Sold 11/01/2022
Address
3201 Atlantic Avenue, Atlantic City, NJ
Price
$ 1,487,500
Property Attributes
  • TypeCommercial
  • CountyAtlantic County
  • CityAtlantic City
  • Zip08401
  • Style
  • Price$ 1,487,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Property Description

One if a kind investment opportunity. Two commercial units on the ground floor and ten residential apartments on the second and third floor. This property is in a prime location on the corner of Atlantic Ave and N Montpelier Ave, 2 blocks away from the boardwalk and in the UniversityDistrict of Atlantic City close to Stockton University. This building is 100% occupied for both the commercial units and the residential units. There are two 2 bedroom units, six one bedroom units, and 2 studios, each residential unit has one full bathroom. The commercial unit in the front of the building has seven rooms that includes a large conference room, half bathroom, open waiting area, break area/ kitchen, and three offices.The second commercial unit is being leased by a doctor's office and consists of a lovely waiting area, four incredible examination rooms and a spaciest half bathroom. This property comes with lot 14, 2 N Montpelier Ave, directly behind this building which is now a parking lot for the commercial tenants.

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08401

Price
AVG $790K
$1.49M

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