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206 N Iowa

Atlantic City, NJ 08401
  • $1,100,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 556713
UPDATED: 86 min ago
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Opportunities Await! Bring this once thriving Marina back to life or change it to a waterfront residential community! Sitting across the inland waterway from the old Bader Field and Baseball Stadium, its located with easy access to the inlet and back Bays. There are 8 lots total with a block 3,200 sq ft garage like structure with 8 bays included. 4 of the lots are taxable land under water with no yearly Riparian fee to the state. Imagine almost an acre of floating docks, slips and revenue! Another option is creating residential homes or condos. Look no further than a block over on Sunset Ave. They created 26' wide lots and included the waterfront land for added value. With proper approvals, that could yield around 10 properties. Could also do the condos plus the Marina aspect for residual income too. A lot to choose from. Also, an active marina with a 3,000+ sq ft building can be included for the right buyer at the right price. This property is on the other side of Iowa Ave. Boat slips are currently rented. This property screams a waterfront restaurant plus a marina with docks. The perfect sunset from both properties everyday! Get creative!

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© 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-11-30T15:49:57.747.
www.oceancitynewjerseyhomes.com/homes/122603938
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206 N Iowa Atlantic City, NJ 08401

  • Price: $1,100,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 86 min ago
  • MLS #: 556713
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
Opportunities Await! Bring this once thriving Marina back to life or change it to a waterfront residential community! Sitting across the inland waterway from the old Bader Field and Baseball Stadium, its located with easy access to the inlet and back Bays. There are 8 lots total with a block 3,200 sq ft garage like structure with 8 bays included. 4 of the lots are taxable land under water with no yearly Riparian fee to the state. Imagine almost an acre of floating docks, slips and revenue! Another option is creating residential homes or condos. Look no further than a block over on Sunset Ave. They created 26' wide lots and included the waterfront land for added value. With proper approvals, that could yield around 10 properties. Could also do the condos plus the Marina aspect for residual income too. A lot to choose from. Also, an active marina with a 3,000+ sq ft building can be included for the right buyer at the right price. This property is on the other side of Iowa Ave. Boat slips are currently rented. This property screams a waterfront restaurant plus a marina with docks. The perfect sunset from both properties everyday! Get creative!
Exterior Features

Commercial Style CommercialMarina Exterior Features Dock/Pier/SlipFenceStorage Building Location Bay FrontWater View Lot Dimensions 288'X80'/350'X100' Rip+/- Parking Off Street Siding Exterior Block Stories 1

Interior Features

Basement Slab

Property Features

Age Range 25+ Years Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Buildings 1 May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 2020 Taxes 14355 Water Public

Listing information © 2021 South Jersey Shore Regional MLS.
Listing provided courtesy of Glen Cove Real Estate.


© 2021 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-11-30T15:49:57.747.
 
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