James Candy Company, Inc. - 1517 Boardwalk, Atlantic City, NJ 08401

Experience the Re-Birth of Atlantic City and see what opportunities await you. With the addition of Stockton University, Hard Rock and Ocean Casinos in 2018, the area is experiencing a flux of new investments and and ideas. The immediate area of the Boardwalk has seen some new non-casino restaurants, bars and entertainment. In conjunction with the Monopoly theme streets of Atlantic City, a group of businesses have designed the colored orange properties; Tennessee, New York and St. James as the Orange Loop.
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 programs.