1624 Pacific Ave, Atlantic City, NJ 08401

$499,000

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List Price
$499,000
Days on Market
70
Status
ACTIVE
MLS#
NJAC2024656
Year Built
1920
County
Atlantic
School District
Atlantic City Schools

Property Description

1624 Pacific Avenue is a three-story ±7,000 SF mixed-use building located in a Redevelopment and Opportunity Zone. The ground floor is fully approved for a Class 5 retail cannabis dispensary, offering a rare opportunity in a rapidly developing area. Second and third floors were historically residential, though currently inactive. All approvals and due diligence are the responsibility of the buyer. Prime location with direct access in and out of town. 1 block to the beach and boardwalk, and 2 blocks from AtlantiCare Regional Medical Center, the Orange Loop, and the central business district. Surrounded by major new construction and redevelopment projects currently underway. Parking available nearby. Call for marketing package.

Additional Information

Area
Atlantic City (20102)
Taxes
$8,111
Stories
3
Heating
Forced Air
Cooling
Central A/C
Roof
Flat, Pitched
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Levin Commercial Real Estate, LLC.. Contact: 6093445200