For Sale 401 Dr Martin Luther King Blvd, Atlantic City, NJ, 08401

INVESTOR ALERT! Mixed-use duplex building. Commercial space in the front, perfect for a convenience store and/or carry-out restaurant. It has a full kitchen and 1 bathroom. And in the back or side of the unit is a RENOVATED 5 BR / 1.5 BA 2-story home for sale in the midtown section of Atlantic City. Conveniently located less than a mile away from the Casino\'s, Beach, Boardwalk, Tanger Outlets and the AC Expressway. Only 5 minutes from Stockton University! Property will be sold as-is and buyer to obtain all city permits after closing, including CO.

Welcome to the Madison Hotel. This building has graced the Atlantic City Skyline for generations and is aggressively priced to let the next owner bring it into the future. Thirteen stories located on the Beach Block right in the Center of Town. First floor common area contains a Beautiful Large Bar area off the Lobby, Dining room serviced by a commercial kitchen and a Grand Staircase. Second floor contains meeting rooms, executive offices and rentable suites. Floors 3-4 & 6-12 contain an existing 11 suite layout proving 99 suites over nine floors. According to public record in 2004 Sands Casino invested Seven Million Dollars into the Madison creating 126 Suites to complement their neighboring hotel/casino. The 2004 renovation combined two original rooms creating larger living spaces, some with two full baths.

Perfect time to get in business before the start of the busy summer season.Great boardwalk location with high foot traffic off the beach, boardwalk, and the adjoining Atlantic Palace Suites. There are three entrances to this 2500 sf retail store. One on the boardwalk, and two inside. The owner may use all the hotel amenities. Two parking spaces are included. There are 6 casinos on the boardwalk all within walking distance that will continue to market and draw visitation to Atlantic City. If you do not have enough cash or qualify for a traditional mortgage, Sellers financing is available. Will consider lease with the option of purchase as well.