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!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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