**ATTENTION INVESTORS** Located in a prime area of Atlantic City, 325 Atlantic Ave is a fully renovated mixed-use commercial property offering an excellent investment opportunity. The building features three well-maintained residential apartments and a fully-leased commercial space on the first floor. Recent updates include a brand new roof and extensive renovations to all major systems within the past two years, minimizing future maintenance costs. The residential units consist of a 1-bedroom plus den, 1-bath apartment on the first floor, rented for $1,200/month; a 2-bedroom, 1-bath apartment on the second floor, rented for $1,450/month; and a 2-bedroom, 1-bath apartment on the third floor, rented for $1,400/month. All apartments are tenant-occupied, with each lease being month-to-month. The commercial space is leased to a 24/7 take-out restaurant for $2,000/month on a 5-year lease, with a 5% rent increase per year! With a total gross income of $72,600 and a net operating income (NOI) of $61,138, this property presents a solid 9% cap rate. The building’s operating expenses include taxes of $4,902/year, insurance at approximately $5,000/year, and shared sewer/water costs totaling around $1,200/year. Additionally, electric and gas are separately metered for each unit, with tenants responsible for heat and hot water. The property is strategically located in a high-traffic area of Atlantic City, just minutes from the iconic Atlantic City Boardwalk, world-class casinos, and entertainment venues. It’s an optimal location for long-term growth, with proximity to major highways and public transportation, making it a highly desirable area for both residential tenants and commercial ventures. With a thriving tourism industry and a growing demand for housing and retail in Atlantic City, this property represents a unique opportunity to own a fully-renovated, income-generating asset in one of New Jersey’s most dynamic markets. Contact us today to schedule a private showing or for more information!
This property is located in a redevelopment area. Zoning MCRD. Block shared with four owners. Unobstructed view of Inter-coastal waterway. Direct access from AC Expressway. Ready for your Bayfront Project. Call L.B. for additional info.
Commercial building located in residential zone. Directly across the street from the Sheraton Hotel & Parking Garage. Original use as liquor distribution, then Casino Dealers School. Most recently leased to AC Rescue Mission & John Brooks Out-Patient Clinic. Direct access to AC Express Way. Only two blocks from Outlet Shopping. Contact L.B. for additional info.
There's no better retail location than the robust and famous Atlantic City Boardwalk! New Art Deco Facade beach storefront retail condominium. Features a spacious open 1679 SF floor plan in good condition with ample rear storage and a newly installed bathroom. Situated at the prestigious Ritz Condominium Building boardwalk ocean level. Only a few feet away from upscale Hotels and Casinos, all venues of dining, shopping, family entertainment etc. Pedestrians walk by/in traffic galore! Ritz Condo Assoc Fees $1600 P/Mth
Great Warehouse Location with easy access to Atlantic City Expressway and the Parkway. 3750 sq ft of storage space or redesign to accomodate your needs. Situated on a Private Street off of Virginia with street parking and property has a fenced in lot to accomodate 6 or more cars.
Exceptional Opportunity to Own Iconic Atlantic City Real Estate This prime commercial property, a staple in Atlantic City since 1978, presents a unique opportunity for investors. Completely renovated in May 1998, the building offers modern upgrades while maintaining its charm. Located in a high-traffic area, the property is strategically anchored by AtlantiCare Regional Medical Center and the Tanger Outlet Mall, home to 109 popular retail stores. In 2023, AtlantiCare opened a state-of-the-art 100,000 SF HealthPlex, further enhancing the areaâ??s appeal. With NJ Transit Bus & Train Terminals just blocks away, this location benefits from high foot traffic and year-round business. It sits at the base of the Atlantic City Expressway, providing convenient access for both locals and visitors. Contact us today for a detailed marketing package and to schedule a private tour of this extraordinary property.
**Showings Monday-Saturday 10am-5pm ONLY**. As-is sale. Inspections for informational purposes only. Current owner currently operating storefront, building will be delivered vacant. Building currently gutted, great potential for investors. Perfectly located and meets the requirements for dispensaries.
1st floor commercial. Previous massage parlor . 2nd floor, 2BR/1B unit with private entrance. Unit features living room, 2 bedrooms, eat-in kitchen and 1 full bath. Front/rear access. Great opportunity for owner operator or investor. Central location. Close to beach/bay, casinos, expressway and local restaurants.
Prime ‘Orange Loop’ Investment Opportunity w/ Billboard: Seize the chance to own a piece of Atlantic City in the heart of its iconic Boardwalk district. This dual-parcel property offers significant commercial potential in the sought-after Resort Commercial District (RS-C), perfectly positioned for redevelopment or continued commercial use. Prime Location: Lot 21: 52 feet of Boardwalk frontage on an 11,150 sf +/- parcel, boasting heavy pedestrian traffic and visibility. Lot 25: L-shaped 8,875 sf +/- parcel with 35 feet of frontage along St. James Place, ideal for storage or auxiliary use. Structures: Main Building: Approximately 30,975 sf +/- GBA (not including a full basement), circa 1960, in fair to average condition. Adjacent Storage Building: Approximately 20,195 sf +/- GBA, circa 1940, requiring extensive renovation. Zoning: Resort Commercial District (RS-C) permits diverse uses, including retail, hospitality, entertainment, and mixed-use residential/commercial ventures. Investment Potential: Highest and Best Use: Continued commercial operations or redevelopment with proper permits and approvals to unlock the property’s full potential in Atlantic City’s thriving market. Why Invest? Atlantic City’s Boardwalk is an internationally recognized destination, drawing millions of visitors annually. With its prime location and zoning flexibility, this property is perfect for businesses seeking unparalleled visibility or developers with a vision for revitalizing a historic part of the city. Take the next step in building your portfolio with this unique Atlantic City investment opportunity.
Prime â??Orange Loopâ?? Investment Opportunity w/ Billboard: Seize the chance to own a piece of Atlantic City in the heart of its iconic Boardwalk district. This dual-parcel property offers significant commercial potential in the sought-after Resort Commercial District (RS-C), perfectly positioned for redevelopment or continued commercial use. Property Highlights: Prime Location: Lot 21: 52 feet of Boardwalk frontage on an 11,150 sf +/- parcel, boasting heavy pedestrian traffic and visibility. Lot 25: L-shaped 8,875 sf +/- parcel with 35 feet of frontage along St. James Place, ideal for storage or auxiliary use. Structures: Main Building: Approximately 30,975 sf +/- GBA (not including a full basement), circa 1960, in fair to average condition. Adjacent Storage Building: Approximately 20,195 sf +/- GBA, circa 1940, requiring extensive renovation. Zoning: Resort Commercial District (RS-C) permits diverse uses, including retail, hospitality, entertainment, and mixed-use residential/commercial ventures. Investment Potential: Highest and Best Use: Continued commercial operations or redevelopment with proper permits and approvals to unlock the propertyâ??s full potential in Atlantic Cityâ??s thriving market. Why Invest? Atlantic Cityâ??s Boardwalk is an internationally recognized destination, drawing millions of visitors annually. With its prime location and zoning flexibility, this property is perfect for businesses seeking unparalleled visibility or developers with a vision for revitalizing a historic part of the city. Take the next step in building your portfolio with this unique Atlantic City investment opportunity.
***ATLANTIC CITY LIQUOR LICENESE ALERT***PLENARY RETAIL CONSUMPTION LICENSE (33)***24 HOUR LIQUOR LICENSE FOR SALE, INCLUDES PACKAGED GOODS***
There's no better retail location than the robust and famous Atlantic City Boardwalk! New Art Deco Facade beach storefront retail condominium. Features a spacious open 1679 SF floor plan in good condition with ample rear storage and a newly installed bathroom. Situated at the prestigious Ritz Condominium Building boardwalk ocean level. Only a few feet away from upscale Hotels and Casinos, all venues of dining, shopping, family entertainment etc. Pedestrians walk by/in traffic galore! Ritz Condo Assoc Fees $1600 P/Mth
Vacant church near Boardwalk in Chelsea section, 3600 sf. Owners have made code compliant and new roof. 24 Parking spots.
ARE YOU LOOKING TO GET A RESTAURANT OR A PIZZA PLACE RUNNING? This is your opportunity. This building has 3 one bedroom and 1 bath on top (fully rented) and One commercial unit at the bottom. The commercial unit used to be a pizza place, but can also be a fast food restaurant of any kind of food. It is perfectly located for this purpose. The 3 apartments are in pretty good shape. The commercial unit needs to be finished, but the electrical and plumbing are already done. Since this place used to be a pizza place, some equipment is still in place. Very easy to show with proper time allowed.
Welcome to the Madison Hotel. This building has graced the Atlantic City Skyline for generations and is aggressively priced to let the next owner bring it into the future. Thirteen stories located on the Beach Block right in the Center of Town. First floor common area contains a Beautiful Large Bar area off the Lobby, Dining room serviced by a commercial kitchen and a Grand Staircase. Second floor contains meeting rooms, executive offices and rentable suites. Floors 3-4 & 6-12 contain an existing 11 suite layout proving 99 suites over nine floors. According to public record in 2004 Sands Casino invested Seven Million Dollars into the Madison creating 126 Suites to complement their neighboring hotel/casino. The 2004 renovation combined two original rooms creating larger living spaces, some with two full baths. The building closed a few years ago and was shut down and boarded up. Renovations and updating need to take place. Asking $27,777.777 per door. This is a doable project and the triple 7's tell you all you need to know! Located in the Federal Opportunity Zone with possible State and Federal Historic Tax Credits Available. The neighboring Parking Garage is owned by someone else. No information on the garage is available at the time this offering went to market.
Attractive, well-maintained commercial storefront with two rented apartments in heart of AC retail activity in Ducktown area. Building sits on 2 lots with double frontage/visibility. Storefront is vacant & easy to show. Possibly for lease at $2500 to qualified tenant. Apartments currently rented at $975 (1 bdrm/20 yr tenant) & $1400 (2bdrm). Apartment showings w/ 24 hr notice or at second showing. Storefront was Metro/T-Mobile. Great investment potential. Leases in place.
Come check out this rare opportunity to own a commercial property on the iconic Atlantic City Boardwalk. Located at 3115 Boardwalk, this property boasts high visibility and heavy foot traffic, making it an ideal spot for a wide range of businesses. This store has a great location along with accessibility, visibility, and size! Don't miss out, contact us today to schedule a viewing and explore the potential of this exceptional commercial property! Showings to be accompanied by listing agent. Condo fee for the unit is $1,393.55 per month. There is a special assessment that is $755.27. The assessment pertains to the work being done on the side of the building. The seller believes that the work should be done within a few months. Condo fee includes insurance (can be supplied), covered parking for one time fee, trash pick up, fire safety (sprinklers), glass and exterior maintenance except for cleaning, and access to the following; lounge on 6th floor, gym, swimming pool, and community activities.
Prime retail spot at the busy Atlantic Ave with access from both Atlantic Ave and S Mississippi Ave. The property comes with more than 50 parking spots Some recent renovations took place in the property including a new HVAC Roof Top Unit Property is zoned for cannabis use
Opportunity abounds. Mixed use property consisting of (1) two BR apartment, (1) one BR apt, (9) Garages, Concrete pad site for parking & riparian grant going out 100' into the bay. Zoned for Marine Commercial - Redevelopment Zone. Unobstructed views of Intercoastal Waterway, Bader Field. Build a dream house with direct bay access or go commercial. Bring your imagination!
ATLANTIC CITY'S WORLD FAMOUS BOARDWALK Donâ??t miss this incredible Commercial Money Maker! This property offers a fantastic opportunity to live in one of the two spacious 2-bedroom, 1-bath apartments while leasing out the commercial storefront and the second apartment. Currently operating as a bike shop, the storefront features charming exposed brick walls, adding a unique touch to its appeal. The property is equipped with 3 separate electrical panels and a 2-year-old water heater, ensuring convenience and efficiency for all tenants. Located in a prime spot, this property is just steps away from the beach, casinos, boardwalk, mini golf, bicycle rentals, boating, fishing, and the brand-new Island Water Park. Plus, itâ??s a short drive to iconic attractions like Lucy the Elephant, as well as fine restaurants and bars. Whether youâ??re an investor or looking for a live-and-earn opportunity, this property offers incredible potential in a thriving location.
Come check out this rare opportunity to own a commercial property on the iconic Atlantic City Boardwalk. Located at 3115 Boardwalk, this property boasts high visibility and heavy foot traffic, making it an ideal spot for a wide range of businesses. This store has a great location along with accessibility, visibility, and size! Don't miss out, contact us today to schedule a viewing and explore the potential of this exceptional commercial property!
Unlock a World of Opportunities! Breathe new life into this once-thriving Marina or reimagine it as a serene waterfront residential community. Positioned across from the historic OLD Bader Field and Baseball Stadium, enjoy easy access to the inlet and back Bays. You'll find 7 captivating lots. Highlighting this side is a spacious 3,200 sq ft garage-style structure with 8 baysâ??an ideal canvas for your creative vision. Picture over an acre of enchanting floating docks, slips, and a world of potential revenue! Alternatively, explore the possibility of crafting residential homes or condos, inspired by the nearby Sunset Ave approach. Unleash your creativity on this remarkable canvas!
The property comprises a 2800+ sq ft building housing a warehouse and office space, complete with a reception desk. It is strategically positioned for use as a contractor distribution center or for any business necessitating indoor and outdoor gated parking for 8+ vehicles. The property's advantageous location ensures convenient accessibility to the Atlantic City Expressway and the Brigantine Connector Tunnel. Furthermore, it is equipped with bathroom facilities and gas heating. I highly recommend scheduling an appointment to view this property and encourage you to contact the listing agent to arrange a visit.
CASH FLOWING 5-UNIT APARTMENT BUILDING only a couple of blocks from the Beach on the Ventnor side of Atlantic City! Instant cash flow in a great area of the City where your occupancy rate will be incredibly high with the proximity to the water and other amenities. All CCOs & 5 year state inspection are in hand. Owner recently made major updates to the property and increased rents to market rent, making this a turnkey opportunity for your portfolio. The 2 units in the photos were empty at the time photos were taken, but will be filled prior to settlement. The other 3 units are currently filled and are of similar condition. The pro forma rent roll is $103,200.00 annually in gross rent revenue, $8,600.00 per month. Tenants pay their own electric. Owner pays Insurance, Taxes, Water/Sewer, and Gas. Pro Forma NOI comes to $76,333.00, making the pro forma Cap Rate 8.98% at the listing price, phenomenal for a property this close to the ocean! This property's appreciation value proposition is immense due to its proximity to Ventnor Beach, Stockton University, and Richmond Avenue School in AC. Enjoy the prospect of cash flow on day 1, high occupancy rates, and appreciation potential that this property offers.
Atlantic City is located in New Jersey. Atlantic City, New Jersey has a population of 38,481. Atlantic City is less family-centric than the surrounding county with 21.75% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Atlantic City, New Jersey is $29,773. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Atlantic City is 37.6 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 40.4 inches per year, with 13.1 inches of snow per year.
