1435-1441/168 BOARDWALK/ST JAMES PL Active

Atlantic City,NJ 08401

$ 3250000

- Bed

- Bath

51170 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 51,170 sqft

Price per Sqft $63

MLS Listing ID NJAC2015704

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $38,765

Tax Year 2024

Lot Dimensions 50.00 x 0.00

Property Description

Prime ‘Orange Loop' Investment Opportunity w/ Billboard: Seize the chance to own a piece of Atlantic City in the heart of its iconic Boardwalk district. This dual-parcel property offers significant commercial potential in the sought-after Resort Commercial District (RS-C), perfectly positioned for redevelopment or continued commercial use.

Prime Location: Lot 21: 52 feet of Boardwalk frontage on an 11,150 sf +/- parcel, boasting heavy pedestrian traffic and visibility. Lot 25: L-shaped 8,875 sf +/- parcel with 35 feet of frontage along St. James Place, ideal for storage or auxiliary use.

Structures: Main Building: Approximately 30,975 sf +/- GBA (not including a full basement), circa 1960, in fair to average condition. Adjacent Storage Building: Approximately 20,195 sf +/- GBA, circa 1940, requiring extensive renovation. Zoning: Resort Commercial District (RS-C) permits diverse uses, including retail, hospitality, entertainment, and mixed-use residential/commercial ventures.

Investment Potential: Highest and Best Use: Continued commercial operations or redevelopment with proper permits and approvals to unlock the property's full potential in Atlantic City's thriving market.

Why Invest? Atlantic City's Boardwalk is an internationally recognized destination, drawing millions of visitors annually. With its prime location and zoning flexibility, this property is perfect for businesses seeking unparalleled visibility or developers with a vision for revitalizing a historic part of the city.

Take the next step in building your portfolio with this unique Atlantic City investment opportunity.

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning RS-C

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Other

Heat Source Natural Gas

Exterior

Utilities Available Cable TV,Multiple Phone Lines,Sewer Available,Water Available,Natural Gas Available,Electric Available

Water Access N

Roof Type Flat

Accessibility Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00052-00021

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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