For Sale
$800,000

3207 Fairmount Ave Atlantic City, NJ 08401

Established Bar, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a well-established bar located at 3207-3209 Fairmount Ave, Atlantic City, NJ 08401. Priced at $800,000, this property boasts a prime location and significant potential for growth. The property includes two addresses, 3207 and 3209 Fairmount Ave, encompassing a large lot. The main building houses a thriving bar featuring newer vinyl flooring, two pool tables, a bar with approximately 14 stools, and a fully equipped kitchen. Kitchen amenities include an ice maker, bay marie, fryer, walk-in freezer, liquor storage, and a commercial refrigerator. Upstairs space offers significant potential for banquet or party use, accessible via a separate entrance at 3209 Fairmount Ave. An adjacent vacant lot (3205) provides additional space ideal for outdoor dining or entertainment. The property also includes a 24-hour liquor license. The total assessment is $300,000, with 2021 taxes totaling $11,703. This turnkey operation is a must-see for discerning investors seeking a high-return opportunity in a vibrant Atlantic City location. The property's APN is 800-746-9464.

Highlights

  • Assessed Value: $300,000
  • Annual Property Taxes: $11,703
  • Tax Year: 2021

Property Details for 3207 Fairmount Ave

Property type
Retail properties, Retail space

Location Insight

City
Atlantic City
County
Atlantic
State
New Jersey
Latitude
39.3560233
Longitude
-74.4525856

FAQs

What type of property is this?
Retail property - Established Bar, Huge Potential
Where is the retail property located?
The property is located at 3207 Fairmount Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Assessed Value: $300,000; Annual Property Taxes: $11,703; Tax Year: 2021
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3207 Fairmount Ave
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