Boardwalk Retail
For Sale
$460,000
1515 Boardwalk, Atlantic City, NJ 08401
COMMERCIAL/INDUSTRIAL, Atlantic City, NJ
Property Size1,500 SF
Price / SF$306.67
Days on Market163
Property Features for 1515 Boardwalk
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Near AC beach
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1234
Building Details
Number of units
1
Listing Agency:
Global Hub Realty Group
Listed By:
Guang (William) LI · License #1648846
(215) 827-0035
Added: May 7
Changed: Oct 11
Last Checked: Oct 16 at 7:06AM
MLS# 607711
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 space offers approximately 1,500 square feet of commercial premises at 1515 Boardwalk in Atlantic City. The property is positioned for storefront-oriented use along the Boardwalk.
The site is near Atlantic City’s casinos and beach boardwalk, placing the space within an established visitor-oriented commercial setting. The property is located in Atlantic County, New Jersey, with an Atlantic City 08401 address.
The site is near Atlantic City’s casinos and beach boardwalk, placing the space within an established visitor-oriented commercial setting. The property is located in Atlantic County, New Jersey, with an Atlantic City 08401 address.
Key Highlights
- Approximately 1,500 square feet of retail space
- Located at 1515 Boardwalk, Atlantic City, NJ 08401
- Near Atlantic City casinos and the beach boardwalk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,411
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,220
$288.2K
Cap Rate 7%
$205,871
$205.9K
Cap Rate 9%
$160,122
$160.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$1.9K −$1.28/SF
EGI
$20.6K $13.73/SF
− OpEx
−$6.2K −$4.12/SF
NOI
$14.4K $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%
$288,220
Cap Rate 7%
$205,871
Cap Rate 9%
$160,122
Alternative Uses
Best Use
Retail
$205.9K
$180.1K – $240.2K
NOI $14,411 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$558.6K
$488.8K – $651.7K
NOI $39,101 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,333
Businesses Nearby
73k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 28%
Groceries 14%
Hotels & Casinos 11%
Save-A-Lot
Groceries
10,112 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
9,549 visits/mo
0.4 miles
TD Bank
Shops & Services
9,513 visits/mo
0.5 miles
Wells Fargo
Shops & Services
7,177 visits/mo
0.4 miles
Bank of America
Shops & Services
7,154 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Approximately 1,500-square-foot retail premises near Atlantic City’s casino district and beach boardwalk.
Where is this retail space located?
The property is located at 1515 Boardwalk Atlantic City, NJ.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Approximately 1,500 square feet of retail space; Located at 1515 Boardwalk, Atlantic City, NJ 08401; Near Atlantic City casinos and the beach boardwalk
