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1325 Boardwalk Ave
Atlantic City, NJ 08401 Downtown Atlantic City

$8,900,000 USD

Office Residential For Sale • 74,000 SF

Property Details

Property Type Office Residential
Total Building Size 74,000 SF
Lot Size 1 AC
Building Class B
Year Built 1964
Cap Rate 8.71 %
Tenancy Multiple
Zoning RS-C

51 Transit Score

71 Walk Score

                
                    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.

Property Flyers

View The Arcade Building Offering Memorandum

Learn More about the Zoning

Financial Summary (Proforma)

Net Operating Income: $750,000 USD (2025)

Cap Rate:	8.71 %
Total Expenses:	$1,040,585 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Boardwalk Gift & Souvenir	1,423 SF	7/31/2027
Falcone Cigarettes	2,632 SF	7/31/2026
Franlinger's Salt Water Taffy	1,100 SF	9/30/2027
Sam Mitchell	1,358 SF	10/31/2026

Amenities

Signage
Waterfront
Storage Space
Central Heating
Air Conditioning
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Atlantic City (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit))	6 min	-	1.9 mi
Absecon (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit))	14 min	-	7.1 mi
Airport	Drive	Walk	Distance
Atlantic City International	42 min	-	16.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Covered
Included in Rent:	Yes

Michael Johns 609-236-2343 GSA Realty Advisors

1325 Boardwalk Ave Atlantic City, NJ 08401 Downtown Atlantic City