855.375.4001
Listing Courtesy of: Mary Lou Ferry Wimmer - FARLEY and FERRY REALTY, INC 609-822-1836
$1,200,000 affordable loan icon Calculate Payment

511-521 Pacific Atlantic City, NJ 08401

Down payment assistance icon
Land Residence
Beds
Baths
... Bed/Bath
Sq. Ft.

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 11/28/2024 12:25 AM
Totally a strategic and unique property which spans three contiguous lots totaling 17,129 square feet, covering the entire frontage of Pacific Avenue between South Connecticut and Congress Avenues. At this busy intersection, you'll find a well-positioned, two-story, 3,900-square-foot building on the... corner lot, directly across from the new luxury apartment complex 600 NoBe and the Bella Luxury Condo Tower. Corner Visibility: The fenced-in corner lot at Pacific and South Connecticutâ??a main access route to the Ocean Resort Casinoâ??boasts high traffic and visibility. Fully Leased Parking Lot: The middle lot serves as a fully leased parking facility, generating steady revenue. Also close to Showboat water park faciility. Development-Ready Building Shell: On the right side, the building shell presents endless potential for multi-family, commercial, or mixed-use redevelopment. Strategic Location: Located within the CRDA Tourism District, this site is newly zoned LH-1, opening the door for a range of investment opportunities. Just two blocks from the beach, this property is ideal for capitalizing on Atlantic City's growth. There is development potential here! Buildable lots must be a minimum 7,500 SQFT per lot is required for development, allowing these lots to be consolidated into a single project. Multi-Unit & Mixed-Use Capabilities: With the combined square footage, the property can support up to 10 multi-family units with 20 required parking spaces, or commercial uses on the ground level. This is an incredible opportunity to invest in Atlantic City's growing tourism and residential sectorsâ??don't miss out on the chance to create a landmark development in this prime development location. Continue reading
MLS#
590722
Property Type
Land

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

Enter your work address to view actual drive times with traffic for this property.

 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®
scales icon

How much home can I afford?

Kickstart your home search journey with our online Pre-Approval.

Get Started
megaphone icon

See How Much You Could Save

Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.

Let's Talk
Listing Courtesy of: Mary Lou Ferry Wimmer - FARLEY and FERRY REALTY, INC 609-822-1836
Andrea D. Conner, License  1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than Xome are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
This content last refreshed on 11/28/2024 12:25 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
save icon Save
save icon Save
share icon Share
checkmark icon Get Pre-Approved