Log In/Sign Up
Your email has been sent.
2243 Arctic Ave 5,336 SF 100% Leased Retail Building Atlantic City, NJ 08401 $1,550,000 ($290.48/SF)
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
5,336 SF
Building Class
C
Year Built
1960
Price
$1,550,000
Price Per SF
$290.48
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
10 Spaces (1.87 Spaces per 1,000 SF Leased)
Frontage
29’ on Arctic
Amenities
- Bus Line
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00336-0000-00024 | Improvements Assessment | $40,000 |
| Land Assessment | $131,300 | Total Assessment | $171,300 |
Property Taxes
Parcel Number
02-00336-0000-00024
Land Assessment
$131,300
Improvements Assessment
$40,000
Total Assessment
$171,300
1 of 50
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
2243 Arctic Ave