4100 Ventnor Ave., Atlantic City, NJ Commercial Property For Sale

Location
New Jersey

Listing ID
1557

Listing Details
Asking Price
$ 550,000

Industry
Real Estate

Reason for Sale
Partnership Split

Operations
Absentee Owner
No

Location
Square Footage
5032

Type of Location
Stand Alone

Facilities & Assets

Lot size is 32'x85'

Summary
Business Description

Beautiful corner property in Lower Chelsea neighborhood of Atlantic City close to Stockton University and only 1 block from the beach. Currently has two commercial storefronts that are rented and potential to convert the upper two levels into two 3 bedroom apts, each with its own fireplace and private deck. This will take some work to convert but has the potential to bring in an additional 5,000 per month in revenue. This could be a year round rental or Air BnB weekly rental with such close proximity to the beach and boardwalk. This building is being sold as is, with an existing environmental issue of a leaking oil tank. Remediation has been paused.

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4100 Ventnor Ave., Atlantic City, NJ Commercial Property For Sale

Location
New Jersey

Listing ID
1557


Listing Details
Asking Price
$ 550,000

Industry
Real Estate

Reason for Sale
Partnership Split

Operations
Absentee Owner
No

Location
Square Footage
5032

Type of Location
Stand Alone

Facilities & Assets

Lot size is 32'x85'

Summary
Business Description

Beautiful corner property in Lower Chelsea neighborhood of Atlantic City close to Stockton University and only 1 block from the beach. Currently has two commercial storefronts that are rented and potential to convert the upper two levels into two 3 bedroom apts, each with its own fireplace and private deck. This will take some work to convert but has the potential to bring in an additional 5,000 per month in revenue. This could be a year round rental or Air BnB weekly rental with such close proximity to the beach and boardwalk. This building is being sold as is, with an existing environmental issue of a leaking oil tank. Remediation has been paused.