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1517 Boardwalk Ave
Atlantic City, NJ 08401
36,000± SF Retail Property on the Boardwalk · Retail Property For Sale
Investment Highlights
- 36,000± SF on the Atlantic City Boardwalk in a prime location between New York and Kentucky Avenues
- One store is 1,860± SF and the other is 1,760± SF. Second floor boasts a fully finished 2,400± SF office with 2 executive suites overlooking the ocean
- The rear of the building is 40'x100' spread out over five floors totaling 20,000± SF of warehouse space
- Total offering consists of two individual retail stores with 40 feet of boardwalk frontage
- The front portion of the building facing the Boardwalk containing the retail and office space is 40'x200' per floor or 8,000± SF total
- Seller is offering a five year lease back of the 20,000 SF warehouse with a five year option at $80,000 a year plus a 1/3 of the taxes
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,266 SF
Building Class
C
Year Built
1960
Building Height
5 Stories
Loading Docks
1 Exterior
Building FAR
0.56
Lot Size
0.34 AC
Zoning
RS-C - Resort Commercial Development
Frontage
40’ on Atlantic City Boardwalk
Amenities
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 02-00050-0000-00029 | Improvements Assessment | $1,309,700 |
| Land Assessment | $433,200 | Total Assessment | $1,742,900 |
Property Taxes
Parcel Number
02-00050-0000-00029
Land Assessment
$433,200
Improvements Assessment
$1,309,700
Total Assessment
$1,742,900
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