114 N Mississippi Ave Atlantic City, NJ $ 495,000
114 N Mississippi Ave
$ 495,000
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114 N Mississippi Ave

Atlantic City, NJ, 08401
$ 495,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,088

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Commercial Property for sale in Atlantic City, NJ

for $495,000. This building was built in 1950 on a lot size of 0.04.

Fantastic opportunity! Legal 6 units!!! Phenomenal location across from Tanger outlets and Arts Garage. Designated Arts and Tourism district with iconic White House Subs and Angelo's Fairmount Tavern at each corner. Close to Train and bus terminals, hospital, Casinos & more. 92 walk Score. A Walker’s Paradise. All units 1 Bedroom, 1 Bath. Rear unit is vacant and in need of renovation with projected rent at $1,200/month. All other units are in good condition with Certificates of Occupancy. Last unit rented for $1,050/month. Upgraded units could easily rent for $1,200/month. Tenants pay electric and heat (electric baseboard). Expenses are actual and provided by the Seller. Property has rear yard with shed that can be renovated to include coin op washer & dryer. Building is being sold AS-IS.

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Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 7,767

Style

Lot Size

0.04

Year Built

1950

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

597815

Features
Interior
# of Units 6
Stories 3
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General
Status Active Active
Year Built 1950
Class COMMERCIAL/INDUSTRIAL
Tax Year 2024
Status Detail 0
Waterfront No
Area Atlantic City
Taxes 7767
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Exterior
Lot 24
Number of Buildings 1
Lot Dimensions 18.2 x 100
Lot Size Area 0.04
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* Excluded Features
List By
Coldwell Banker Argus Real Estate-Northfield

Broker

Affordability Calculator

$3,735
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2025$495,000 Listed Price

Map


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114 N Mississippi Ave, Atlantic City, NJ, 08401 is a Commercial Property for sale at $495,000 with a lot size of 0.04. 114 N Mississippi Ave was built in 1950. The property's zip code is 08401 which is in Atlantic City, NJ