MLS#NJAC2022504
STATUSACTIVE
PROPERTY TYPECommercial - Business
SCHOOLATLANTIC CITY SCHOOLS
Property Description
Exceptional turn-key investment opportunity featuring a fully operational and recently renovated 25-unit motel with commercial space, ideally located directly across from Tropicana Casino and one block from the beach at a signalized intersection in Atlantic City’s high-traffic resort district. This income-producing asset offers consistent guest demand, strong visibility, and diversified revenue potential, supported by well-maintained guest rooms and street-level commercial space benefiting from steady pedestrian flow. The property is secured by a land lease through 2056, providing long-term operational stability while recent upgrades enhance efficiency and curb appeal. Surrounded by casinos, dining, nightlife, and the Boardwalk, this offering is well-positioned for investors, hospitality operators, and 1031-exchange buyers seeking stable cash flow with future upside in a proven tourism market. *FULL RENOVATION UNDERWAY, NEW ROOF, NEW H/W HEATER, NEW FLOORING/WALLS, ANTICIPATED COMPLETION - 6/30/26*
Property Features
Property Type: Commercial - Business
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air
Roof Type: Flat
Taxes: $26,195
Year Built: 1956
Feature Descriptions
Days on Site: 136
Exterior: Block
Location: Downtown
Municipality: ATLANTIC CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Units: 25
Utilities: Cable TV, Sewer Available, Water Available, Multiple Phone Lines
Water: Public
Local Schools
School District: ATLANTIC CITY SCHOOLS
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach-Northfield
Agency Phone: 6096461900
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
2741 Pacific Avenue | MLS# NJAC2022504
This commercial property located at 2741 Pacific Avenue, Atlantic City, NJ 08401 is currently listed for sale with an asking price of $990,000. Pacific Avenue is located within the ATLANTIC CITY SCHOOLS school district. Search Atlantic City real estate on www.realtymarkllc.com today.