3,228 SqFt
3,228 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,228 sqft
Price per Sqft $340
MLS Listing ID NJAC2019672
Year Built 2024
Annual Tax Amount $2,378
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
Presenting a rare opportunity to acquire a fully operational, high-volume retail cannabis dispensary strategically positioned adjacent to the iconic Tropicana Casino & Resort—one of Atlantic City's most visited destinations. This premier location offers unmatched visibility and foot traffic, capitalizing on over 9 million annual casino visitors, year-round tourism, and a booming adult-use cannabis market in New Jersey.
Recently opened in 2024 this NJ state-class 5 retail cannabis licensed retail storefront features a modern, professionally designed interior, high security protocols, and a well-established, loyal customer base. Operating within a fully compliant regulatory framework, the business demonstrates strong revenue performance and brand recognition with scalable potential for multi-location expansion or vertical integration.
The subject property consists of two adjoining retail commercial condominium units that have been combined into one space by removing interior walls. The spaces are 2,244 and 984 square feet to form a combined 3,228 square feet. The units are on the first floor of a Class B 100% occupied retail/residential condominium building.
Capitalize on Atlantic City's cannabis tourism boom and own a premium dispensary location in one of the East Coast's most dynamic markets.
For NDA, financials, licensing details, and to schedule a confidential tour, contact:
Darryl Miller, CRB, CCIM
NOTE: This prime value-added commercial condo property can also be sold or leased separately without the cannabis business. Contact Listing Broker for details.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning NC-2
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Concrete, Tile/Brick
Heat Source Electric
Exterior
Water Access N
View City
Roof Type Unknown
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00176-00001-C0002
Ownership Condominium
Security Features Carbon Monoxide Detector(s),Electric Alarm,Fire Detection System,Main Entrance Lock,Motion Detectors,Security System,Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "