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Thomas Byrne

Thomas Byrne 215-327-9152 609-399-0076

3160 Asbury Avenue, Ocean City

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

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142 Tennessee Ave, Atlantic City, NJ, 08401 Main Picture

142 Tennessee Ave, Atlantic City, NJ, 08401

$1,399,000

Thomas Byrne
  • Buyer Agent Compensation: N/A
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FABULOUS OPPORTUNITY TO OWN THIS FULLY OCCUPIED 15, 000 SF HOTEL WITH 42 ROOMS AND A 5,000 SF RESTURANT/SPORTS BAR ON THE BEACH BLOCK OF ATLANTIC CITY. GREAT LOCATION WITH OCEAN VIEWS. JUST 2 BLOCKS FROM RESORTS CASINO / HOTEL. THIS INCOME PRODUCING PROPERTY IS A RARE FIND AND A MUST SEE. FINANCIALS AVAILABLE TO QUALIFIED BUYERS. CAN BE SOLD WITH OR WITHOUT NJ LIQUOR LICENSE.

Listing courtesy of: A C LANDMARK LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size
Tax 31872.00
SQFT
ExteriorStone, Vinyl
InteriorFeatures220 Volt Electricity
HotWaterGas
SewerPublic Sewer
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2021
Area Atlantic City
ParkingGarageNone
HeatingGas-Natural
WaterPublic
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Nearby Listings

Welcome to your dream home at 124 S Ocean Ave, Atlantic City, NJ 08401 – a remarkable rental opportunity that combines beachside living with modern luxury. This exquisite 4-story beach block home is located just one street away from the vibrant and newly revitalized South Tennessee Avenue, placing you within walking distance to some of the trendiest eateries, entertainment spots, and local attractions in Atlantic City. Legally zoned as a duplex, this property offers a unique opportunity to generate extra income. Whether you live in one unit and rent out the other or capitalize on the booming Airbnb market, the possibilities are endless. Situated just a short walk from the famous Atlantic City beach, this home provides unparalleled access to sun, sand, and surf, making it a highly desirable rental property for vacationers and long-term tenants alike Expansive Living Space: This home boasts 5 generously sized bedrooms and 3 full bathrooms, offering ample space for family, friends, and guests. The thoughtfully designed layout ensures privacy and comfort for everyone. Experience the perfect blend of historic charm and contemporary living with brand-new flooring throughout, a state-of-the-art hot water heater, and all-new, high-end appliances that cater to your every need. The property includes a dedicated laundry room for your convenience and a full basement providing abundant storage space or potential for additional living areas. Breathtaking Views: Ascend the convenient staircase to the 4th-floor deck and be captivated by the stunning panoramic views of Atlantic City and the sparkling Atlantic Ocean – an ideal spot for relaxation or entertaining guests.Dining and Entertainment: Enjoy the convenience of being close to South Tennessee Avenue\'s finest dining options, including trendy eateries, cafes, and bars that cater to all tastes and preferences. Benefit from nearby shopping centers, boutiques, and essential services, all within easy reach, ensuring you have everything you need at your fingertips. Excellent public transportation options make commuting and exploring Atlantic City and beyond a breeze. This property is more than just a house – it\'s a lifestyle. 124 S Ocean Ave offers an unparalleled combination of space, location, and modern amenities, perfect for large families, investors, or those seeking a luxurious beachside retreat. The opportunity to generate additional income through its duplex zoning adds significant value, making this an exceptional investment. Don\'t miss out on the chance to own a piece of Atlantic City\'s vibrant beach community. Schedule a viewing today and experience the unique charm and modern elegance of this remarkable home.

Property 2

124 Ocean Ave, Atlantic City

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  • $435000

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.

Property 2

1435-1441 Boardwalk, Atlantic City

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