127 S Ocean Ave Atlantic City, NJ 08401

$369,900
127 S Ocean Ave, Atlantic City, NJ 08401
Call 866-441-4349
471094

Commercial Property for sale in Atlantic City, NJ

for $369,900. The lot size is 65x60.

Property Information

  • $369,900
  • Commercial
  • Hotel/Motel
  • Active
  • Lot size of 65x60
  • Atlantic City, NJ
  • Downtown Atlantic City Neighborhood
  • Atlantic County
  • MLS/Web ID is 471094

Description

150 year old Queen Ann Victorian Hotel licensed with the State of NJ in the heart of AC's new Tourism District! Certified Use Approved by CRDA with AC Mercantile License. Beach Block property with High Elevation Never floods. Lucrative opportunities include opening a Bed & Breakfast or VERY highly profitable Rooming House. Located down the street from the World Famous Boardwalk, Jersey Shore Beach, Atlantic Ocean, the Walk, Steel, Ceaser's & Central Pier's, Bally's, Trumps, Ceasers, Resorts, Showboat, Revel

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Community Amenities

  • Boardwalk

Parking

  • Off Street Parking
  • Parking Spaces

Miscellaneous 1

Location

  • Beach Block
  • Business District

† Excluded Feature

Listed By

Listing Agent: CARRIE CAHILL
Broker: Atlantic City - WEICHERT, REALTORS® - The Asbury Group

127 S Ocean Ave, Atlantic City, NJ, 08401 is a Commercial Property for sale at $369,900 with a lot size of 65x60. The property's zip code is 08401 which is in Atlantic City, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Atlantic City $320,297 13 % below $180,000 51 % below
Commerical listings in Atlantic City $488,909 32 % above $389,000 5 % above
Sold listings in Atlantic City $92,825 75 % below $74,500 80 % below

Get the facts about Atlantic City, NJ!

Population 37,943
Population Growth (since 2000) -6 %
Median Income $29,904
Median Age 37.54
Households w/ Children 30 %

Residential Dwellings

  • Owned 4410
  • Vacant 3887
  • Rented 10541

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