Atlantic City, NJ 08401 Atlantic City, NJ 08401

Listing agent Paula Hartman License #3430864 Show Phone

Listing office BHHS Fox & Roach Margate A***@foxroach.com NJ

Listing date Mar 28, 2025

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MLS# 594632

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Investment Insights

Based on property information with market context.

This commercial building was formerly a hotel with 48 rooms and has been completely gutted, creating a blank canvas for redevelopment. Building plans have been approved for an additional 4th floor, which will include 32 apartments and a penthouse, expanding the project footprint vertically.

The property is located in Atlantic City, just next to Tropicana Casino and across the street from the beach.

As a redevelopment site with approved plans for additional residential units, the building is positioned for a conversion and expansion program based on the existing hotel structure and the newly approved 4th floor scope.

Key Highlights

• Former hotel building with 48 rooms in Atlantic City, next to Tropicana Casino and across the street from the beach
• Approved plans to add an additional 4th floor featuring 32 apartments and a penthouse
• Building has been completely gutted, offering a blank canvas for redevelopment

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FAQs

What type of property is this?

Hotel - Former hotel with 48 rooms, gutted interior, and approved plans for an additional 4th floor with apartments.

Where is this hotel located?

The property is located at Atlantic City, NJ.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Former hotel building with 48 rooms in Atlantic City, next to Tropicana Casino and across the street from the beach; Approved plans to add an additional 4th floor featuring 32 apartments and a penthouse; Building has been completely gutted, offering a blank canvas for redevelopment