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125 S Dr Martin Luther King Blvd

Atlantic City, NJ 08401
  • $3,500,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 590138
UPDATED: 18 min ago
$3,500,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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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© 2024 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-11-05T09:50:40.243.
www.oceancitynewjerseyhomes.com/homes/156915834
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125 S Dr Martin Luther King Blvd Atlantic City, NJ 08401

  • Price: $3,500,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 18 min ago
  • MLS #: 590138
0
Beds
0
Baths
0
½ Baths
0.36
Acres
Neighborhood:
Atlantic City
County:
Atlantic
Area:
Atlantic City
Property Description
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.
Exterior Features

Exterior Features SignTruck Door Location Beach BlockBoardwalkBoardwalk AreaWater View Lot Dimensions 105x151 Overhead Doors 1 Siding Exterior Brick Stories 13 Waterfront YN Yes

Interior Features

Elevators 3 Heating Multi-Zoned Interior Features Fire Sprinkler System

Property Features

Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Buildings 1 Gas SJ Gas Lot Number 9 May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 132902 Taxes 137253 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of LEVIN COMMERCIAL REAL ESTATE, LLC: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-11-05T09:50:40.243.
 
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