511-521 Pacific ave - Commercial LAND FOR SALE


Atlantic City, NJ 08401 17,128 SF
$1,200,000 USD
609-822-1836
511-521 Pacific ave, Atlantic City, NJ for Sale
$1,200,000 USD
Commercial LAND - FOR SALE
1/6
17,128 SF

511-521 Pacific ave
Atlantic City, NJ 08401


OVERVIEW

Totally a strategic and unique property which spans three contiguous lots totaling 17,129 square feet, covering the entire frontage of PacificAvenue between South Connecticut and Congress Avenues. At this busy intersection, you'll find a well-positioned, two-story, 3,900-square-foot building on the corner lot, directly across from the new luxury apartment complex 600 NoBe and the Bella Luxury Condo Tower. CornerVisibility: The fenced-in corner lot at Pacific and South Connecticut—a main access route to the Ocean Resort Casino—boasts high traffic and visibility. Fully Leased Parking Lot: The middle lot serves as a fully leased parking facility, generating steady revenue. Also close to Showboat water park facility. Development-Ready Building Shell: On the right side, the building shell presents endless potential for multi-family, commercial, or mixed-use redevelopment. Strategic Location: Located within the CRDA Tourism District, this site is newly zoned LH-1, opening the door for a range of investment opportunities. Just two blocks from the beach, this property is ideal for capitalizing on Atlantic City's growth.There is development potential here! Buildable lots must be a minimum 7,500 SQFT per lot is required for development, allowing these lots to be consolidated into a single project. Multi-Unit & Mixed-Use Capabilities: With the combined square footage, the property can support up to 10multi-family units with 20 required parking spaces, or commercial uses on the ground level. This is an incredible opportunity to invest in AtlanticCity's growing tourism and residential sectors—don't miss out on the chance to create a landmark development in this prime development location.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/ACRE

$3,051,667/AC

PRICE/SF

$70 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.39 AC

LAND SF

17,129 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mary Lou FerryFarley & Ferry RealtyMore Info
609-822-1836

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Mary Lou FerryFarley & Ferry RealtyMore Info
609-822-1836

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.