Homes for sale - 4001 LANDIS AVE, Sea Isle City, NJ 08243

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Maria Lewis

marialewis@kw.com +1(301) 800-8188

Listed by Francis Mellace • Century 21 Rauh & Johns

$ 4,800,000

Est. payment | -/mo

4,082 Sqft Lot

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$ 4,800,000

Est. payment | -/mo

Save

4,082 Sqft Lot

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

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Maria Lewis

REALTOR® | Lic# 672035

marialewis@kw.com

+1(301) 800-8188

1441 McCormick Dr Ste 1020, Upper Marlboro, MD, 20774, USA

4001 LANDIS AVE Sea Isle City, NJ 08243

Maria Lewis

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4001 LANDIS AVE