Date
Details
Price
Change
Source
7/31/2026
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,900,000 Just Listed
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Property Description
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. The building closed a few years ago and was shut down and boarded up. Renovations and updating need to take place. Asking $27,777.777 per door. This is a doable project and the triple 7's tell you all you need to know! Located in the Federal Opportunity Zone with possible State and Federal Historic Tax Credits Available. The neighboring Parking Garage is owned by someone else. No information on the garage is available at the time this offering went to market.
Full Property Details
Full Property Details for 125 S Dr Martin Luther King Blvd
General
- Price: $3,900,000
- Taxes: (2026)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: NJAC2025876
- Updated: 7/31/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Hotel/Motel
Additional Information
- Security/Safety: Fire Detection System, Sprinkler System - Indoor, Smoke Detector
Parking
- Parking Type: None
Location
- Area: Atlantic City (20102)
- Municipality: ATLANTIC CITY
- County: ATLANTIC
- Driving Directions: Beach Block (125 S Dr Martin Luther King Blvd)
- Location Details: Free Standing
- Historic District: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Zoned
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Masonry
- Drive-In Doors: 1
- Elevator(s ): 3
- Building Size: 121000
- Year Built: 1929
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,855
- Lot Size Source: Assessor
- Lot Dimensions: 105.00 x 151.00
- Frontage Feet: 105
- Zoning: RS-C
Financial Considerations
- Price Per Sq. Ft.: $32.23
- Assessment Year: 2026
- Tax w/Assessment: $2,600,000
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
Listed by Levin Commercial Real Estate, LLC., Joshua Levin
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 125 S Dr Martin Luther King Blvd —
Joshua Levin
Levin Commercial Real Estate, LLC.
Listing Office Email: joshua@levinre.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 125 S Dr Martin Luther King Blvd
School District:Atlantic City School District
| Name | Grades | Distance |
|---|---|---|
New York Avenue School 411 North New York Avenue, Atlantic City, NJ 08401 | PK-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 S Dr Martin Luther King Blvd
Estimate the Cost
Estimate the Cost for 125 S Dr Martin Luther King Blvd
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![[Address not provided], Ventnor City, NJ 08406 - Photo 1](https://m.cbhomes.com/p/339/NJAC2025932/E5bD72F6b72f479/s23cc.webp)
- Single Family
- Active
- Updated 3 hours ago
- 4Beds
- 3Total Baths
- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,350Sq. Ft.
- Condo
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 1,680Sq. Ft.
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- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 2,000Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,440Sq. Ft.
- Condo
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 750Sq. Ft.
125 S Dr Martin Luther King Blvd, Atlantic City, NJ 08401 (MLS# NJAC2025876) is a Commercial property. 125 S Dr Martin Luther King Blvd is currently listed for $3,900,000 and was received on July 31, 2026. Want to learn more about 125 S Dr Martin Luther King Blvd? Do you have questions about finding other Commercial 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.