For Sale 142 Tennessee Ave, Atlantic City, NJ, 08401

Investor Alert!!! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering convenient dual access. Situated less than a mile from the Atlantic Ocean, residents can enjoy the benefits of coastal living with easy beach access. This property offers incredible potential for rental income, in a spacious multi-family complex perfect for generating cash flow.

Prime ‘Orange Loop’ Investment Opportunity w/ Billboard: Seize the chance to own a piece of Atlantic City in the heart of its iconic Boardwalk district. This dual-parcel property offers significant commercial potential in the sought-after Resort Commercial District (RS-C), perfectly positioned for redevelopment or continued commercial use. Property Highlights: Prime Location: Lot 21: 52 feet of Boardwalk frontage on an 11,150 sf +/- parcel, boasting heavy pedestrian traffic and visibility. Lot 25: L-shaped 8,875 sf +/- parcel with 35 feet of frontage along St. James Place, ideal for storage or auxiliary use. Structures: Main Building: Approximately 30,975 sf +/- GBA (not including a full basement), circa 1960, in fair to average condition. Adjacent Storage Building: Approximately 20,195 sf +/- GBA, circa 1940, requiring extensive renovation. Zoning: Resort Commercial District (RS-C) permits diverse uses, including retail, hospitality, entertainment, and mixed-use residential/commercial ventures. Investment Potential: Highest and Best Use: Continued commercial operations or redevelopment with proper permits and approvals to unlock the property’s full potential in Atlantic City’s thriving market. Why Invest? Atlantic City’s Boardwalk is an internationally recognized destination, drawing millions of visitors annually. With its prime location and zoning flexibility, this property is perfect for businesses seeking unparalleled visibility or developers with a vision for revitalizing a historic part of the city. Take the next step in building your portfolio with this unique Atlantic City investment opportunity.

Prime Retail Opportunity in Atlantic City\'s Booming Orange Loop! Unlock the potential of this rare retail opportunity featuring two contiguous buildings with a combined 54 feet of retail frontage and +/- 3,544 usable square feet. These flexible spaces can function as four individual storefronts or one expansive retail unit, offering versatility to suit any business model. A paved off-street parking lot adds convenience, while a large front-lit billboard—featuring two rentable ad spaces—provides prime exposure. One building comes with land use approval and engineering plans for a Class 5 cannabis dispensary, streamlining your path to operation. Any plans and approvals must be confirmed by a buyer during their due diligence period.