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$ 349,000
Est. payment | /mo
1 Bath
$ 349,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 585757
Style Commercial,Retail
Year Built 1930
Annual Tax Amount $12,478
Tax Year 2023
Property Description
Atlantic Avenue 1400 Block between New York Ave. and Tennessee Avenues. Very good retail location with excellent foot traffic. Store has 25' frontage with a depth of 150' to rear roadway for access and deliveries. First floor is 3,750 SF ideal for all retail and office uses. Property was approved by the CRDA in 2023 for a Cannabis retail dispensary and has architectural plans. There are approvals for the location and plans for construction that are subject to a punch list of items to be addressed to complete the approval process. Seller would consider providing financing to a qualified buyer at 5% interest rate with 50% of the purchase price down payment or 6.5% interest rate with 35% down payment. Seller's are serious about Selling the property.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Business District,Island,See Remarks,Boardwalk Area
Interior
Interior Features 220 Volt Electricity, Display Windows, Restroom, Smoke/Fire Alarm, Storage, Three Phase Electric
Heating Baseboard, Gas-Natural, Hot Water
Flooring Concrete, Other (See Remarks), Slab
Exterior
Exterior Feature Security Light/System, See Remarks
Parking Features None
Roof Type Flat,Other
Building
Story 3
Sewer Public Sewer
Water Public
Listed by DANIEL J SMITH REAL ESTATE INC
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