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125 S Dr Martin Luther King Blvd Atlantic City, NJ $ 3,500,000
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$ 3,500,000 Get more info
125 S Dr Martin Luther King Blvd
$ 3,500,000
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Share Save

125 S Dr Martin Luther King Blvd

Atlantic City, NJ, 08401
$ 3,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 21,835

125 S Dr Martin Luther King Blvd, Atlantic City, NJ 08401 - Image 1
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Commercial Property for sale in Atlantic City, NJ

for $3,500,000. The lot size is 0.36.

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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Commercial Pending

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 132,902

Style

Lot Size

0.36

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

598982
Features
General
Water Public
Sewer Public Sewer
Heating Multi-Zoned
Status Under Contract Under Contract
Class COMMERCIAL/INDUSTRIAL
Tax Year 2024
Status Detail 0
Waterfront Yes
Area Atlantic City
Location Beach Block Boardwalk Boardwalk Area Water View
Taxes 132902
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Exterior
Lot 9
Number of Buildings 1
Lot Dimensions 105x151
Lot Size Area 0.36
Exterior Features Sign Truck Door
Number of Overhead Doors 1
Exterior/Siding Brick
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Interior
Stories 13
Interior Features Fire Sprinkler System
# of Elevators 3
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* Excluded Features
List By
Levin Commercial Real Estate, Llc

Broker

Affordability Calculator

$32,911
Per Month
66%
34%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
$11,075
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/5/2025$3,500,000 Listed Price

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125 S Dr Martin Luther King Blvd, Atlantic City, NJ, 08401 is a Commercial Property for sale at $3,500,000 with a lot size of 0.36. The property's zip code is 08401 which is in Atlantic City, NJ

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