A+ Location & Turnkey Revenue Generator in Downtown Bel Air! Available for Sale or Lease.** Positioned in an exceptional, highly visible A+ location within the Town of Bel Air, this premier income-producing asset offers an unparalleled opportunity for investors, owner-users, or developers. Set on an expansive 1.18-acre lot, the property features a standalone commercial/multi-family building currently producing over $65,000 annually. The residential component consists of three spacious 2-bedroom, 1.5-bathroom apartments, two of which have been completely and tastefully renovated. This setup provides immediate, reliable cash flow from day one. **Unmatched Visibility, Access, & Development Potential** * **Zoning Advantage:** Zoned **RO (Residential Office)**, this flexible designation is ideal for professional, medical, dental, or retail users, allowing an owner-user to perfectly control their own hours of operation. * **High-Traffic Exposure:** Benefit from outstanding signage potential and massive daily drive-by exposure, situated precisely at the highly trafficked stoplight intersection of N. Hickory Ave and Moores Mill Road. * **Development Opportunity:** With over an acre of prime land, the property is highly developable for a future townhome or apartment community. * **Transit & Logistics:** Features an expansive, paved parking lot with 15 clearly lined spaces, including dedicated handicap (HCP) accessible parking and building access. * **Premium Walkability:** Tenants and clients will love the convenience of being just a short walk away from the vibrant shops, dining, and amenities of downtown Bel Air. Whether you are looking to acquire a stable, high-yield revenue asset, establish your business in a high-profile location, or capitalize on future residential redevelopment, 707 N Hickory Ave delivers on every front. Schedule your private tour today-available for sale or lease!
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $975,000 | $264 | Berkshire Hathaway HomeServices Homesale Realty |
| Year | Annual Amount | Description |
|---|---|---|
| $9,577 |
Elementary School Bel Air Elementary | 0.5 miles away | PK - 05 | |
High School Bel Air High | 1.1 miles away | 09 - 12 | |
Middle School Southampton Middle | 1 miles away | 06 - 08 |