125 S DR MARTIN LUTHER KING BLVD Atlantic City, NJ 08401
121,000 SqFt
UPDATED:
11/14/2024 07:54 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 121,000 sqft
Price per Sqft $28
MLS Listing ID NJAC2015286
Originating Board BRIGHT
Year Built 1929
Annual Tax Amount $132,902
Tax Year 2024
Lot Size 0.364 Acres
Acres 0.36
Lot Dimensions 105.00 x 151.00
Property Description
The building closed a few years ago and was shut down and boarded up. Renovations and updating need to take place. Asking $27,777.777 per door. This is a doable project and the triple 7's tell you all you need to know! Located in the Federal Opportunity Zone with possible State and Federal Historic Tax Credits Available.
The neighboring Parking Garage is owned by someone else. No information on the garage is available at the time this offering went to market.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning RS-C
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility Elevator, Ramp - Main Level
Road Frontage City/County
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00048-00009
Ownership Fee Simple
SqFt Source Assessor
Security Features Fire Detection System,Sprinkler System - Indoor,Smoke Detector
Special Listing Condition Standard
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