Streetfront Retail
1408 Atlantic Ave, Atlantic City, NJ 08401
For Sale
Contact for pricing
COMMERCIAL/INDUSTRIAL, Atlantic City, NJ
Property Size3,500 SF
Price / SF$0.54
Days on Market140
Property Features for 1408 Atlantic Ave
General Information
Property type
Property subtype
Zoning
Interior features
Lot features
Directions
Subdivision
Standard status
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Building Details
Year built
Number of units
Roof type
Additional Structures
Listing Agency:
WEICHERT REALTORS ASBURY GROUP-AC
(609) 344-6200
Listed By:
GERARD (Jerry) BARKER
(609) 481-7745
Added: Jun 25
Changed: Oct 11
Last Checked: Nov 11 at 6:06AM
MLS# 609245
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.
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Investment Insights
Based on property information with market context.
This retail property offers an open commercial layout of about 3000-3500 square feet, with display windows, a restroom, and storage. The building dates to 1930 and includes a flat roof, public water, and public sewer service. CBD zoning supports its established commercial setting.
The property fronts Atlantic Ave with 25 feet of street frontage along a four-lane roadway. Street parking is available, and the site is positioned about half a block from City Hall, Renaissance Plaza, ACIA, Atlantic Care, the public library, and the Orange Loop. Boardwalk Hall and multiple casino, hospitality, entertainment, and waterfront destinations are listed as less than two minutes away. The beaches and boardwalk are two blocks from the property.
The property fronts Atlantic Ave with 25 feet of street frontage along a four-lane roadway. Street parking is available, and the site is positioned about half a block from City Hall, Renaissance Plaza, ACIA, Atlantic Care, the public library, and the Orange Loop. Boardwalk Hall and multiple casino, hospitality, entertainment, and waterfront destinations are listed as less than two minutes away. The beaches and boardwalk are two blocks from the property.
Key Highlights
- About 3000‑3500 sqft of open retail space
- 25 feet of street frontage along Atlantic Ave
- Four‑lane roadway exposure with street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,626
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,520
$672.5K
Cap Rate 7%
$480,371
$480.4K
Cap Rate 9%
$373,622
$373.6K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$52.5K $15.00/SF
− Vacancy
−$4.5K −$1.28/SF
EGI
$48.0K $13.73/SF
− OpEx
−$14.4K −$4.12/SF
NOI
$33.6K $9.61/SF
Area
Atlantic County, NJ
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,520
Cap Rate 7%
$480,371
Cap Rate 9%
$373,622
Alternative Uses
Best Use
Retail
$480.4K
$420.3K – $560.4K
NOI $33,626 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,236 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,632
Businesses Nearby
228k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 38%
Dining 38%
Shops & Services 14%
Groceries 4%
McDonald's
Dining
46,682 visits/mo
0.5 miles
Applebee's
Dining
17,231 visits/mo
0.5 miles
Victoria's Secret
Apparel
10,320 visits/mo
0.4 miles
Save-A-Lot
Groceries
10,112 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
9,549 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Atlantic City
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Open commercial space with display windows, a restroom, storage, and CBD zoning.
Where is this retail space located?
The property is located at 1408 Atlantic Ave Atlantic City, NJ.
What are key features of this property?
This property features: About 3000‑3500 sqft of open retail space; 25 feet of street frontage along Atlantic Ave; Four‑lane roadway exposure with street parking
