4001 Landis Ave, SEA ISLE CITY, NJ

$4,800,000

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10,000

Square feet

0.09

Acres

About 4001 Landis Ave

The property only consist of building on the corner of 4001 Landis. This is arguably noted as the busiest corner in Sea Isle City. Currently the corner building hosts the Coastal Chop House, South Jersey new and Premier Steakhouse and 2 condos above, which is located Directly across from the famous Ocean Drive Restaurant and Bar. 40 St is also the main walk-up street to the public beach access. The Property is one of if not the most prime location in all of Sea Isle City for both residential and commercial development. Plans attached are for the previously approved demolition of 4001 Landis and 28 4th St. to combine the 2 lots and rebuild a new building that would house a 1st floor commercial redevelopment consisting of 1 main sit down restaurant and 6 walk up food vendor windows. (28 40th st is not part of this listing) The 2nd floor would consist of 6 units 5 being approximately 1260 Sq foot 2 story Condos and 1 commercial unit of the same size. Obviously a potential buyer may choose other options including continuing the existing uses of the buildings but these plans are approved and add significant value. to use the Current Project Approval a potential new owner would need to aquire at their own cost the property at 20 40th st should they wish to use the currently approved plans: The first floor of a newly constructed building on this lot must remain commercial. The second and third floors canl consist of up to 5 condos (for residential use). Each unit is approx. 1260 Sq Ft. The sixth unit must also remain commercial, potentially for managing the property (e.g., HOA or similar).

Features of 4001 Landis Ave

MLS® # NJCM2005212
Price $4,800,000
Bathrooms 0.00
Square Footage 10,000
Acres 0.09
Year Built 1949
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 4001 Landis Ave
Area Sea Isle City City (20509)
City SEA ISLE CITY
County CAPE MAY-NJ
State NJ
Municipality SEA ISLE CITY CITY
Zip Code 08243

Amenities

Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Fireplace No
Has Basement No

Exterior

Exterior Wood, Synthetic Stucco
Roof Other, Shingle

School Information

District SEA ISLE CITY

Additional Information

Zoning COM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Rauh & Johns
Contact Info(856) 582-0366

Listing Map

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