1732 Atlantic Ave Atlantic City, NJ 08401

$99,900
1732 Atlantic Ave, Atlantic City, NJ 08401
Call 1-800-839-1363
479326

Commercial Property for sale in Atlantic City, NJ

for $99,900. The lot size is 28.33x125.

Property Information

  • $99,900
  • Commercial
  • Business
  • Active
  • Lot size of 28.33x125
  • Atlantic City, NJ
  • Downtown Atlantic City Neighborhood
  • Atlantic County
  • MLS/Web ID is 479326

Description

BUSINESS AND EQUIPMENT FOR SALE. NOT THE BUILDING. FORMALLY SUBWAY RESTAURANT, NOW MR. STEAK. PROFITABLE OPERATION IN CENTRAL LOCATION. OWNER is anxious to sell NOW. CAPACITY 200 SEATS. LIST OF EQUIPMENT AND REMAINING 1 YEAR LEASE AVAILABLE UPON REQUEST With OPTION TO EXTEND FOR 5 YEARS. $3760 PER MONTH UNTIL July, 2017. 3% INCREASE UNTIL July 2018, THEN OPTION. TWO MONTHS SECURITY DEPOSIT ESTIMATE COST FOR CURRENT OPERATOR FOR UTILITIES YEARLY ARE ELECTRIC: $12, 000 GAS $ 4800, 00 SEWER $900 WATER $700 INSURANCE $1700

Interior 5

Heating System

  • Gas

Interior

  • Public Restroom
  • Smoke Alarm
  • Storage

Room Features

  • Laundry/Utility Room

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Community Amenities

  • Boardwalk

Road Frontage

  • Public Road

Waterfront Description

  • Island

Miscellaneous 3

Commercial

  • Display Window
  • Equipment Included
  • Fixtures/Furniture
  • Office Space
  • Restroom(s)

Land Documents

  • Leases

Location

  • Business District

† Excluded Feature

Listed By

Listing Agent: Nathan Chait
Broker: Atlantic City - WEICHERT, REALTORS® - The Asbury Group

1732 Atlantic Ave, Atlantic City, NJ, 08401 is a Commercial Property for sale at $99,900 with a lot size of 28.33x125. The property's zip code is 08401 which is in Atlantic City, NJ

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Pricing History

Date Price Price Change Description
6/7/2017 $99,900 -31.10 % Price Change
4/24/2017 $145,000 -17.14 % Price Change
12/21/2016 $175,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Atlantic City $313,731 214 % above $169,900 70 % above
Commerical listings in Atlantic City $638,712 539 % above $397,000 297 % above
Sold listings in Atlantic City $92,825 7 % below $74,500 25 % 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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