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    1009 Pacific Ave Atlantic City, NJ 08401

    Sponsored
    For Sale
    $1,450,000

    Commercial - Atlantic City, NJ

    Lot size:
    0.09 Acres
    Days on Market:
    101
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 1009 Pacific Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm
    Zoning
    CBD
    Interior features
    220 Volt Electricity, Restroom, Smoke/Fire Alarm
    Exterior features
    Sign
    Lot size
    0.09 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Linoleum, Vinyl
    Building materials
    Block
    Roof type
    Asphalt

    Soleil Sotheby's International Realty (609) 487-8000 [email protected]

    Listing agent Rick Hamlin (609) 487-8000 License #2188857

    Listing date Sep 27, 2025

    MLS# 600774 Listing URL

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Atlantic City Commercial Investment Opportunity

    This commercial property is located across the street from the Hard Rock Casino in Atlantic City, NJ. It features two units. One unit is currently vacant and available for lease at an estimated $3,500 per month. The other unit is occupied by a food store that has been a tenant for 17 years and is seeking to renew its lease in October at $8,000 per month. The property was fully renovated in 2008, including a new roof, which was redone in 2018. The property is zoned CBD and offers a steady income stream. The lot size is 0.09 acres. The current owner is willing to quickly lease the vacant unit if desired by the buyer. Additionally, the seller may offer owner financing with a 20% down payment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pacific Food Market Convenience Store ATM Atm

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    La Villita Farm Market, Simpson Restaurant - Atlantic City, Brighton Grocery & Produce, Atlantic Supermarket, Wild Honey - Smokehouse & Tavern

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4226621
    Latitude
    39.3624954

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property with steady income and potential for additional revenue.
    Where is this grocery and convenience store located?
    The property is located at 1009 Pacific Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - High income potential with one unit leased at $8,000/month, and another available (estimated $3,500/month).; - Prime location across from the Hard Rock Casino.; - Established long-term tenant (17 years) seeking lease renewal in October.
    (609) 487-8000
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    Atlantic City, NJ 08401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1009 Pacific Ave Atlantic City, NJ 08401
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