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$ 1,300,000
Est. payment | /mo
3,920 Sqft Lot
$ 1,300,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 600774
Style Commercial,Retail
Year Built 1950
Annual Tax Amount $8,837
Tax Year 2024
Lot Size 3,920 Sqft
Property Description
Great location across the street from the Hard Rock Casino. There are two (2) units. One of the units is vacant for you to lease for about $3,500/month. The other unit is a food store and has been there for 17 years and wants to renew long-term lease in October for $8,000/mo. Property was fully rehabbed in 2008, including a new roof, which was redone in 2018. Property has great, steady income. Current owner can quickly lease vacant unit if desired by buyer. Also, with 20% down payment, Seller may offer owner financing. Owner just received okay he can build two apartment units above the current commercial buildings.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Business District
Interior
Interior Features 220 Volt Electricity, Restroom, Smoke/Fire Alarm
Heating Electric
Flooring Linoleum/Vinyl
Exterior
Exterior Feature Sign
Parking Features 1 to 5 Spaces
Roof Type Asphalt
Building
Story 1
Water Public
Listed by Soleil Sotheby's International Realty - A
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