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707 N Hickory Ave 3,687 SF 75% Leased Office Building Bel Air, MD 21014 $975,000 ($264.44/SF)
Investment Highlights
- • Ample parking
Executive Summary
• This unit is perfect for an owner-user wanting to control their own hours of operation
* Revenue generating asset
* 1,800 SF office unit
*Zoned RO
*Great frontage on N. Hickory seeing 9,200 VPD
*Walkable to Downtown Bel Air
*15 lined parking spaces
*Handicap access
* Revenue generating asset
* 1,800 SF office unit
*Zoned RO
*Great frontage on N. Hickory seeing 9,200 VPD
*Walkable to Downtown Bel Air
*15 lined parking spaces
*Handicap access
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,687 SF
Building Class
C
Year Built
1924
Price
$975,000
Price Per SF
$264.44
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,844 SF
Building FAR
0.07
Lot Size
1.30 AC
Zoning
RO - Residential Office. Specially suited for Office, Medical, Dental or Retail
Parking
15 Spaces (4.07 Spaces per 1,000 SF Leased)
Amenities
- Fireplace
- Wheelchair Accessible
- Central Heating
- Hardwood Floors
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
• This unit is perfect for an owner-user wanting to control their own hours of operation • Purchase Price: $1,050,000 • Lease Rate: $18 PSF MG
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,800 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 1,800 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 1,800 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
• This unit is perfect for an owner-user wanting to control their own hours of operation • Purchase Price: $1,050,000 • Lease Rate: $18 PSF MG
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 03-006891 | Improvements Assessment | $438,500 |
| Land Assessment | $202,800 | Total Assessment | $641,300 |
Property Taxes
Parcel Number
03-006891
Land Assessment
$202,800
Improvements Assessment
$438,500
Total Assessment
$641,300
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