Triplex with Residential Office
For Sale
$975,000
707 N HICKORY Ave, Bel Air, MD 21014
Standalone commercial and three-unit apartment building on 1.18 acres, with RO zoning and paved parking for 15.
Days on Market39
Property Features for 707 N HICKORY Ave
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1920
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(410) 322-3670
Listed By:
Andrew Undem · License #646143
(410) 322-3670
Source:
Elliman
Added: Jun 22
Changed: Jul 10
Last Checked: Jul 29 at 11:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Homesale Realty
Investment Insights
Based on property information with market context.
This standalone commercial/multi-family building includes three spacious apartments configured as 2 bedrooms and 1.5 bathrooms. Two of the units have been completely renovated, and the property is positioned as a turnkey revenue asset with existing annual income reported at over $65,000. The site is served by an expansive, paved parking lot with 15 clearly lined spaces, including dedicated handicap-accessible parking and building access.
Located in the Town of Bel Air at a highly trafficked stoplight intersection of N. Hickory Ave and Moores Mill Road, the property benefits from strong day-to-day visibility for both tenants and customers. The lot size is 1.18 acres, providing a substantial platform for current operations and future planning. WalkScore is listed as 21 (car-dependent) and BikeScore as 37 (somewhat bikeable).
The property’s RO (Residential Office) zoning is described as flexible for professional uses, including medical, dental, and retail, supporting an owner-user or investor model. For tenants, the on-site parking and street-level prominence can support daily operations, while the three apartment layout offers a built-in residential component alongside the commercial/multi-family structure.
Located in the Town of Bel Air at a highly trafficked stoplight intersection of N. Hickory Ave and Moores Mill Road, the property benefits from strong day-to-day visibility for both tenants and customers. The lot size is 1.18 acres, providing a substantial platform for current operations and future planning. WalkScore is listed as 21 (car-dependent) and BikeScore as 37 (somewhat bikeable).
The property’s RO (Residential Office) zoning is described as flexible for professional uses, including medical, dental, and retail, supporting an owner-user or investor model. For tenants, the on-site parking and street-level prominence can support daily operations, while the three apartment layout offers a built-in residential component alongside the commercial/multi-family structure.
Key Highlights
- 1.18‑acre standalone commercial/multi‑family property in Downtown Bel Air
- Generates over $65,000 annually; residential component has three 2‑bed, 1.5‑bath apartments
- Two apartments have been completely renovated
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,372
Businesses Nearby
Explore this area
Business Placement
Demographics for 21014, MD
38,395
Population
14,975
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$113,825
Median Household Income
$59,656
Median Earnings
$1,571
Median Rent
$407,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Standalone commercial and three-unit apartment building on 1.18 acres, with RO zoning and paved parking for 15.
Where is this triplex located?
The property is located at 707 N HICKORY Ave Bel Air, MD.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1.18‑acre standalone commercial/multi‑family property in Downtown Bel Air; Generates over $65,000 annually; residential component has three 2‑bed, 1.5‑bath apartments; Two apartments have been completely renovated
