For Sale
$2,000,000

1829 Arctic AveAtlantic City, NJ 08401

Prime .57-acre commercial lot, CBD zoning.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.57-acre commercial land parcel presents a significant development opportunity in Atlantic City, New Jersey. Located at 1829 Arctic Avenue, this assemblage comprises nine lots and two alleys, all under single ownership, offering a consolidated and highly desirable development site. The property boasts a prime location adjacent to the bustling Tanger Outlets on Arctic Avenue, experiencing a high traffic volume of approximately 21,000 vehicles daily. Situated between Ohio and Indiana Avenues, the property benefits from excellent frontage on Arctic Avenue, ensuring high visibility and accessibility. The strategic location offers easy access to the Atlantic City Expressway, as well as convenient proximity to the train station and bus terminals, all within walking distance. Further enhancing its appeal, an adjacent property has received approval for a five-story mixed-use development, projected for completion in 2024/2025, indicating a strong and growing market in the area. The property is zoned for Commercial Business District (CBD) use, providing flexibility for a wide range of development possibilities. This is a rare opportunity to acquire a substantial, centrally located parcel in a thriving Atlantic City commercial corridor. The asking price for this exceptional development site is $2,000,000.

Property Details for 1829 Arctic Ave

Property type
Land
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Atlantic City
County
Atlantic
State
New Jersey
Latitude
39.361346
Longitude
-74.435369
1829 Arctic Ave, Atlantic City, New Jersey

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1829 Arctic Ave
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