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Office Building with Residential Reuse Potential

17 S Presbyterian Ave, Atlantic City, NJ 08401

For Sale
$400,000

Historic records identify the structure as a former 9-unit apartment building, while current use is office space.

Property Size5,500 SF
Price / SF$88.89
Days on Market90

Property Features for 17 S Presbyterian Ave

General Information

Standard status Active
Size 5,500 SF
Property subtype Multi-Family

Building Details

Year Built 1950
Buildings 1
Building Size 5,500 SF
Listing Agency: Levin Commercial Real Estate, LLC.
Listed By: Joshua Levin · License NJ #9235858
Source: Viewmarylandhomesforsale
Added: Aug 14 Changed: Nov 1 Last Checked: Nov 10 at 10:42AM

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 Levin Commercial Real Estate, LLC.

Rey
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Investment Insights

Based on property information with market context.

The 4,500-square-foot property is currently used as office space and was built in 1950. A kitchen leak caused water damage, which has been mitigated. Historic records and property cards identify the building’s original configuration as a 9-unit apartment property.

Current zoning allows 3 units. The property is eligible to seek a Certificate of Non Conformity to restore its former density, subject to required approvals. Any residential redevelopment must comply with FEMA rules prohibiting units below the Base Flood Elevation. Buyers are responsible for obtaining approvals and preparing architectural plans and professional documentation for the application process.

Key Highlights

  • 4,500‑square‑foot office property built in 1950
  • Historic records identify its original use as a 9‑unit apartment building
  • Current zoning permits 3 units; eligible to seek a Certificate of Non Conformity for prior density

Property Analytics

Current Use

DLA Piper Law Firm SME Business Review Media Distribution Robert Molden Dumpster ... General Contractor Levin Commercial Real ... Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Garden Center Storage Facility Catering Service (Bike/Boat/Book/etc) Store Plumbing Service

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

2,460
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

Average Price Trend$/SF for Office buildings in Atlantic County, NJ

$191 Jul
$226 Aug
$192 Sep
$192 Oct

Properties on Market for Office buildings in Atlantic County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Historic records identify the structure as a former 9-unit apartment building, while current use is office space.
Where is this office building located?
The property is located at 17 S Presbyterian Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 4,500‑square‑foot office property built in 1950; Historic records identify its original use as a 9‑unit apartment building; Current zoning permits 3 units; eligible to seek a Certificate of Non Conformity for prior density
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