Office Space For Sale @ 1517 Boardwalk
1517 Boardwalk, Atlantic City, NJ 08401
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Matt K.
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An unique opportunity to own a piece of the World Famous Atlantic City Boardwalk. This 42,750+- sq.ft. building offers an Investor and/or User numerous options on how to maximize the potential of this iconic property. There is approximately 40+- frontage along the Boardwalk that presently occupied by 2 candy stores on the boardwalk level. There are offices on the 2nd Floor that front on the Boardwalk and offer views of the Boardwalk and Atlantic Ocean. The middle and back portion of the building house's the candy manufacturing equipment, shipping, and distribution center. The rear of the building provides access and a loading dock.
Another unique opportunity is that the property sits in the New Jersey's new Opportunity Zone that offers where redevelopment of a property maybe eligible for preferential tax treatments greater than the Federal 1031 Exchange Program. These range from Deferral and Abatement Benefits. One should consult with their own tax professionals to determine if they qualify for these program