For Sale Block 354 Lot 3.01/3.02, Atlantic City, NJ, 08401

Great investment opportunity to own a double sided billboard on a high traffic highway! Located on the White Horse Pike right after Pleasantville and Absecon traffic merges onto the pike heading towards Atlantic City. The Billboard targets tourist and locals on their way to Ocean Casino, Hard Rock, Water Park and many more attractions. This is an excellent way to advertise while collecting rent from the second billboard at the same time! Make an offer and start advertising your business today!

7,433 sq ft building located on a busy corner location of Atlantic Avenue and Martin Luther King Blvd !!! Potential is endless for a business location with such high exposure . Building has two additional floors which need complete rehab to turn back into apartments or another use that the city would approve . Currently is a Thrift store .This building is a piece of the old time Atlantic City , was once the Paddock Club . Being sold AS IS .

INVESTOR ALERT- Turn Key Cash Flowing Commercial Mixed Use property ! 4,602.00 approx sq.ft mix use building with a store front and 2 apartments . All units separate gas and electric . First Floor is a Commercial storefront with private bathrooms. The commercial space is approximately 2,200 square feet. Apartment 1 has Three bedrooms. Apartment 2 is renovated/remodeled Two bedroom with Den/extra sleeping area is located in the heart of it all !!! Den is located on the lower level of this two story unit . Plus very large private deck off the kitchen . New Kitchen ,Flooring ,lighting, doors plus all new trim. Freshly painted Close to the Atlantic City Hospital ,Casinos , beach and boardwalk. Convenient location for Casino or Hospital workers!!! Annual NOI of $50,250.00 cap rate of at 10% $502,500. 9% $558,333. 8% $628,125.Rental Income rent : Storefront $2,500.00 or $30,000.00 per year , Second floor $1,650.00 or $19,800.00 per year . Third floor $1,650.00 or $19,800 per year . annual income of $69,600.00 .Water & Sewer $1,100.00 per year.