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Three-Story Mixed-Use Building with Retail
For Sale
$499,000

1624 Pacific Ave, Atlantic City, NJ 08401

COMMERCIAL - Atlantic City, NJ

Property Size7,000 SF
Price / SF$71.29
Days on Market99

Property Features for 1624 Pacific Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning RS-C
Security features Security System
Interior features Display Windows, Handicap Features, Restroom, Security System, Smoke/Fire Alarm, Storage
Exterior features Sign
Accessibility Accessible Approach with Ramp
Lot features Beach Block, Business District, Boardwalk Area
Directions Off the intersection of Pacific Ave & MLK, Jr. Boulevard. Across from the Carnegie Library.
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8112

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Roof type Flat
Additional Structures Storage
Listing Agency: LEVIN COMMERCIAL REAL ESTATE, LLC
Listed By: LEE JEROME · License #1004962
Added: Apr 28 Changed: Jul 27 Last Checked: Aug 4 at 7:06AM
MLS# 607645

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.

Investment Insights

Based on property information with market context.

1624 Pacific Ave is a three-story mixed-use building totaling approximately +/-7,000 SF. The ground floor is fully approved for a Class 5 retail cannabis dispensary. Second and third floors were historically residential and are currently inactive.

The property is located in a Redevelopment and Opportunity Zone and is zoned RS-C. The listing provides for direct access in and out of town, with parking available nearby. The building is described as being one block from the beach and boardwalk, and two blocks from AtlantiCare Regional Medical Center, the Orange Loop, and the central business district, with additional major new construction and redevelopment underway in the surrounding area.

All approvals and due diligence are the responsibility of the buyer.

Key Highlights

  • ±7,000 SF three‑story mixed‑use building with display windows, storage, and a security system
  • Ground floor is fully approved for a Class 5 retail cannabis dispensary (all approvals and due diligence on buyer)
  • Natural gas heating and central air conditioning

Property Analytics

Current Use

Subranni Zauber LLC Law Firm

Suggested Use

Top Pick Auto Parts Store Garden Center Storage Facility Locksmith Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,109
Businesses Nearby
413k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 45% Hotels & Casinos 27% Dining 18% Shops & Services 7%
Caesars Entertainment Hotels & Casinos
88,337 visits/mo 0.3 miles
Bass Pro Shops Apparel
57,263 visits/mo 0.3 miles
McDonald's Dining
46,682 visits/mo 0.4 miles
Circle K Shops & Services
19,455 visits/mo 0.4 miles
Sheraton Atlantic City Convention Center Hotel Hotels & Casinos
18,372 visits/mo 0.5 miles

Demographics for 08401, NJ

38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Ground floor is approved for Class 5 retail cannabis dispensary use, with currently inactive upper residential floors.
Where is this retail space located?
The property is located at 1624 Pacific Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: ±7,000 SF three‑story mixed‑use building with display windows, storage, and a security system; Ground floor is fully approved for a Class 5 retail cannabis dispensary (all approvals and due diligence on buyer); Natural gas heating and central air conditioning
More about this property
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