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2243 Arctic Ave 2,726 SF 100% Leased Retail Building Atlantic City, NJ 08401 $1,550,000 ($568.60/SF)

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INVESTMENT HIGHLIGHTS

  • heavy foot traffic, Iconic Business and Real Estate Package, Prime Location, Turnkey Operation, On site parking, high visibility

EXECUTIVE SUMMARY

A rare opportunity to own a piece of Atlantic City history. Offered for sale is a unique package that includes both a thriving, long-standing seafood business and the real estate it occupies. Established in 1919, this iconic family-owned seafood market has served generations of loyal customers and was proudly recognized by Yelp as one of the Best Seafood Destinations in the United States for 2025. With a well-established reputation and strong brand recognition, the business is positioned for continued growth and profitability.
The property features a ±2,726 square foot building that includes a ground-level commercial retail space and a second-floor residential apartment. The apartment offers two bedrooms and one bathroom, making it ideal for an owner-operator, staff housing, or additional rental income. A private parking lot located at the rear of the building provides ten dedicated spaces for customers and staff. The building is also equipped with a walk-up window, offering convenient service for ordering and picking up food, and providing opportunities to expand takeout or seasonal offerings.
In addition to the operating business and real estate, the property includes a cell tower pole that generates consistent rental income, creating an additional revenue stream. The location offers excellent visibility in the heart of Atlantic City, just minutes from the boardwalk, casinos, and major roadways. Its central position benefits from high foot traffic and easy accessibility, further enhancing its appeal as a profitable and strategic investment.
This is a truly exceptional opportunity to acquire a turnkey business with deep roots in the community, paired with income-producing real estate in a prime coastal market. For more information, detailed financials, or to schedule a private tour, please contact us today.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,726 SF
Building Class
C
Year Built
1960
Price
$1,550,000
Price Per SF
$568.60
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
10 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
29’ on Arctic
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Hooters
Rainforest Café
Morton's, The Steakhouse
Ruth's Chris Steak House
Johnny Rockets
P. F. Chang's
Palm Restaurant
Chickie's & Pete's
Bambu

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-00336-0000-00024
Land Assessment
$131,300
Improvements Assessment
$40,000
Total Assessment
$171,300
  • Listing ID: 36543089

  • Date on Market: 6/30/2025

  • Last Updated:

  • Address: 2243 Arctic Ave, Atlantic City, NJ 08401

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