2243 ARCTIC AVE Atlantic City, NJ 08401
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJAC2019064
Year Built 1960
Annual Tax Amount $5,913
Tax Year 2024
Lot Size 5,336 Sqft
Acres 0.12
Lot Dimensions 35.57 x 150.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The property features a ±2,726 square foot building that includes a ground-level commercial retail space and a second-floor residential apartment. The apartment offers two bedrooms and one bathroom, making it ideal for an owner-operator, staff housing, or additional rental income. A private parking lot located at the rear of the building provides ten dedicated spaces for customers and staff. The building is also equipped with a walk-up window, offering convenient service for ordering and picking up food, and providing opportunities to expand takeout or seasonal offerings.
In addition to the operating business and real estate, the property includes a cell tower pole that generates consistent rental income, creating an additional revenue stream. The location offers excellent visibility in the heart of Atlantic City, just minutes from the boardwalk, casinos, and major roadways. Its central position benefits from high foot traffic and easy accessibility, further enhancing its appeal as a profitable and strategic investment.
This is a truly exceptional opportunity to acquire a turnkey business with deep roots in the community, paired with income-producing real estate in a prime coastal market. For more information, detailed financials, or to schedule a private tour, please contact us today.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning CBD
Interior
Hot Water Natural Gas
Heating Central
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00336-00024
Ownership Other
Special Listing Condition Standard
Nearby Locations
Email hope@thebreedengroup.com
Address 1425 Clarkview Rd, Baltimore, MD 21209, USA
Hope Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.
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