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2209-2231 Arctic Ave - Outlet Shopping District

0.71 Acres of Commercial Land Offered at $1,350,000 in Atlantic City, NJ 08401

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Investment Highlights

Prime lot located across from Bass Pro Shop in the Tanger Shopping Outlet.
Perfect location for grocery store, fast food, food court or more retail. Open to lease options.

Nearby access to Atlantic City Expressway.

Executive Summary

Funding available for grocery store in Atlantic City's food desert. CRDA previously approved 18,000,000 in funding for construction on a grocery store. Less than 1/4 mile from one of the busiest McDonalds in the whole country. Great site for chick-fil-a , taco bell or any fast food operator.

Property Facts

Price	$1,350,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail Mixed Use Apartment Units - Condo Carwash Department Store Drugstore Fast Food Storefront, Retail or Office
Sale Conditions	Ground Lease (Leased Fee) Build to Suit Lease Option	Total Lot Size	0.71 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$1,350,000
Sale Type	Investment or Owner User
Sale Conditions	Ground Lease (Leased Fee) Build to Suit Lease Option
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Mixed Use Apartment Units - Condo Carwash Department Store Drugstore Fast Food Storefront, Retail or Office
Total Lot Size	0.71 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 8,23

Price	$1,350,000	Lot Size	0.71 AC
Price Per AC	$1,899,111

Price	$1,350,000
Price Per AC	$1,899,111
Lot Size	0.71 AC

Contact Anthony Miranda for inquiries- accommercialbroker@aol.com or (609) 868-7937. Prime lot located across from Bass Pro Shop in the Tanger Shopping Outlet. High-traffic area with parking garage behind property. 30,000+ sq foot lot.

Description

Get in now before the opportunity passes you by!! This is the spot to be in AC!!! Very high foot and car traffic, Nearby access to Atlantic City Expressway. Less than 1/4 mile from the busiest Mcdonald's in the country Grocery store, fast food, retail or condos. The opportunity is knocking. 30,000 + sq ft lot ready for new tenants or owners!!

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Walk Score ®

Walker's Paradise (92)

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PROPERTY TAXES

Parcel Numbers	Multiple 02-00336-0000-00023 02-00336-0000-00007 02-00336-0000-00008	Improvements Assessment	$330,400
Land Assessment	$797,200	Total Assessment	$1,127,600

PROPERTY TAXES

Parcel Numbers

Multiple

02-00336-0000-00023
02-00336-0000-00007
02-00336-0000-00008

Land Assessment

$797,200

Improvements Assessment

$330,400

Total Assessment

$1,127,600

zoning

Zoning Code	Central Business District (Tourism/ Business District)
Central Business District (Tourism/ Business District)

Anthony Miranda
Valentino Realty

(609) 868-7937

Listing ID: 33232267
Date on Market: 10/26/2023
Last Updated:
Address: 2209-2231 Arctic Ave, Atlantic City, NJ 08401

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