4001 LANDIS AVE Active Save Request In-Person Tour Request Virtual Tour
Sea Isle City,NJ 08243
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJCM2005212
Year Built 1949
Annual Tax Amount $8,818
Tax Year 2024
Lot Size 4,082 Sqft
Acres 0.09
Lot Dimensions 48.00 x 85.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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).
Location
State NJ
County Cape May
Area Sea Isle City City (20509)
Zoning COM
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Other,Shingle
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Sea Isle City
Others
Tax ID 09-00040 02-00008 03
Ownership Fee Simple
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Standard