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1600 Arctic Ave 8,500 SF Vacant Retail Building Atlantic City, NJ 08401 $325,000 ($38.24/SF)
Executive Summary
Corner location property located in the Central Business District. The building has no utilities hooked up and is completely gutted and ready for development. Possibilities range from office building, commercial on both floors or go for its full potential with commercial on the ground floor with apartments on the second floor. Easy to show!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,500 SF
Building Class
B
Year Built
1925
Price
$325,000
Price Per SF
$38.24
Percent Leased
Vacant
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.77
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CBD
Frontage
Amenities
- Corner Lot
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00291-0000-00006 | Improvements Assessment | $109,600 |
| Land Assessment | $115,400 | Total Assessment | $225,000 |
Property Taxes
Parcel Number
02-00291-0000-00006
Land Assessment
$115,400
Improvements Assessment
$109,600
Total Assessment
$225,000
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Contact the Sale Advisor
1600 Arctic Ave