2741 PACIFIC AVE Active Save Request In-Person Tour Request Virtual Tour
Atlantic City,NJ 08401
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 $27,628
Tax Year 2023
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