Prime 'Orange Loop' Investment Opportunity w/ Billboard: Seize the chance to own a piece of Atlantic City in the heart of its iconic Boardwalk district. This dual-parcel property offers significant commercial potential in the sought-after Resort Commercial District (RS-C), perfectly positioned for redevelopment or continued commercial use. Prime Location: Lot… Read More 21: 52 feet of Boardwalk frontage on an 11,150 sf +/- parcel, boasting heavy pedestrian traffic and visibility. Lot 25: L-shaped 8,875 sf +/- parcel with 35 feet of frontage along St. James Place, ideal for storage or auxiliary use. Structures: Main Building: Approximately 30,975 sf +/- GBA (not including a full basement), circa 1960, in fair to average condition. Adjacent Storage Building: Approximately 20,195 sf +/- GBA, circa 1940, requiring extensive renovation. Zoning: Resort Commercial District (RS-C) permits diverse uses, including retail, hospitality, entertainment, and mixed-use residential/commercial ventures. Investment Potential: Highest and Best Use: Continued commercial operations or redevelopment with proper permits and approvals to unlock the property's full potential in Atlantic City's thriving market. Why Invest? Atlantic City's Boardwalk is an internationally recognized destination, drawing millions of visitors annually. With its prime location and zoning flexibility, this property is perfect for businesses seeking unparalleled visibility or developers with a vision for revitalizing a historic part of the city. Take the next step in building your portfolio with this unique Atlantic City investment opportunity. Read Less
Courtesy of Rich Baehrle, BHHS Fox & Roach-Northfield [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Mixed Use
Square Ft.
51,170
Year Built
1960
MLS Number
NJAC2015704
30 Days Snapshot Of 08401
$267k
+4%
(avg) sold price
9
+50%
homes sold
105
+59%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
51,170 net sqft, 51,170 total building sqft, Built in 1960, Block, Brick, Frame
Cooling
Central Air, Electric, Central A/C
Accessibility Features
Level Entry - Main
Heating
Natural Gas, Forced Air
Lot
Lot Size Dimensions: 50.00 x 0.00
Roof
Flat
Sewer
Public Sewer
Taxes
Tax Annual Amount: $38,765, Tax Year: 2024
Utilities
Hot Water: Natural Gas, Cable TV, Multiple Phone Lines, Sewer Available, Water Available, Natural Gas Available, Electric Available
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