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$2,300,000 Just Listed
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Property Description
1101 Atlantic Avenue - This former Walgreens presents a rare 1.02-acre corner opportunity with an 11,274 SF building (approx. 11,000 SF on the ground level). Exceptional visibility, strong frontage, curb appeal, and a proven national-credit layout located within an Opportunity Zone. Zoned CBD, the site is built for high-volume users with two drive-thru lanes, tremendous parking, and three points of ingress/egress for effortless customer flow and deliveries. The building includes an overhead door into the rear warehouse/storage area plus a conveyor system servicing additional second-floor storage. Plug-and-play repositioning or redevelopment site for retail, medical, QSR, urgent care, service, or mixed-use concepts.
Full Property Details
Full Property Details for 1101 Atlantic Ave
General
- Price: $2,300,000
- Taxes: $106,696 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJAC2022942
- Updated: 2/12/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 50
- Parking Features: Paved Parking, Lighted Parking, Handicap Parking, Private, Surface, Unassigned
- Parking Type: Parking Lot
Location
- Area: Atlantic City (20102)
- Municipality: ATLANTIC CITY
- County: ATLANTIC
- Cross Streets: Pennsylvania Ave
- Driving Directions: Northwest corner of Pennsylvania and Atlantic Avenues
- Location Details: Business District
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Ceiling Height: 12' to 15'
- Drive-In Clearance: 8' to 12'
- Stories/Levels: 1
- Building Size: 11274
- Year Built: 1990
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 1.02
- Lot Size (Sq. Ft.): 44,248
- Lot Size Source: Assessor
- Lot Dimensions: 150.00 x 295.00
- Zoning: CBD
- Lot Description: Landscaping, Level, Open, Corner, Year Round Access
Financial Considerations
- Price Per Sq. Ft.: $204.01
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $3,156,700
- Tax Amount: $106,696
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 6
Listed by Levin Commercial Real Estate, LLC., Joshua Levin
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Schools
Schools serving 1101 Atlantic Ave
School District:Atlantic City School District
| Name | Grades | Distance |
|---|---|---|
Pennsylvania Ave School 201 North Pennsylvania Avenue, Atlantic City, NJ 08401 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1101 Atlantic Ave
Date
Details
Price
Change
Source
2/12/2026
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1101 Atlantic Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$108,969
-9%
$3,156,700
—
2022
$119,229
-3%
$3,156,700
—
2021
$123,143
-8%
$3,156,700
-6%
2019
$133,464
13%
$3,350,000
—
2018
$118,356
3%
$3,350,000
—
2017
$114,604
-11%
$3,350,000
—
2016
$129,310
-16%
$3,350,000
-26%
2015
$153,990
35%
$4,500,000
—
2013
$114,390
—
$4,500,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1101 Atlantic Ave
1101 Atlantic Avenue, Atlantic City, NJ 08401 (MLS# NJAC2022942) is a Retail property. 1101 Atlantic Avenue is currently listed for $2,300,000 and was received on February 12, 2026. Want to learn more about 1101 Atlantic Avenue? Do you have questions about finding other Retail real estate for sale in Atlantic City? You can browse all Atlantic City real estate or contact a Coldwell Banker agent to request more information.

