$450,000
Sold

916 Arctic Avenue

Atlantic City, NJ 08401
0.72 acres | #584721
Type:Purchase
Structure:Land
Zone:Residential

Description

Very Large Buildable Lot in CBD Zone! Green Zone Approved for Cannibus Industry as well as Commercial/High Rise Mixed Use Zoned land within close proximity to Showboat, Indoor Island Water Park, Ocean Casino & Hotel, Hardrock Casino & Steel Peir, Resorts & Margaritaville, The Seed Brewery, The Little Water Distillery, Borgata, MGM, Harrahs, Golden Nugget & Farley Marina, The Absecon Lighthouse, Historic Gardners Basin, Gilchrest & Backbay Alehouse, The Atlantic City Aquarium, Fishing Jetties and Peirs, and of course only 4 blocks to the Jersey Shore Beaches of the Atlantic Ocean and the Worlds most Famouse Boardwalk! Zoning allows for 220' height-80% lot coverage. Commercial required on first floor-balance can be mixed use-condos-apts-etc. parking requirements vary by use. Phase 1 can be provided after an accepted offer. No architect plans has been done & this is a AS IS land sale. Lot size = 26,280 sf FAR = 8.0 for CBD Max Building Size = 210,240 sf Max Height = 220ft Allowable Buildable Area = 19,705 sf210,240 sf/19,705 sf = 10.66 floors 10 floors @ 14' F/F = 140' (estimate)

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    IDX information is provided exclusively for 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 not guaranteed.

    Last Updated: . Source: SJSMLS

    Listing Courtesy
    Listing Agent: GERARD (Jerry) BARKER (#6801)
    Listing Office: WEICHERT REALTORS ASBURY GROUP-AC (#1067)

    Marco ScarabaggioReal Estate Group

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