Retail Storefront Near
1515 Boardwalk Atlantic City, NJ 08401
1515 Boardwalk, Atlantic City, NJ, 08401
$460,000
For Sale
$460,000
COMMERCIAL - Atlantic City, NJ
Property Size1,500 SF
Price / SF$306.67
Days on Market72
Property Features for 1515 Boardwalk
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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
(215) 827-0035
6319 Frankford Ave, Philadelphia, NJ
Listed by
Guang (William) LI · License #1648846
(215) 827-0035
Added: May 7 Checked: Jul 17 at 4:06 pm
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.
Investment Insights
Based on property information with market context.
This retail storefront is offered for sale and features approximately 1,500 square feet of retail space. The property is positioned to serve walk-in customers typical of beach and casino corridor retail.
The address is 1515 Boardwalk in Atlantic City, New Jersey 08401. The listing notes its proximity to both Atlantic City casinos and the beach boardwalk.
This offering may appeal to investors or operators seeking a compact retail footprint in an established tourist-oriented area. With its boardwalk-adjacent retail orientation, the space is best suited for uses that benefit from consistent pedestrian activity associated with the casino and beach environment noted in the remarks.
The address is 1515 Boardwalk in Atlantic City, New Jersey 08401. The listing notes its proximity to both Atlantic City casinos and the beach boardwalk.
This offering may appeal to investors or operators seeking a compact retail footprint in an established tourist-oriented area. With its boardwalk-adjacent retail orientation, the space is best suited for uses that benefit from consistent pedestrian activity associated with the casino and beach environment noted in the remarks.
Key Highlights
- Retail space for sale.
- Located near Atlantic City casino.
- Proximity to beach boardwalk.
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 | $22.5k | $15.00 |
| − Vacancy | −$1.9k | −$1.28 |
| EGI | $20.6k | $13.73 |
| − OpEx | −$6.2k | −$4.12 |
| NOI | $14.4k | $9.61 |
1,500 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rita's Italian Ice ...
Grocery & Convenience Store
3 Brothers Pizza ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For-sale retail storefront near Atlantic City casinos and the beach boardwalk, offering approximately 1,500 SF of space.
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: Retail space for sale.; Located near Atlantic City casino.; Proximity to beach boardwalk.
