For Sale, USD 499,900
1638 Atlantic Ave, Atlantic City NJ 08401, Atlantic City, New Jersey, United States
Property Type : Commercial
Property Style : N/A
Build Size : 6,614 ft² / 614 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
This exceptional 6,600-square-foot, three-story property is a prime investment opportunity located on a bustling stretch of Atlantic Avenue in the center of Atlantic City. It offers significant income potential by blending commercial and residential rental prospects. The spacious 3,500-square-foot first-floor commercial area provides an ideal foundation for a high-revenue venture, such as a grocery store, dispensary, or other retail business. Additionally, the upper floors feature architecturally designed and fully approved plans for dedicated short-term rentals. These residential plans include four generous one-bedroom units on the second floor and one large two-bedroom unit on the third, totaling five units perfect for the short-term rental market. Because the complex approval process is already finished, only final permit fees stand between the investor and the start of construction. This allows for rapid development to capitalize on the steady flow of tourists, visitors, and convention traffic in Atlantic City. With its combination of substantial commercial space and five income-generating residential units, this property represents a rare chance to secure a diversified, high-yield asset in the heart of Atlantic City.
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1638 Atlantic Ave, Atlantic City NJ 08401, United States,New Jersey,Atlantic City is a 6,614ft² Atlantic City luxury Commercial listed for sale USD 499,900. This high end Atlantic City Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Atlantic City or search for luxury properties for sale in Atlantic City.