1325 Boardwalk Ave - Office/Residential FOR SALE


Atlantic City, NJ 08401- Downtown Atlantic City
$8,900,000 USD
609-236-2343
1325 Boardwalk Ave, Atlantic City, NJ for Sale
$8,900,000 USD
Office/Residential - FOR SALE
1/7
null | 8.71% Cap Rate

1325 Boardwalk Ave
Atlantic City, NJ 08401
Downtown Atlantic City


HIGHLIGHTS

  • The Arcade Building at 1325 Boardwalk Avenue presents a landmark opportunity to own a fully leased historic mixed-use space in Atlantic City.
  • Anchored by the State of NJ Casino Control Commission, with long-term retail tenants, enjoy unrivaled Boardwalk frontage and Atlantic Ocean views.
  • Zoned for 33 stories with significant air rights, providing strong value-add potential for redevelopment in a high-demand tourist zone.
  • Located steps from Resorts Hotel Casino, Caesars Palace, and Central Pier, The Arcade Building benefits from heavy daily boardwalk foot traffic.
  • Accessible via Routes 40 and 30, within a 1- to 3-hour drive from Philadelphia, NYC, and Washington, DC, ideal for regional visitors.
  • Situated in Atlantic City’s iconic beachfront corridor, attracting 18M annual visitors, offering robust cash flow and redevelopment upside.

OVERVIEW

The Arcade Building, located at 1325 Boardwalk Avenue, presents a rare, irreplaceable investment opportunity along Atlantic City’s iconic Boardwalk. This fully occupied, mixed-use property offers 74,000 square feet of leasable space on a 1-acre lot, featuring a retail and office component anchored by the State of New Jersey Casino Control Commission. With a 35-year history of occupancy and a recently signed four-year extension, the Commission’s presence underscores the mission-critical nature of this site. The Arcade Building includes a subterranean garage, ground-level retail spaces with long-term tenants, and proximity to major resorts and casinos. With zoning for 33 stories and significant air rights, the Arcade Building also provides compelling value-add potential for redevelopment should the Commission vacate in the future. Extensive summertime boardwalk foot traffic, classic architectural style, and a well-maintained building make this an excellent opportunity in a vibrant tourist zone. Strategically positioned on the Boardwalk near the Central Pier and facing the Atlantic Ocean, the Arcade Building is adjacent to Resorts Hotel Casino and just north of Caesars Palace Hotel & Resort, placing it in the heart of Atlantic City’s most trafficked corridor. Located near Routes 40 and 30, it is within a one- to three-hour drive from Philadelphia, New York City, and Washington, DC. 1325 Boardwalk Avenue is near key attractions, including the Hard Rock Hotel, Ocean Casino Resort, Bally’s Atlantic City Hotel & Casino, and the Atlantic City Aquarium. In 2024, the area drew more than 18 million visitors annually, generating over $350 million in economic impact, including tourism from conventions, tradeshows, and family-friendly attractions. Atlantic City’s dynamic coastal market blends entertainment, history, and seaside charm, making the Arcade Building a unique, high-profile asset with strong existing cash flow and long-term value potential. Retail tenants benefit from heavy tourist traffic, and the office portion remains essential to casino operations due to its mission-critical tenant. The Arcade Building is a landmark opportunity to own a historic, revenue-generating property in a globally recognized tourist destination.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

8.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arcade Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

RS-C

APN/PARCEL ID

02-00055-0000-00001

ASK ABOUT THIS PROPERTY

Michael JohnsGSA Realty AdvisorsMore Info
609-236-2343

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Michael JohnsGSA Realty AdvisorsMore Info
609-236-2343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.