Boardwalk Retail
C2-1515 Boardwalk Atlantic City, NJ 08401
C2-1515 Boardwalk, Atlantic City, NJ, 08401
$460,000
For Sale
$460,000
Retail space for sale near the Atlantic City casino and beach boardwalk.
Property Size1,500 SF
Price / SF$306.67
Days on Market75
Property Features for C2-1515 Boardwalk
General Information
- Standard status
- Active
- Size
- 1,500 SF
Listing agency
Global Hub Realty Group
(215) 827-0035
Listed by
Guang (William) LI · License #1648846
Source
Exprealty
Added: May 10 Updated: Jul 22 at 1:20PM Checked: Jul 22 at 1:20PM
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 Global Hub Realty Group
Investment Insights
Based on property information with market context.
This retail space for sale is approximately 1,500 square feet and is positioned for commercial foot traffic in a boardwalk area. The property is offered as retail space, with the existing configuration intended for storefront operations.
The location is described as being near the Atlantic City casino and beach boardwalk, supporting visibility to visitors and beachgoers.
For sale pricing is listed at $460,000. All showings and offer terms would be handled directly through the listing broker.
The location is described as being near the Atlantic City casino and beach boardwalk, supporting visibility to visitors and beachgoers.
For sale pricing is listed at $460,000. All showings and offer terms would be handled directly through the listing broker.
Key Highlights
- Retail space for sale near the Atlantic City casino and beach boardwalk
- Approximately 1,500 SF retail space
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space for sale near the Atlantic City casino and beach boardwalk.
Where is this retail space located?
The property is located at C2-1515 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 near the Atlantic City casino and beach boardwalk; Approximately 1,500 SF retail space
