1325 Boardwalk Ave - Office/Residential FOR SALE


Atlantic City, NJ 08401- Downtown Atlantic City
$7,900,000 USD
813-624-1500
1325 Boardwalk Ave, Atlantic City, NJ for Sale
$7,900,000 USD
Office/Residential - FOR SALE
1/16
null | 9.54% Cap Rate

1325 Boardwalk Ave
Atlantic City, NJ 08401
Downtown Atlantic City


HIGHLIGHTS

  • Fully leased asset with State of New Jersey as anchor tenant.
  • 48-year operating commitment and recent four-year lease extension.
  • Located on Atlantic City’s world-famous Boardwalk in a top tourist hub.
  • Zoning permits future redevelopment up to 33 stories (air rights).
  • Additional income security through multiple long-term retail tenants.
  • High probability of renewals with proven government occupancy history.

OVERVIEW

1325 Boardwalk Avenue offers investors a premier, mission-critical government tenancy in the heart of Atlantic City’s iconic Boardwalk district. Anchored by the State of New Jersey’s Casino Control Commission headquarters, the property reflects 48 years of operational history with a recent four-year extension now in place. Spanning approximately 74,000 square feet on a one-acre parcel, the building features ground-level retail leased to long-standing tourism-oriented tenants and upper-level office occupancy. This fully leased asset delivers predictable income backed by a strong guarantor and benefits from its irreplaceable location in a high-traffic tourist zone. Future redevelopment potential further elevates long-term value, supported by zoning entitlements allowing up to 33 stories of vertical expansion. With stable in-place income and upside from air rights, this offering presents a core Boardwalk investment with consistent returns and redevelopment optionality.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

9.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arcade Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

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
813-624-1500

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Michael JohnsGSA Realty AdvisorsMore Info
813-624-1500

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