2741 PACIFIC AVE Active

Atlantic City,NJ 08401

$ 1699000

- Bed

- Bath

9032 SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 9,032 sqft

Price per Sqft $188

MLS Listing ID NJAC2013234

Originating Board BRIGHT

Land Lease Amount 71412.0

Land Lease Frequency Annually

Year Built 1956

Annual Tax Amount $26,753

Tax Year 2024

Lot Size 8,751 Sqft

Acres 0.2

Lot Dimensions 100.00 x 87.50

Property Description

Discover an exceptional investment opportunity with this 25-unit motel and commercial space, located across from the renowned Tropicana. This turn-key property, secured by a land lease until 2056, has been recently renovated and is fully operational. Each unit provides comfortable accommodations, attracting a steady stream of guests, while the versatile commercial space benefits from high foot traffic, ideal for retail ventures. Situated in a prime location, this property offers tremendous growth and profitability potential. Contact us today for more details and to schedule a viewing. 1 block from the beach at traffic light.

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning RS-C

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Utilities Available Cable TV,Sewer Available,Water Available,Multiple Phone Lines

Water Access N

Roof Type Flat

Accessibility Other

Total Parking Spaces 15

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00173-00019

Ownership Land Lease

SqFt Source Assessor

Special Listing Condition Standard

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