545 E Absecon Blvd, Absecon, NJ 08201
545 E Absecon Blvd, Absecon, NJ 08201
545 E Absecon Blvd, Absecon, NJ 08201
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Steven Pagan

Steven Pagan

+1(609) 631-5668
$1,499,000
Est. payment /mo
5.2 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 594017

Annual Tax Amount $15,600

Tax Year 2024

Lot Size 5.200 Acres

Property Description

Investment Highlights: Discover a rare opportunity to acquire a fully renovated, income-producing motel minutes from Atlantic City. The Casino Inn offers 28 updated units and a spacious 3,000 SF owner's suite on over 5 acres of commercially zoned land, delivering exceptional value and flexibility for operators or developers. _ Property Features: • 28 Renovated Guest Suites – Each equipped with a full kitchen, flat-screen TV, A/C, and complimentary Wi-Fi • 3,000 SF Owner's Residence – 4 bedrooms / 3 bathrooms with private access • Extensive 2024 Renovations – Turnkey condition • Zoned Commercial – Ideal for hotel/motel, short-term rental, or mixed-use redevelopment • High-Traffic Visibility – Strategically positioned on U.S. Route 30, gateway to Atlantic City • 5.2 Acre Parcel – Expansion potential for 14–28 additional units Value Proposition: With a 15% cap rate and strong occupancy performance, Casino Inn balances stability with upside. Its proven operational success, large parcel size, and favorable zoning make it a compelling acquisition for investors seeking hospitality income, redevelopment, or owner-occupied use. Location Advantages: • 10 minutes to Atlantic City Casinos & Boardwalk • Proximity to public transportation and major highways • High daily traffic count ensures consistent visibility and guest flow

Location

State NJ

County Atlantic

Community Absecon

Area Absecon City

Building

Story 2

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by GRACE PROPERTIES

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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545 E Absecon Blvd

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