Former Atlantic Club
Transform Steve Wynn’s Original Atlantic City Icon into a World-Class Destination
Marketing description
Marcus & Millichap is pleased to present the exclusive offering of the Former Atlantic
Club Casino Hotel—an iconic, once-in-a-generation opportunity to acquire a trophy hospitality asset with
unmatched historical pedigree, oceanfront prominence, and irreplaceable redevelopment potential in the
heart of Atlantic City.
The hotel is currently shut down, providing a blank canvas for the next owner to revamp, renovate, and reposition
this grand asset into a luxury Hilton-branded resort. With a Hilton franchise agreement already signed, this is a rare
opportunity to revive a landmark with world-class branding and design. Additionally, the property is expected to
secure a casino license within 48 months, offering the future potential to operate as a full-service casino resort,
further enhancing revenue streams and market positioning.
Investment highlights
INVESTMENT HIGHLIGHTS
Flagship Development Potential — Ideal for branded luxury, lifestyle, or mixed-use repositioning
Oceanfront Exclusivity — Only private beach in all of Atlantic City
Strategic Dual Views — 160 keys with oceanfront views; 160 keys overlook the upcoming Formula 1 race circuit
Expansive Infrastructure — 10,000 SF lobby and banquet-ready spaces for high-end hospitality or events
Legendary Provenance — Originally designed by Steve Wynn; prestige and cachet come built-in
Casino License Pathway — Property is positioned to secure a casino license within 48 months
Substantial Price Advantage — Offered well below replacement cost for oceanfront luxury
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