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Mixed-Use Property for Redevelopment
For Sale
$325,000

1600 Arctic Ave, Atlantic City, NJ 08401

Corner building in the Central Business District requiring utility installation and complete interior redevelopment.

Property SizeContact for details
Days on Market41

Property Features for 1600 Arctic Ave

General Information

Standard status Active

Property Condition

Severity Major Repairs Needed
Evidence completely gutted

Site & Location

Corner Location Yes
Utilities to Site No
Listing Agency: GRACE PROPERTIES
Listed By: ANTHONY MIRANDA · License #0569365
Source: Bernadetteaugello
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 12:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRACE PROPERTIES

Investment Insights

Based on property information with market context.

Located at 1600 Arctic Ave in Atlantic City, the building occupies a corner position within the Central Business District. The interior has been completely gutted, and utilities are not currently connected, leaving the property configured for a new development plan.

The two-floor layout can support commercial space throughout or a mixed-use arrangement with commercial space at street level and apartments above, subject to applicable approvals and construction requirements.

Key Highlights

  • Corner location in Atlantic City's Central Business District
  • Building is completely gutted and ready for redevelopment
  • Utilities are not currently connected

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,916
Businesses Nearby

Demographics for 08401, NJ

38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner building in the Central Business District requiring utility installation and complete interior redevelopment.
Where is this mixed-use property located?
The property is located at 1600 Arctic Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Corner location in Atlantic City's Central Business District; Building is completely gutted and ready for redevelopment; Utilities are not currently connected
More about this property
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