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Three-Story Mixed-Use Property
For Sale
$499,900

1638 Atlantic Ave, Atlantic City, NJ 08401

COMMERCIAL/INDUSTRIAL, Atlantic City, NJ

Property Size6,600 SF
Price / SF$75.74
Days on Market48

Property Features for 1638 Atlantic Ave

General Information

Property type Commercial Sale
Property subtype Other
Directions AC Expressway to Atlantic Ave make left, on the corner of Martin Luther King Blvd.
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14548
Listing Agency: BHHS FOX and ROACH-Northfield
Listed By: RAJAN (RAJ) KHULLAR
Added: Sep 9 Changed: Oct 11 Last Checked: Oct 26 at 6:06PM
MLS# 611725

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.

Rey
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Investment Insights

Based on property information with market context.

This three-story mixed-use property contains 6,600 square feet overall, including a 3,500-square-foot commercial area on the first floor. The upper levels are planned for five residential units: four one-bedroom apartments on the second floor and one two-bedroom unit on the third floor. The configuration supports both retail and short-term rental uses within one building.

Located at 1638 Atlantic Ave in Atlantic City, the property is positioned near the city’s tourist and convention activity. Residential plans have received approval, with final permit fees remaining before construction can proceed. The property’s combination of commercial space and planned apartments offers a clearly defined redevelopment structure for an owner seeking a mixed-use asset.

Key Highlights

  • 6,600‑square‑foot, three‑story mixed‑use property
  • 3,500‑square‑foot first‑floor commercial area
  • Five planned residential units: four one‑bedroom and one two‑bedroom

Property Analytics

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Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

2,941
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved plans combine a substantial commercial area with five residential units designed for short-term rental use.
Where is this mixed-use property located?
The property is located at 1638 Atlantic Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 6,600‑square‑foot, three‑story mixed‑use property; 3,500‑square‑foot first‑floor commercial area; Five planned residential units: four one‑bedroom and one two‑bedroom
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