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Three-Story Mixed-Use Building
For Sale
$499,000

1624 Pacific Ave, Atlantic City, NJ 08401

COMMERCIAL/INDUSTRIAL, Atlantic City, NJ

Property Size7,000 SF
Price / SF$71.29
Days on Market137

Property Features for 1624 Pacific Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning RS-C
Security features Security System
Interior features Display Windows, Handicap Features, Restroom, Security System, Smoke/Fire Alarm, Storage
Exterior features Sign
Accessibility Accessible Approach with Ramp
Lot features Beach Block, Business District, Boardwalk Area
Directions Off the intersection of Pacific Ave & MLK, Jr. Boulevard. Across from the Carnegie Library.
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8112

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Roof type Flat
Additional Structures Storage
Listing Agency: LEVIN COMMERCIAL REAL ESTATE, LLC
Listed By: LEE JEROME · License #1004962
Added: Apr 28 Changed: Sep 6 Last Checked: Sep 11 at 10:06PM
MLS# 607645

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 three-story mixed-use property contains approximately 7,000 SF across a ground-level commercial area and two upper floors. The ground floor carries full approval for a Class 5 retail cannabis dispensary. The second and third floors were historically used as residential space but are currently inactive. Existing features include display windows, a restroom, storage, security and smoke/fire alarm systems, handicap features, and an accessible ramp approach. The building also has a sign, flat roof, central air, and natural gas heating.

Located within a Redevelopment and Opportunity Zone, the property is one block from the beach and boardwalk and two blocks from AtlantiCare Regional Medical Center, the Orange Loop, and the central business district. Nearby construction and redevelopment projects are underway, with parking available nearby. Buyer responsibility includes all approvals and due diligence.

Key Highlights

  • Three‑story mixed‑use building with approximately +/-7,000 SF
  • Ground floor fully approved for a Class 5 retail cannabis dispensary
  • Second and third floors historically residential and currently inactive

Property Analytics

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Current Use

Subranni Zauber LLC Law Firm

Suggested Use

Top Pick Auto Parts Store Garden Center Storage Facility Locksmith Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,941
Businesses Nearby
481k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 42% Hotels & Casinos 24% Dining 21% Shops & Services 10%
Caesars Entertainment Hotels & Casinos
88,337 visits/mo 0.4 miles
Bass Pro Shops Apparel
57,263 visits/mo 0.4 miles
McDonald's Dining
46,682 visits/mo 0.3 miles
Circle K Shops & Services
19,455 visits/mo 0.3 miles
Sheraton Atlantic City Convention Center Hotel Hotels & Casinos
18,372 visits/mo 0.4 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor space is fully approved for a Class 5 retail cannabis dispensary; upper floors were historically residential.
Where is this mixed-use property located?
The property is located at 1624 Pacific Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three‑story mixed‑use building with approximately +/-7,000 SF; Ground floor fully approved for a Class 5 retail cannabis dispensary; Second and third floors historically residential and currently inactive
More about this property
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