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$3,500,000
185 Days On Site

125 S Dr Martin Luther King Blvd
Atlantic City, NJ 08401

For Sale|Commercial Sale|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
County:
Atlantic

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

125 S Dr Martin Luther King Blvd125 S Dr Martin Luther King Blvd125 S Dr Martin Luther King Blvd125 S Dr Martin Luther King Blvd
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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.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
185 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.36 Acres
Year Built 
N/A
MLS® Number 
590138
Status 
Pending
Property Tax 
$137,253
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Pending
6 months agoPrice changed to $3,500,000
6 months agoListing first seen on site
General Features
Acres 
0.36
Number Of Stories 
13
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Heating 
Zoned
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Exterior Features
Construction Details 
Brick
Listing courtesy of LEVIN COMMERCIAL REAL ESTATE, LLC

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the South Jersey Shore Regional MLS. Source: South Jersey Shore Regional MLS ©

Neighborhood & Commute
Source: Walkscore
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