506 Central Ave

1,370 Sq. Ft.
$328 / Sq. Ft.
1,370
Sq. Ft.
$328
per Sq. Ft.

Description

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...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. This listing includes additional lot/land - MLS# MDCM2006810
  1. Listed by Allie Harris • Taylor Properties
    P: (410)-310-2670 allieonshore@gmail.com

Property Details for 506 Central Avenue

Tax ID Number
0607007701
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Colonial
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 06/09/2026 10:50 AM

Property Details for 506 Central Avenue

StatusComing Soon
MLS #MDCM2007440
Days on Market-
Taxes$2,524 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1880
Lot Size0.21 AC / 9,000 SF
CountyCaroline County

Location

Listing Courtesy of Taylor Properties
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Building Information for 506 Central Avenue

Stories2Year Built1880Building Size-Lot Size0.21 AC / 9,000 SF

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$2,453 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$210

HOA Dues

$0

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Property Information for 506 Central Avenue

Location
Location
  • In City Limits: Yes
  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139029245
  • SchoolDistrictSource: Listing Agent
  • County: CAROLINE
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $181,467
  • Year Assessed: 2026
  • County Tax: $1,745
  • City Town Tax: $779
  • Clean Green Assessed: No
  • Land Use Code: R
  • Zoning: R1
  • School Tax: $0
  • Tax Page Number: 664
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 3
Upper Level 1
  • # Bedrooms Count Upper Level: 3
Rooms
  • Stories: Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 1,370.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 50.00 x
  • Lot Dimensions Source: Assessor
  • Lot Features: Road Frontage, Additional Lot(s)
  • Parcel ID: 4496298
Parking
Parking
  • Type Of Parking: On Street, Detached Garage
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Other
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Mid-Shore Board of REALTORS

Property History for 506 Central Avenue

DateEvent & SourcePriceAppreciation
May 17, 2009

Withdrawn

BRIGHT #1008775998

$160,900
May 17, 2009

Withdrawn

BRIGHT #1008775998

Mar 12, 2009

Listed (Active)

BRIGHT #1008775998

$169,900
DateEvent & SourcePrice
05/17/2009

Withdrawn

BRIGHT #1008775998

$160,900
05/17/2009

Withdrawn

BRIGHT #1008775998

03/12/2009

Listed (Active)

BRIGHT #1008775998

$169,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 506 Central Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$2,106 ($175 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,370 SqFtAbove Grade Finished SqFt1,370 SqFtStories2Lot Size9,000 SqFtStyleSingle Family ResidenceYear Built1880ZoningR1CountyCAROLINEAPN07-007701Fireplace TypeHas Fireplace

Schools near 506 Central Avenue

This home is within Caroline County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ridgely Elementary School
PublicPK to 5

Lockerman Middle School
Public6 to 8

North Caroline High School
Public9 to 12

Caroline Career & Technology Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

506 Central Avenue is a single family home Coming Soon in Ridgely, MD 21660. This property is currently priced at $450,000. This listing's school district is Caroline County Public Schools. Nearby schools include Ridgely Elementary School, Lockerman Middle School and North Caroline High School. 506 Central Avenue is a 3-bed, 1-bath, 1,370 sqft single family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Taylor Properties

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/09/2026 10:50 AM