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$ 490,000
Est. payment | /mo
$ 490,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 575826
Style Comm. w/Apartments
Year Built 1930
Annual Tax Amount $8,653
Tax Year 2022
Property Description
Four-Story Mixed Use Investment Building in the heart of Atlantic City. Located in the Tourism, Opportunity and Green Zones, providing this building, and buyers, with lots of flexibility. 25 S MLK is one block from the beach/boardwalk and two blocks from the Orange Loop, Tanger Outlets, Claridge Hotel and Bally's Casino. This area provides lots of amenities for guests or tenants. Currently the building is comprised of one retail store and an apartment on the first floor with a land use showing four apartments and eight single rooms overall. Lots of potential here. Current owners recently updated the roof, siding, and windows. Sitting next to Atlantic City's Civil Rights Garden and Carnegie Center grant this building a beautiful setting unique to itself. Call for marketing package and P & L.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Location Details Business District,Boardwalk Area
Interior
Heating Gas-Natural, Hot Water
Building
Story 4
Sewer Public Sewer
Water Public
Listed by LEVIN COMMERCIAL REAL ESTATE, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "