This exceptional commercial building, formerly a hotel with 48 rooms, offers immense potential for redevelopment. Building plans have already been approved for an additional 4th floor, which will house 32 apartments and a luxurious penthouse, making this an ideal opportunity for investors. The property has been completely gutted, providing a… Read More blank canvas for future development. Located in the heart of Atlantic City, just next to the Tropicana Casino and across the street from the beach, this prime location is further enhanced by its proximity to AC's first authentic Biergarten. With an income potential of over $500,000 per year, this is a rare chance to capitalize on a strategic location in one of the city's most vibrant areas. Read Less
Courtesy of BHHS FOX and ROACH-Margate.
Listing Snapshot
Days Online
404
Last Updated
MLS Number
594632
30 Days Snapshot Of 08401
$247k
+35%
(avg) sold price
25
+4%
homes sold
105
-1%
(avg) days on market
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