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- LoopNet Team
2621 Pacific Ave
Atlantic City, NJ 08401
Abel Manor Hotel · Hospitality Property For Sale
·
6,868 SF
INVESTMENT HIGHLIGHTS
- 3 Apartments and 14 Rooms
- Perfect setup for new innovative ideas
- Building is currently 100% occupied and well run
- Building boasts lots of character including a beautiful interior archway adding to the charm
- Located in close proximity to the beach and boardwalk offering lots of amenities in the immediate area
- The apartments are separately metered and have their own private bathrooms & kitchens
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1910 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| Lot Size | 0.06 AC | Corridor | Interior |
| Building Size | 6,868 SF | ||
| Zoning | RS-C - residential commercial district | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,868 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.31/1,000 SF |
| Corridor | Interior |
| Zoning | RS-C - residential commercial district |
ABOUT 2621 PACIFIC AVE , ATLANTIC CITY, NJ 08401
3 Apartments and 14 Rooms. Building boasts lots of character including a beautiful interior archway adding to the charm. Perfect setup for new innovative ideas. This building was built during a time Atlantic City room rentals were at a peak which is popular once again. Located in close proximity to the beach and boardwalk offering lots of amenities in the immediate area. Building is currently 100% occupied and well run. The apartments are separately metered and have their own private bathrooms & kitchens. The rooms are a good size for this style building and share four full bathrooms spread out over the second and third floors. The first floor has a large office or common room perfect for additional features. Second and third floor also have additional rooms/common areas. Dry basement with interior and exterior access providing lots of storage. There is a small parking pad in the rear of the building with potential to lease additional spots from neighboring owners. Please contact Lee Jerome for Marketing Package and P & L.
PROPERTY TAXES
| Parcel Number | 02-00169-0000-00008 | Improvements Assessment | $187,000 |
| Land Assessment | $85,000 | Total Assessment | $272,000 |
PROPERTY TAXES
