2741 Pacific Avenue

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Discover an exceptional investment opportunity with this 25-unit motel and commercial space, located across from the renowned Tropicana. This turn-key property, secured by a land lease until 2056, has been recently renovated and is fully operational. Each unit provides comfortable accommodations, attracting a steady stream of guests, while the versatile commercial space benefits from high foot traffic, ideal for retail ventures. Situated in a prime location, this property offers tremendous growth and profitability potential. Contact us today for more details and to schedule a viewing. 1 block from the beach at traffic light.

Price:$1,399,000
Address:2741 Pacific Avenue
City:Atlantic City
State:New Jersey
Zip Code:08401
MLS:NJAC2018056
taxLot:00019
mlsArea:Atlantic City (20102)
netSqft:9032
taxYear:2024
hotWater:Natural Gas
saleType:Standard
heatingYN:yes
possession:Settlement
coolingFuel:Electric
coolingType:Window Unit(s)
heatingFuel:Natural Gas
heatingType:Forced Air
sewerSeptic:Public Sewer
waterViewYN:no
businessType:Hotel/Motel, Other
centralAirYN:no
locationType:Downtown
municipality:ATLANTIC CITY
tidalWaterYN:no
yearAssessed:2024
listingLocale:200004363605
showingMethod:In-Person Only
typeOfParking:Parking Lot
waterAccessYN:no
waterBodyType:Ocean
taxAnnualAmount:26753
unparsedAddress:2741 PACIFIC AVE,ATLANTIC CITY,NJ,08401,ATLANTIC
waterOrientedYN:yes
yearBuiltSource:Estimated
carParkingSpaces:10
navigableWaterYN:no
potentialTenancy:Multiple
riparianRightsYN:no
taxAssessedValue:775000
vacationRentalYN:no
lotSizeDimensions:100.00 x 87.50
ownershipInterest:Other
propertyCondition:Very Good
propertyManagerYN:Y
buildingLevelCount:2
buildingUnitsTotal:25
groundRentExistsYN:no
lotDimensionsSource:Estimated
buildingTotalSqftSource:Estimated
listOfficeBrokerOfRecordKey:121135257485
totalGarageAndParkingSpaces:10
automaticallyUpdateTaxValuesYN:no
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Listing courtesy of BHHS Fox & Roach-Northfield (609) 646-1900

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