Multi-Story Commercial Building

Auction Date: Sold

Property Type:
Commercial

Property Address: (Show map)
127 S Columbia Place
Atlantic City, NJ 08401

Auction Location: On-Site

Description

The property is a multi-story commercial building strategically nestled in between world-renowned Caesars Hotel and Trump Plaza Hotel & Casino just steps from the heart of the Atlantic City Boardwalk. The property was formerly used as a 29-room boarding house. The property is zoned RS-C (Resort/Commercial) and has a full range of potential uses, including residential, commercial and resort development. 

The property is just off Pacific Avenue and is located within the area designated by the Casino Reinvestment Development Authority (CRDA) as the Atlantic City Tourism District. The property is adjacent to the Pier Shops at Caesars, a luxury shopping mall that includes high-end retail including the Apple Store, Armani Exchange and Victoria Secret.  Walking distance to the new Bass Pro Shop Superstore site as well as the Tanger Outlets, this property offers much upside potential. In cooperation with Weichert Realtors, The Asbury Group.

Documents

Auction Information
Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $10,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspection

By Appointment. 

Auction Information
Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $10,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

By Appointment. 

Auction Contact(s):

Oren Klein

Email Oren
W: (212) 375-1222 x703
F: (212) 202-6267


Jeremy Sandel

Email Jeremy
W: (212) 375-1222 x710
F: (212) 202-6267