1600 Arctic Ave - Storefront Retail/Residential FOR SALE
Atlantic City, NJ 08401- Downtown Atlantic City |
$325,000 USD
609-868-7937
1600 Arctic Ave
Atlantic City, NJ 08401
Downtown Atlantic City
HIGHLIGHTS
- Prominent corner location in Atlantic City’s Central Business District, providing visibility and access within the downtown commercial corridor.
- Vacant two-story building offered with a fully gutted interior, creating a blank canvas for redevelopment or owner-user customization.
- Flexible repositioning potential for retail, office, mixed-use commercial, or commercial space with residential units, subject to approvals.
- Located within an Opportunity Zone, which may provide applicable tax advantages for qualifying investments.
- Surrounded by Atlantic City’s established business, entertainment, and tourism infrastructure, supporting a variety of commercial uses.
- Easy access to major local roadways, public transportation, and nearby destinations throughout Atlantic City and the surrounding region.
OVERVIEW
Corner location property located in the Central Business District. The building has no utilities hooked up and is completely gutted and ready for development. Possibilities range from office building, commercial on both floors or go for its full potential with commercial on the ground floor with apartments on the second floor. Easy to show!!
FOR SALE DETAILS
PRICE
$325,000 USD
PRICE/SF
$38 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1925
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,792 SF
ZONING
CBD
APN/PARCEL ID
02-00291-0000-00006
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609-868-7937
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609-868-7937
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