United StatesNew JerseyAtlantic City206 N Iowa Avenue Avenue

206 N Iowa Avenue Avenue
206 N Iowa Avenue Avenue Atlantic City, New Jersey 08401 United States

$1,100,000
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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...

Goldcoast Sotheby's International Realty

Listing Courtesy of Goldcoast Sotheby's International Realty
$1,100,000
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Commercial
Property type
1970
Year Built
556713
Web Id
556713
MLS ID
Atlantic City
School District
13
days ago

About 206 N Iowa Avenue Avenue

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!

Listing Courtesy of GLEN COVE REAL ESTATE

Amenities

  • Fenced
  • Storage / Out-building(s)
  • Dock
Listing Courtesy of Goldcoast Sotheby's International Realty

Goldcoast Sotheby's International Realty

Listing Courtesy of Goldcoast Sotheby's International Realty
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