Commercial Space Listing: 1600 Atlantic Ave, Atlantic City, NJ
Overview: Introducing a remarkable investment opportunity at 1600 Atlantic Ave, Atlantic City, NJ. This property has recently been approved as a historic building, making it eligible for New Jersey historic funding, which adds immense value to this already promising real estate venture.
Property Details:
• Address: 1600 Atlantic Ave, Atlantic City, NJ
• Size: 15,000 square feet total (5,000 square feet per floor)
• Floors: 3
• Zoning: Mixed-use, suitable for various commercial and residential applications
Key Features:
• Recently designated as a historic building, offering potential tax incentives and funding opportunities
• Total area of 15,000 square feet across three spacious levels
• Well-designed plans for 10 residential units located on the upper floors, enhancing the property’s attractiveness to investors and developers
• Located in a thriving neighborhood, experiencing continuous growth and demand
Investment Potential: The property offers a unique blend of historic charm and modern opportunities, making it an ideal investment for developers and investors looking to capitalize on the Atlantic City market. With its proximity to essential amenities and attractions, this property is positioned to provide a steady stream of rental income and appreciation over time.
Neighborhood Highlights: Situated in a vibrant area, the property benefits from high foot traffic and visibility. Nearby attractions include casinos, shopping districts, restaurants, and beautiful beaches, contributing to a lively community atmosphere.
Conclusion: This property represents a rare opportunity to invest in a historic building with substantial potential for development and growth within a flourishing neighborhood. For more information or to schedule a viewing, please reach out to us. We look forward to assisting you in exploring this exceptional opportunity.