1ST DEGREE Realty, LLC
Gary DeGree Sr, 1ST DEGREE Realty, LLCPhone: (856) 625-7242
Email: [email protected]
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listing
1 of 15
CommercialFor Sale
$3,500,000
125 S Dr Martin Luther King Blvd Blvd
Atlantic City, NJ 08401
Courtesy of Levin Commercial Real Estate, LLC
MLS: South Jersey Shore Regional MLS (SJSMLS)
Est. Mortgage
$18,166/mo

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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