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Mixed-Use Property with Outdoor Pool
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9 S Dr Martin Luther King Blvd, Atlantic City, NJ 08401

Existing improvements include hotel, nightclub, and alcoholic-beverage retail components.

Property SizeContact for details
Days on Market142

Property Features for 9 S Dr Martin Luther King Blvd

General Information

Standard status Active
Property subtype Hospitality

Additional Details

Opportunity Zone Yes
Liquor License Yes

Amenities

swimming pool
outdoor bar
Listing Agency: Graystone Capital Advisors
Listed By: Michael Hinchman · License #PA RS345375
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Graystone Capital Advisors

Investment Insights

Based on property information with market context.

Located at 9 South Dr. Martin Luther King Blvd. in Atlantic City, this mixed-use property combines hospitality, nightlife, and retail improvements within one building. The existing configuration includes a multi-story nightclub, an alcoholic-beverage store, and a hotel with an outdoor swimming pool and bar. Sound equipment serves the nightclub and can distribute audio throughout the building.

The property is in a Qualified Opportunity Zone on a large lot, with flexible zoning and a location approximately one and a half blocks from Atlantic City beaches. A Broad C liquor license is also available, permitting alcohol sales across multiple venues twenty four hours a day. The combination of existing uses, building improvements, and land provides several established operational components within a single commercial asset.

Key Highlights

  • Mixed‑use configuration includes a hotel, multi‑story nightclub, and alcoholic‑beverage store
  • Hotel includes an outdoor swimming pool and bar
  • Broad C liquor license permits alcohol sales across multiple venues twenty four hours a day

Property Analytics

Current Use

Hotels

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
Liquor license

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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing improvements include hotel, nightclub, and alcoholic-beverage retail components.
Where is this mixed-use property located?
The property is located at 9 S Dr Martin Luther King Blvd Atlantic City, NJ.
What are key features of this property?
This property features: Mixed‑use configuration includes a hotel, multi‑story nightclub, and alcoholic‑beverage store; Hotel includes an outdoor swimming pool and bar; Broad C liquor license permits alcohol sales across multiple venues twenty four hours a day
(212) 430-5152 Call to check price and availability
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