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Stephanie Corley
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410-231-0251
smcorley@msn.com
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Stephanie Corley
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410-231-0251
smcorley@msn.com
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Ridge MD Real Estate & Commercial for Sale

1 Properties Found

The median home value in Ridge, MD is $310,000. This is lower than the county median home value of $325,000. The national median home value is $308,980. The average price of homes sold in Ridge, MD is $310,000. Approximately 59% of Ridge homes are owned, compared to 22% rented, while 19% are vacant. Ridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Ridge real estate agent to arrange a tour today!
Learn more about Ridge Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDSM2020498
Type:
General Commercial
Lot size:
1.1 Acres
Year built:
1969
Courtesy: O'Brien Realty ERA Powered, 3018632400
View additional info

Price reduction of $25,000! Waterfront on Jutland Creek off the Potomac River. Serene one-acre property current operated as a small commercial marina with deep water piers in a protected cove. Awesome views. This property has potential in several directions. Since the 1970s, the property has been continuously operated as a marina, currently BluHaven Piers, originally Misty Cove Marina. Be an owner-operator and live in the main marina building on the property. Or renovate/convert the main building into a primary or secondary residence and apply to rezone the property as residential, which may be a more valuable long-term option. Property includes a main building serving as the marina reception, with an upstairs office, a garage, and showers and bathrooms for marina slip holders. There are several small out-buildings for storage or a workshop. There are about 50 boat slips on three piers, one of which is covered. Approximately 7 feet water depth at the end of the piers. Electricity and water provided to many of the boat slips. This beautiful property is in search of a caring owner with vision and is priced accordingly. The absentee owner has retired and put the marina into a self-service mode, awaiting a new owner. No marketing has been done since before the pandemic. Since the summer of 2023, several improvements have been made, including the removal of a few abandoned boats from the yard and repairs to one of the small storage buildings. As an ongoing business, the marina is breakeven at best on an operational basis before any personnel costs. That is, slip fees currently cover insurance, property taxes, electricity, waste removal, telephone, web site, and minor maintenance. Property is sold strictly âas isâ.

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