1408 Atlantic Ave, Atlantic City, NJ 08401
- Added:
- Jun 19, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 1408 Atlantic Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CBD
- Security features
- Security Lighting
- Interior features
- Display Windows, Restroom, Storage
- Exterior features
- Security Light/System, Sign
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 12000
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Additional Structures
- Storage
Listing agent GERARD (Jerry) BARKER (609) 481-7745
Listing office WEICHERT REALTORS ASBURY GROUP-AC 524 PACIFIC AVENUE, ATLANTIC CITY, NJ (609) 344-6200
Listing date Jun 19, 2026
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.
HighLights
- 25 feet of street frontage on Atlantic Ave with 4 lanes of traffic
- Large open retail space of about 3,000–3,500 SF
- About half a block to City Hall, Renaissance Plaza, ACIA, Atlantic Care, and the Public Library
- Interior features include display windows, restroom, and storage
- Exterior features include a sign and security light/system
- Public utilities: public water and public sewer; built in 1930
Overview
The site is described as centrally located in Atlantic City, with access to street parking and visibility along a roadway identified as having four lanes of traffic. The listing notes proximity to City Hall and nearby civic and commercial destinations, including Renaissance Plaza, ACIA, Atlantic Care, and the Public Library. It also highlights that multiple major entertainment and destination venues are within about two minutes, and that the property sits approximately two blocks from the beaches and Boardwalk.
For tenants or buyers seeking a street-facing retail location, the combination of a sizable open floor area and substantial Atlantic Ave frontage supports concepts that benefit from customer visibility and flexible interior merchandising. Prospective occupants should review the CBD zoning details directly and confirm the best fit for their specific retail use and operational requirements.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.5k | $15.00 |
| − Vacancy | −$4.5k | −$1.28 |
| EGI | $48.0k | $13.73 |
| − OpEx | −$14.4k | −$4.12 |
| NOI | $33.6k | $9.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Atlantic City
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.428334
- Latitude
- 39.3618459
