125 S DR MARTIN LUTHER KING BLVD, ATLANTIC CITY, NJ 08401
125 S DR MARTIN LUTHER KING BLVD, ATLANTIC CITY, NJ 08401
$3,900,000
Sq. Ft.:
N/A
Type:
Commercial
Listing #NJAC2025876
Listing Courtesy of: Levin Commercial Real Estate, LLC. (609) 344-5200
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The Madison Hotel represents one of Atlantic City's most compelling redevelopment opportunities. Offered at $3,900,000, this iconic thirteen-story landmark combines an irreplaceable beach block location with an existing 126-suite layout, substantial building infrastructure, and access to numerous redevelopment incentive programs. Positioned within an Opportunity Zone and designated redevelopment area, the property is ideally suited for a visionary developer seeking to capitalize on Atlantic City's continued resurgence. Unlike many redevelopment opportunities, the groundwork has already begun. A previous contract purchaser invested considerable time evaluating the property's redevelopment potential, including clearing much of the building and reconfiguring the fourth floor to demonstrate a modern residential floor plan. While the next owner will ultimately determine the highest and best use, these efforts provide valuable insight into the building's adaptability while reducing some of the early planning required for a project of this scale.
Listing Courtesy of: Levin Commercial Real Estate, LLC. (609) 344-5200
Property Features
County:
ATLANTIC-NJ
Municipality:
ATLANTIC CITY
Latitude:
39.3584
Longitude:
-74.42997
MLS Area:
Atlantic City (20102)
Directions:
Beach Block (125 S Dr Martin Luther King Blvd)
Heating:
90% Forced Air, Zoned
Heating Fuel:
Natural Gas, Electric
Cooling:
Central A/C, Electric
Water Heater:
Natural Gas
Accessibility:
Elevator, Ramp - Main Level
Is New Construction:
No
Construction:
Brick, Masonry
Septic or Sewer:
Public Sewer
Security Features:
Fire Detection System, Sprinkler System - Indoor, Sm
Has Garage:
No
Parking Spaces:
0
Site Description:
Free Standing
Lot Size in Acres:
0.36
Lot Size in Sq. Ft.:
15,855
Dimensions:
105.00 x 151.00
Zoning:
RS-C
Building Total Area (Sq. Ft.):
121,000
Has Waterfront:
No
Has Water Access:
No
School District:
ATLANTIC CITY SCHOOLS
ListDate:
2026-07-31 00:00:00.0
Possession:
Settlement
Property Type:
COM
Property SubType:
Commercial Sale
Year Built:
1929
Status:
Active
Tax Year:
2026
Tax Amount:
$0
Ownership Interest:
Fee Simple
Business Type:
HotelMotel
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
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© 2026 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at October 8, 2026, 5:06 PM ET
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