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In-PersonVirtual Tour
$ 400,000
Est. payment | /mo
5,500 SqFt
$ 400,000
Est. payment | /mo
5,500 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 - 10 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $72
MLS Listing ID 611448
Annual Tax Amount $13,013
Tax Year 2025
Lot Size 5,500 Sqft
Property Sub-Type 4 - 10 Units
Property Description
This 5,500 sq ft building is currently used as office space and recently sustained water damage from a kitchen leak, which has been fully mitigated by Serve Pro. Historic records and Property Cards show the structure was originally built as a 9 unit apartment building, and although current zoning permits only 3 units, the property is eligible for a Certificate of Non Conformity to restore its prior density. Any residential redevelopment must comply with FEMA regulations, which prohibit units below the Base Flood Elevation. Buyers will be responsible for securing all required approvals, including architectural plans and professional documentation needed for the application process. The owner, is a Licensed Real Estate Broker. Call for full marketing package and additional details.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Rooms
Basement 6 Ft. or More Head Room, Full
Interior
Heating Forced Air, Gas-Natural, Multi-Zoned
Exterior
Exterior Feature Brick
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by LEVIN COMMERCIAL REAL ESTATE, LLC
Nearby Locations
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