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About This Home
This 0-bedroom, 0-bathroom commercial at 2707 Pacific Ave in Atlantic City, NJ is listed for $1,500,000. on a N/A lot.
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 AC's 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 city's most vibrant areas.
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2707 Pacific Ave
Atlantic City, NJ 08401
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2707 Pacific Ave is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
This property is listed by Paula Hartman and can be reached at 6092717337 or Paula.Hartman@foxroach.com.