1512 PACIFIC AVENUE Atlantic City, NJ 08401

$1,000,000
1512 PACIFIC AVENUE, Atlantic City, NJ 08401
1001870894

Commercial Property for sale in Atlantic City, NJ

for $1,000,000. This building was built in 1925 on a lot size of 25X150.

Property Information

  • $1,000,000
  • Commercial
  • Taxes are $7,054
  • Other / Unknown
  • Active
  • Lot size of 25X150
  • Built in 1925
  • Atlantic City, NJ
  • Downtown Atlantic City Neighborhood
  • Atlantic County
  • MLS/Web ID is 1001870894

Description

This is a solid business with property for sale, located in a strip center with a high volume of traffic, nearby the casinos, outlet and boardwalk within walking distance. It is a long established business, easy to runs with very high profits, low expenses and lots of potentials to increase business /sales. Can turn the four stories high property into at least eight rooms and apartments; hours of operation can be expanding and lotto can be added to the business for additional sales and increase cash flow.

Room Information

  • Master Bedroom

Neighborhood & Schools

School District: ATLANTIC CITY SCHOOLS

 See complete school information

Listed By

Broker: KELLER WILLIAMS REALTY - MOORESTOWN

1512 PACIFIC AVENUE, Atlantic City, NJ, 08401 is a Commercial Property for sale at $1,000,000 with a lot size of 25X150. 1512 PACIFIC AVENUE has 0.0 baths and was built in 1925. 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 $340,078 66 % below $195,000 81 % below
Commerical listings in Atlantic City $624,016 38 % below $350,000 65 % below
Sold listings in Atlantic City $92,825 91 % below $74,500 93 % 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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