Short Term Beach Housing/Former Hotel – Atlantic City, NJ

Property Info

Zetabid is pleased to present this former 42 room hotel in Atlantic City for sealed bid auction. Currently being operated as short-term housing and located only a few minutes from the beach, this property maintains almost 100% occupancy year around and has multiple redevelopment possibilities (Opportunity Zone). There is an additional 3,600 SF vacant retail space on the ground floor previously operated as a bar. Please visit Zetabid.com and our Due Diligence for additional details. Pre-auction offers will be considered and broker cooperation is welcome!

*Additional parking lot behind the subject/auction property also available separately for sale.

  • City : Atlantic City
  • State : NJ
  • Zip Code : 08401
  • Property Type : Other
  • Square Feet : 15240
  • Lot Size : .11 AC
  • Year Built : 1925
  • Year Renovated : 2001
  • Retail Space : 3500 SF | Ground Floor
  • Rooms : 42
  • Stories : 4
  • Zoning : RS-C
  • Parcel ID : 02-00053-0000-00017
Status:Active
Starting Bid: $999,999
Auction Start: 09/30/2019 9:00 am
Auction End: 10/03/2019 4:00 pm
  • Time Zone :EST
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Important Information

  • Buyers Premium :5%
  • Broker Coop :2%
  • Financing :No
  • Inspection Contingency :Yes
  • Showings :Call Eric Koesterer @ 818.426.2660

Auction Contact

Broker Contact

  • Phone :(424) 888-6068