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$1,400,000
Est. payment /mo
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 599913
Style Business Only,Commercial,Comm. w/Apartments,Light Industrial,Office Building,Retail,Restaurant,Restaurant & Bar,Other (See Remarks)
Year Built 2019
Annual Tax Amount $4,101
Tax Year 2024
Property Description
Modern 6,000 sq ft Mixed-Use Building,only 2 blocks away from Beach and Boardwalk , less then a block from Stockton University campus, 5 mies to Ventnor, Only 6 years young, this property is a rare find combining immediate cash flow with flexible upside potential. Fully leased lower level – Ice cream shop ($2,553/mo, month-to-month) + restaurant ($4,500/mo, annual lease) with full restaurant equipment included. Endless possibilities upstairs on the second level. Buyers can choose from : two 2-bedroom apartments or 2 units commercial space (NC-1 zoning: office, retail, light commercial, and more). High-demand location with only $4101 per year in taxes – steps from Stockton University campus, with easy access to public transportation and strong foot traffic year-round ideal for an investor who is looking for ROI or an entrepreneur envisioning own customized space, this property combines steady income, prime location, and endless possibilities.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details See Remarks
Rooms
Basement Slab
Interior
Interior Features 220 Volt Electricity, 440 Volt Electricity, Display Windows, Fire Sprinkler System, Handicap Features, Living Space Available, Smoke/Fire Alarm, Three Phase Electric
Heating Forced Air
Flooring Concrete, Other (See Remarks)
Exterior
Parking Features 1 to 5 Spaces
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public
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Listed by BALSLEY/LOSCO