This is an exceptional, 6,600 sq ft, 3-story investment opportunity on a prime stretch of Atlantic Avenue, offering massive income potential from both commercial and residential rentals. The first floor is a huge, 3,500 sq ft commercial space perfect for a lucrative business like a Dispensary or Groceries Store. The… Read More upper floors are architecturally planned and fully approved for a dedicated short term rental operation: the second floor will be four 1-bedroom units, and the third floor will be a large 2-bedroom unit, all ideal for Airbnb purposes. The complex approval process is complete; you just need to pay the final permits to start construction immediately. Capitalize on Atlantic City's steady flow of tourists and conventions with this nearly turnkey project, poised to generate high-yield income from five premium residential units and a high-rent commercial anchor tenant. Read Less
Courtesy of KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield.
Listing Snapshot
Days Online
68
Last Updated
Year Built
1920
MLS Number
602767
30 Days Snapshot Of 08401
$289k
+17%
(avg) sold price
24
-4%
homes sold
103
-18%
(avg) days on market
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