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OZ - Retail & Warehouse 1314-1322 Atlantic Ave 24,500 SF 100% Leased Retail Building Atlantic City, NJ 08401 For Sale
INVESTMENT HIGHLIGHTS
- 4 General Retail Stores and Warehouse or Cannabis Related Businesses
- Storage/Warehouse space in the back half of the building.
- Opportunity Zone & Cannabis Zoned - directly across from municipal buildings, high visibility and foot traffic.
EXECUTIVE SUMMARY
INVESTOR OPPORTUNITY!
OPPORTUNITY ZONE!!!
Prime Commercial Building on Atlantic Avenue, Atlantic City, NJ - Priced to Sell !!!
Location: 1314 Atlantic Avenue, Atlantic City, NJ!!
Type: Commercial Building
Total Size: Approximately 25,000 sq. ft.
Description:
Unbelievable opportunity to own a prime commercial property in the heart of Atlantic City! This expansive building on bustling Atlantic Avenue is priced for immediate sale and offers incredible potential for the right investor. The property is being sold below value and requires repairs and renovation, making this an ideal value-add opportunity.
Features:
CAN BE USED AS 4 RETAIL STORES AND WAREHOUSE OR A CANNABIS RELATED BUSINESS OR ANY COMBINATION
Cannabis Investment Opportunity: This property has cannabis resolutions already in place, significantly reducing the time and complexity of obtaining permits. Get your business operational faster!
High-Visibility Location: Situated directly across from the county and city municipal buildings, ensuring maximum exposure and foot traffic.
Versatile Space: Approximately 25,000 sq. ft. with a mix of retail storefronts, a large warehouse (formerly a theater), and potential office space.
Retail Potential: Four retail stores at the front, perfect for capturing pedestrian traffic.
Warehouse/Flex Space: The rear of the building features a massive warehouse space with high ceilings, ideal for a variety of uses.
Investment Highlights:
Opportunity Zone - offering significant potential for grants and low-interest loans, as well as tax advantages
Value-Add Opportunity: Renovate and reposition this property to maximize its potential.
Cannabis Ready: Capitalize on the growing cannabis industry.
Prime Atlantic City Location: Benefit from the city's ongoing revitalization and tourism.
The property requires renovations and repairs
Contact Information:
Marc Singer 609-363-5000 marc@nationalmax.com
Mike Hollander 856-723-3585 mike@nationalmax.com
Don't miss out on this incredible opportunity to own a piece of Atlantic City's commercial landscape at a great price. Contact us today to schedule a viewing and discuss the potential of this property!
OPPORTUNITY ZONE!!!
Prime Commercial Building on Atlantic Avenue, Atlantic City, NJ - Priced to Sell !!!
Location: 1314 Atlantic Avenue, Atlantic City, NJ!!
Type: Commercial Building
Total Size: Approximately 25,000 sq. ft.
Description:
Unbelievable opportunity to own a prime commercial property in the heart of Atlantic City! This expansive building on bustling Atlantic Avenue is priced for immediate sale and offers incredible potential for the right investor. The property is being sold below value and requires repairs and renovation, making this an ideal value-add opportunity.
Features:
CAN BE USED AS 4 RETAIL STORES AND WAREHOUSE OR A CANNABIS RELATED BUSINESS OR ANY COMBINATION
Cannabis Investment Opportunity: This property has cannabis resolutions already in place, significantly reducing the time and complexity of obtaining permits. Get your business operational faster!
High-Visibility Location: Situated directly across from the county and city municipal buildings, ensuring maximum exposure and foot traffic.
Versatile Space: Approximately 25,000 sq. ft. with a mix of retail storefronts, a large warehouse (formerly a theater), and potential office space.
Retail Potential: Four retail stores at the front, perfect for capturing pedestrian traffic.
Warehouse/Flex Space: The rear of the building features a massive warehouse space with high ceilings, ideal for a variety of uses.
Investment Highlights:
Opportunity Zone - offering significant potential for grants and low-interest loans, as well as tax advantages
Value-Add Opportunity: Renovate and reposition this property to maximize its potential.
Cannabis Ready: Capitalize on the growing cannabis industry.
Prime Atlantic City Location: Benefit from the city's ongoing revitalization and tourism.
The property requires renovations and repairs
Contact Information:
Marc Singer 609-363-5000 marc@nationalmax.com
Mike Hollander 856-723-3585 mike@nationalmax.com
Don't miss out on this incredible opportunity to own a piece of Atlantic City's commercial landscape at a great price. Contact us today to schedule a viewing and discuss the potential of this property!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
24,500 SF
Building Class
C
Year Built/Renovated
1940/1980
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.33
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
CBD - Opportunity Zone !!!! Green Zone Overlay (Cannabis)
Frontage
70’ on Atlantic Ave
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-00145-0000-00007 | Improvements Assessment | $188,000 |
| Land Assessment | $237,000 | Total Assessment | $425,000 |
PROPERTY TAXES
Parcel Number
02-00145-0000-00007
Land Assessment
$237,000
Improvements Assessment
$188,000
Total Assessment
$425,000
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NationalMax Properties LLC
OZ - Retail & Warehouse | 1314-1322 Atlantic Ave
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