125 Dr Martin Luther King Blvd, Atlantic City, NJ | MLS # 590138 For Sale

Property Details

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.

This listing is provided courtesy of LEVIN COMMERCIAL REAL ESTATE, LLC

MLS #: 590138
Status: Active
Address: 125 Dr Martin Luther King Blvd Blvd, Atlantic City, NJ 8401
Date Listed: 10/1/2024
Days on Market: 144

Location

Interior Features

Heat System: Multi-Zoned
Rooms: Fire Sprinkler System

Additional Features

County: Atlantic
Waterfront Features: Yes
Water/Sewer: Public
Lot Number: 9
Block Number: 48
For Sale / Lease: For Sale
Taxes: 137253
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.

125 Dr Martin Luther King Blvd Blvd, Atlantic City