2718-2720 Atlantic Ave - Office FOR SALE


Atlantic City, NJ 08401- Chelsea
$750,000 USD
609-868-7937
2718-2720 Atlantic Ave, Atlantic City, NJ for Sale
$750,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

2718-2720 Atlantic Ave
Atlantic City, NJ 08401
Chelsea


HIGHLIGHTS

  • Prime Residential Multifamily Conversion
  • Located Across From Public Safety Building Police Department
  • Parking for 15-20 Vehicles!
  • Brand new HVAC

OVERVIEW

Great opportunity has come to the AC market! 2718-2720 Atlantic Avenue which is a three story commercial space office building located in the Opportunity Zone, boasting a little over 18,800 gross square feet along with a parking lot for 15-20 vehicles on South California Avenue. The property has a newer roof, brand new HVAC systems installed summer of 2025, elevator service to all floors, two stairwells and is currently vacant. This is a rare opportunity for a possible residential apartment conversion due to the size, parking and zoning/redevelopment. The building's efficient floorplate depth, elevator service and vertical circulation core support a double-loaded corridor layout, allowing for a possible16-22 unit multifamily conversion. Plenty of possibilities here, super easy to view the property!!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,694 SF

ZONING

NC-2

APN/PARCEL ID

02-00174-0000-00002

ASK ABOUT THIS PROPERTY

Anthony MirandaGrace PropertiesMore Info
609-868-7937

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Anthony MirandaGrace PropertiesMore Info
609-868-7937

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.