206 & 211 N Iowa Ave Atlantic City, NJ $ 1,500,000
206 & 211 N Iowa Ave
$ 1,500,000
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206 & 211 N Iowa Ave

Atlantic City, NJ, 08401
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 10,478

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Studio

Commercial Property for sale in Atlantic City, NJ

for $1,500,000. This building was built in 1970.

APPROXIMATELY 390 FEET ON THE WATER!! CAFRA APPROVED!! Unlock a World of Opportunities! Breathe new life into this once-thriving Marina or reimagine it as a serene waterfront residential community. Positioned across from the historic OLD Bader Field and Baseball Stadium, enjoy easy access to the inlet and back Bays. Discover 12 distinctive lots in total! On the Lake Side, you'll find 8 captivating lots. Highlighting this side is a spacious 3,200 sq ft garage-style structure with 8 bays—an ideal canvas for your creative vision. On the Restaurant Side, a unique opportunity awaits with 4 lots. Envision a charming 3,000 sq ft boathouse/restaurant-style structure complete with bathrooms. Picture over an acre of enchanting floating docks, slips, and a world of potential revenue! Alternatively, explore the possibility of crafting residential homes or condos, inspired by the nearby Sunset Ave approach. Here, 26' wide lots cleverly integrated waterfront land for heightened value. Pending necessary approvals, this property could potentially host around 14 distinct properties. For a captivating twist, combine the allure of condos with the allure of a marina, creating an enduring stream of residual income. Imagine a waterfront restaurant seamlessly integrated with a charming marina, both perfectly positioned to capture the beauty of each sunset. Unleash your creativity on this remarkable canvas!

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,133

Style

Commercial,Marina

Year Built

1970

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

577014

Features
General
Water Public
Sewer Public Sewer
Status Active Active
Year Built 1970
Parking Off Street
Style Commercial Marina
Class COMMERCIAL/INDUSTRIAL
Tax Year 2022
Roof Cedar Shake Flat
Waterfront Yes
Area Atlantic City
Location Bay Front Corner Inlet Inside Water View
Taxes 1133
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Interior
Basement Slab
Stories 1
Interior Features Restroom Storage
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Exterior
Lot 7.01
Number of Buildings 2
Lot Dimensions 288'x80'/350'x100'
Exterior Features Dock/Pier/Slip Fence Restrooms Storage Building
Exterior/Siding Block
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* Excluded Features
List By
Keller Williams Realty Jersey Shore-Margate

Broker

Affordability Calculator

$10,572
Per Month
99%
1%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$94
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2023$1,500,000 Listed Price

Map


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206 & 211 N Iowa Ave, Atlantic City, NJ, 08401 is a Commercial Property for sale at $1,500,000. 206 & 211 N Iowa Ave is a studio with 0.0 baths and was built in 1970. The property's zip code is 08401 which is in Atlantic City, NJ