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$ 249,999
Est. payment /mo
Price Dropped by $27K
1117 Arctic Ave Atlantic City, NJ 08401
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 589534
Annual Tax Amount $4,557
Tax Year 2024
Property Description
ATLANTIC CITY'S WORLD FAMOUS BOARDWALK Don't miss this incredible Commercial Money Maker! This property offers a fantastic opportunity to live in one of the two spacious 2-bedroom, 1-bath apartments while leasing out the commercial storefront and the second apartment. Currently operating as a bike shop, the storefront features charming exposed brick walls, adding a unique touch to its appeal. The property is equipped with 3 separate electrical panels and a 2-year-old water heater, ensuring convenience and efficiency for all tenants. Located in a prime spot, this property is just steps away from the beach, casinos, boardwalk, mini golf, bicycle rentals, boating, fishing, and the brand-new Island Water Park. Plus, it's a short drive to iconic attractions like Lucy the Elephant, as well as fine restaurants and bars. Whether you're an investor or looking for a live-and-earn opportunity, this property offers incredible potential in a thriving location.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Building
Story 3
Listed by KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
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