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This Hospitality Property is no longer advertised on LoopNet.com.

3400 Pacific Ave
Atlantic City, NJ 08401

Original Golden Nugget: 330 Rooms: 23 Stories · Hospitality Property For Sale · 588,416 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.87 AC
Construction Status Under Renovation
Building Size 588,416 SF
No. Stories 23
Year Built/Renovated 1980/2026
Parking Ratio 0.8/1,000 SF
Corridor Interior

Amenities

  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Casino
  • Destination Resort
  • Convention Hotel
  • Meeting Event Space
  • Public Access Wifi

About 3400 Pacific Ave , Atlantic City, NJ 08401

** One of a Kind Property ** Scheduling Tours for All Qualified Buyers ** Loaded with Potential ** Once in a Lifetime Opportunity ** Currently in Negotiations with Several Parties ** Serious Parties Must Tour ** JSG Realty proudly presents 3400 Pacific Avenue, the former Golden Nugget, Ballys Grand and recently the Atlantic Club. Single Tower for Sale, Triple Net Lease, Joint Venture or other operations. Tower is 20 Stories. 330 Units overlooking the Ocean. The property was originally developed by Steve Wynn in 1980. This extremely rare and special opportunity located on the Prime South-end of Atlantic City includes the following opportunities below. Atlantic City is currently undergoing a resurgence with billions of dollars being poured into new Hotel, Apartment and other commercial ventures. This property is located in an OPPORTUNITY ZONE. Ideal for the following usage: * Hospitality * Student Housing * Apartments - Rentals or Condos * Timeshare * Short-Term Rentals * Corporate Housing Please note, we can sell or lease a portion of a single tower. Ownership is creative and flexible. Under new ownership as of September 2019, the property is actively engaging Hotel operators, residential developers, student housing facilities, office and retail tenants, joint ventures, investors and additional interested suitors. The property is in good condition and currently undergoing maintenance and various upgrades. This is a unique asset with unlimited potential for the right tenant, investor or other. Please contact to discuss further. Serious inquiries only.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-00025-0000-00002
  • 02-00184-0000-00009
  • 02-00184-0000-00012
  • 02-00184-0000-00013
  • 02-00001-0000-00036
  • 02-00026-0000-00002
  • 02-00184-0000-00011
  • 02-00026-0000-00001
  • 02-00184-0000-00010
  • 02-00025-0000-00001
  • 02-00025-0000-00003
  • 02-00185-0000-00009
Land Assessment
$10,828,100
Improvements Assessment
$14,171,900
Total Assessment
$25,000,000
  • Listing ID: 17506436

  • Date on Market: 10/20/2019

  • Last Updated:

  • Address: 3400 Pacific Ave, Atlantic City, NJ 08401

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