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US
NJ
Atlantic City
08401
08401
W75° 33' 21.2''
N39° 21' 14.4''
Contact Info
Paula Hartman
60802
Property Description
This exceptional commercial building, formerly a hotel with 48 rooms, offers immense potential for redevelopment. Building plans have already been approved for an additional 4th floor, which will house 32 apartments and a luxurious penthouse, making this an ideal opportunity for investors. The property has been completely gutted, providing a blank canvas for future development. Located in the heart of Atlantic City, just next to the Tropicana Casino and across the street from the beach, this prime location is further enhanced by its proximity to ACs first authentic Biergarten. With an income potential of over 500,000 per year, this is a rare chance to capitalize on a strategic location in one of the citys most vibrant areas.
2707 Pacific Ave
Atlantic City, New Jersey 08401, United States
$1,500,000
Listing ID#97657
Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 97657
Ref ID : 401024283
Price : $1,500,000
MLS : 594632
Office ID : PA301-079
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