2025
  • City/TownTax: $400
  • City/TownTax Freq: Annually
  • County Tax: $897
  • County Tax Freq: Annually
  • Tax w/Assessment: $86,067
  • Tax Amount: $1,297
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: all building supplies on the property at time of contract.
  • Investment: Yes

Listed by Long & Foster Real Estate, Inc., Bonnie L Duley

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Listing agent

— 7 Central Ave —

  • Bonnie L Duley

    Long & Foster Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7 Central Ave

School District:Caroline County Public Schools, Denton, MD
NameGradesDistance
Ridgely Elementary School
118 North Central Avenue, Ridgely, MD 21660
PK-50.3 mi
Lockerman Middle School
410 Lockerman Street, Denton, MD 21629
6-85 mi
North Caroline High School
10990 River Road, Ridgely, MD 21660
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7 Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Price Reduced
$124,990
-10.72%
MLS
1/30/2026
Listed
$139,990
299.97%
MLS
5/07/2015
Sold
$35,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7 Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,298
-1%
$86,433
—
2023
$1,311
—
$86,067
—
2023
$1,311
-2%
$85,700
—
2022
$1,332
-19%
$85,700
-11%
2017
$1,651
7%
$96,200
—
2020
$1,549
-6%
$96,200
-6%
2018
$1,641
-1%
$102,500
—
2017
$1,652
-21%
$102,500
-20%
2016
$2,081
1%
$128,300
—
2015
$2,055
1%
$128,300
—
2014
$2,025
—
$128,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Long & Foster Real Estate, Inc., Bonnie L Duley

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7 Central Avenue, Ridgely, MD 21660 (MLS# MDCM2006766) is a Commercial Service property. 7 Central Avenue is currently listed for $124,990 and was received on January 30, 2026. Want to learn more about 7 Central Avenue? Do you have questions about finding other Commercial Service real estate for sale in Ridgely? You can browse all Ridgely real estate or contact a Coldwell Banker agent to request more information.

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